Brett Christophers on the Expansion of Asset Management Firms across the Globe

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Verso Books

Verso Books

Жыл бұрын

Author Brett Christophers sat down with Verso to talk about his latest book, Our Lives in Their Portfolios - available now!
www.versobooks.com/products/2...
About OUR LIVES IN THEIR PORTFOLIOS by Brett Christophers:
Banks have taken a backseat since the global financial crisis over a decade ago. Today, our new financial masters are asset managers, like Blackstone and BlackRock. And they don't just own financial assets.
The roads we drive on; the pipes that supply our drinking water; the farmland that provides our food; energy systems for electricity and heat; hospitals, schools, and even the homes in which many of us live-all now swell asset managers' bulging investment portfolios.
As the owners of more and more of the basic building blocks of everyday life, asset managers shape the lives of each and every one of us in profound and disturbing ways. In this eye-opening follow-up to Rentier Capitalism, Brett Christophers peels back the veil on "asset manager society."
Asset managers, he shows, are unlike traditional owners of housing and other essential infrastructure. Buying and selling these life-supporting assets at a dizzying pace, the crux of their business model is not long-term investment and careful custodianship but making quick profits for themselves and the investors that back them.
In asset manager society, the natural and built environments that sustain us become one more vehicle for siphoning money from the many to the few.
BRETT CHRISTOPHERS is Professor in the Department of Social and Economic Geography at Uppsala University. A political economist and economic geographer, he is the author or coauthor of five previous books.
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Пікірлер: 3
@Sissyphussy
@Sissyphussy 3 ай бұрын
I appreciate both Christophers' points on (1) care homes and (2) the difference of this model when compared to China, because I'm currently trying to write my undergrad dissertation on asset management and care homes. But I'm really struggling with finding sources, does anyone know anything about this and could point me in a certain direction? I'm listening to his audiobook now, but there's nothing incredibly specific yet. Also, does anyone know how i'd get information about China's asset management? Or their adult social care sector - whether they're predominantly state owned? Etc I just wish I could talk to Christopher and ask him how he sourced all these things! Of course, he notes in the book how difficult this topic is to research because of the anonymity! But damn! Maybe I should have just chosen a different topic! But it's so interesting😅
@thejfoshow1320
@thejfoshow1320 Ай бұрын
The physical book must have references?
@thejfoshow1320
@thejfoshow1320 Ай бұрын
I’ve looked. - they do. Tell me what you want and I’ll send them to you (as I have the physical book)
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