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CSEAS Tonan Talk by Dr. Walden Flores Bello on December 1
2016/12/01 @ 12:00 PM - 1:30 PM
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You are cordially invited to a CSEAS Tonan Talk, a Brown Bag lecture series.
The talk is open to the public, and you can bring your lunch bag to the place.The details are as follows.
Title: Keynesian Economics and the Global Financial Crisis: A Study in
the Relations of Knowledge and Power
Speaker: Dr. Walden Flores Bello, CSEAS Visiting Research Scholar
Date and Time:December 1st (Thurs.), 12:00-13:30, 2016
Venue:Toan-tei (Room No. 201) on the 2nd floor of Inamori foundation
memorial building, Center for Southeast Asian Studies, Kyoto University
Moderator: Caroline HAU, CSEAS, Kyoto University
Abstract:
The eruption of the global financial crisis in 2008 saw Keynesian
economics make a comeback as the neoliberal economics that had served as
the underpinning of global financial deregulation was discredited. The
talk will discuss the set of concepts that Keynesian economists
developed to understand the roots of the crisis, some of them drawn from
the study of the Japan’s financial collapse in the mid-1990’s. While
triumphant in explaining the crisis, Keynesian economics was less
successful in providing solutions to it. This was due not only to the
stubborn rearguard resistance by neoliberal ideologues and the
structural power of finance capital; also decisive were Keynesianism’s
own theoretical and ideological limitations in meeting the urgent task
of transforming the global financial system before another, probably
more destructive crisis erupted.
This investigation of the dynamic interaction of knowledge systems with
the structure of economic and political power is the first part of a
broader study of the reform of the global financial system from a
progressive point of view conducted under the auspices of the Center of
Southeast Asian Studies of Kyoto University and the Transnational
Institute in Amsterdam.
About the speaker:
Walden Bello is a visiting senior research scholar at the Center for
Southeast Asian Studies of Kyoto University, an associate of the
Amsterdam-based Transnational Institute, and a professor at the
Department of Sociology of the State University of New York at
Binghamton. He is the author or co-author of 20 books, the most recent
of which are State of Fragmentation: The Philippines in Transition
(Manila: Focus on the Global South, 2014), Capitalism’s Last Stand
(London: Zed, 2013), Food Wars (London: Verso, 2009), and Dilemmas of
Domination (New York: Henry Holt, 2005). He was a member of the House
of Representatives of the Philippines from 2009 to 2015.