Unavowed Aspects Of The Financial Crisis And Its Aftermath

Bachelor Thesis from the year 2013 in the subject Economics - Finance, grade: 1.00, University of Vienna (Institute for Business Administration; Chair of Finance), course: International Financial Management, language: English, abstract: Summa summarum the Financial Crisis was like a test of faith, namely this is what remains when the complex and complicated formulas of finance are decoded. The acceleration of different methods like the housing policy creation has to be taken into account due to the fact that the space for growth is still accessible – however if peaks tend to point to the limitations of the system a possible crash is immanent. The big question is when and how finiteness will be reached.

The objective of this study is to depict the energy environment regarding the various sources of energy, the correlation of energy mixes, various trends of transition and mainly corruption of these preceding aspects. An insight of successful and failing counter-measures is also provided.The term corruption in an economic environment is defined as fraud, bribery, immorality and misuse of power, however the actual scope is greater, as the interdependencies of nations, economies and their corresponding interactions create disruptions and discrepancies – especially when lobbying is exploited. Misinformation and the corruption of data are the most difficult research topics, as science should not be misused in forcing an opinion with falsifying facts for instance and must not lead to technical provable contradictions.The approach to fight corruption is most likely to be efficient and successful if performed supranational on all public sectors - with adaptations to the energy sector - by all means with high collaborative efforts.

This is a book for the age of resistance, for the occupiers of the squares, for the generation of Occupy Wall Street. The premier radical political philosopher of our time offers a devastating critique of the way neoliberalism has hollowed out democracy.

Despite creating vast inequalities and propping up reactionary world regimes, capitalism has many passionate defenders—but not because of what it withholds from some and gives to others. Capitalism dominates, Todd McGowan argues, because it mimics the structure of our desire while hiding the trauma that the system inflicts upon it. People from all backgrounds enjoy what capitalism provides, but at the same time are told more and better is yet to come. Capitalism traps us through an incomplete satisfaction that compels us after the new, the better, and the more. Capitalism's parasitic relationship to our desires gives it the illusion of corresponding to our natural impulses, which is how capitalism's defenders characterize it. By understanding this psychic strategy, McGowan hopes to divest us of our addiction to capitalist enrichment and help us rediscover enjoyment as we actually experienced it. By locating it in the present, McGowan frees us from our attachment to a better future and the belief that capitalism is an essential outgrowth of human nature. From this perspective, our economic, social, and political worlds open up to real political change. Eloquent and enlivened by examples from film, television, consumer culture, and everyday life, Capitalism and Desire brings a new, psychoanalytically grounded approach to political and social theory.

Corruption arises from the collusion of economic and political elites, a practice that has developed in order to overcome the contradiction of two important processes of our time: capitalism and democracy. In this new study of the phenomenon, the author shows how corruption is the practice of collusion taken to excess; 'the unacceptable face of capitalism'. Corruption, by 'going too far', exposes what is normally hidden from view; the collusive system of elites furthering the expansion of capitalist practice and market practice at the expense of democratic practice and public values.

This carefully crafted ebook: “THE ENGINEERS AND THE PRICE SYSTEM” is formatted for your eReader with a functional and detailed table of contents. The Engineers and the Price System is a compilation of a series of papers, each of which mainly analyzes and criticizes the price system, planned obsolescence, and artificial scarcity. His position is that engineers, not workers, should overthrow capitalism. Veblen wrote this book during his occupation in The New School's development and in it, he proposed a soviet of engineers. Thorstein Veblen (1857-1929) was an American economist and sociologist. He is well known as a witty critic of capitalism. Veblen is famous for the idea of "conspicuous consumption." Conspicuous consumption, along with "conspicuous leisure," is performed to demonstrate wealth or mark social status. Veblen explains the concept in his best-known book, The Theory of the Leisure Class. Within the history of economic thought, Veblen is considered the leader of the institutional economics movement. Veblen's distinction between "institutions" and "technology" is still called the Veblenian dichotomy by contemporary economists.