The Post-Gold Dollar: Unanchored Capitalism and the Power of Big Finance (HOM 37) |
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History of Money, Lecture 37: survey and analysis of general trends since the severing of the link between the dollar and gold in 1971, combined especially with the adoption of too-big-to-fail in and after 2008.
Timecodes 0:00 - Intro 4:11 - Unanchored Capitalism 11:28 - The Consolidation of American Finance 20:40 - The Big 4-7 Banks 25:55 - Income Inequality 32:20 - The Revolving Door between Big Finance and Government 46:44 - Campaign Finance 52:43 - Practical Solutions In this presentation, we'll take a look - among other things - at the Dodd-Frank Act of 2010; the financial sector; big bank consolidation; income inequality; crony capitalism; and the revolving door between the financial industry and government, including the Treasury Department (Secretary Robert Rubin, Larry Summers, Hank Paulson, Timothy Geithner, Steve Mnuchin), think tanks like the Council on Foreign Relations and Brookings Institution, the Securities and Exchange Commission (SEC), and campaign finance. Top seven banks in the US: JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs, Morgan Stanley, US Bancorp. --------------------------------------------------------- If enjoy this channel and would like to support: https://patreon.com/professorbarth Follow me on X: https://twitter.com/Professor_Barth Buy my book! The Currency of Empire: Money and Power in English America, released June 2021 with Cornell University Press. Order your copy now. https://www.amazon.com/Currency-Empire-Seventeenth-Century-English-America/dp/1501755773/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1611158577&sr=8-1 _______________________________________ Dr. Jonathan Barth received his PhD in history from George Mason University in 2014. He specializes in the history of money and banking in the early modern period, with corollary interests in early modern politics, empire, culture, and ideas. Barth is Associate Professor of History at Arizona State University and Associate Director of the Center for American Institutions at Arizona State University. _______________________________________ Visit my website https://www.professorbarth.com/ _______________________________________ Disclaimer: The views and opinions expressed on this channel are my own and do not reflect the views of Arizona State University, nor are any of the views endorsed by Arizona State University. |