Finance and the
IFSC
We’re Not Leaving Mayday Fest
Twisted Pepper, Dublin
3 May 2014
Dr. Conor McCabe
UCD School of Social...
DREAM…
INNOVATION
[Lehman collapse, 15 September 2008 - headlines 16 Sep 2008]
Over the last quarter of a
century something
fundamental seems to have
changed in the way in which
capitalism works.
The t...
Rather than being a modest
helper to the capital
accumulation process,
[finance] gradually turned
into a driving force.
Sp...
“Part of the reason people get less giddy
about the Dow than they did five years ago
is that they have learnt a bit about
...
One company –
200 employees
One employee–
200 companies
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
We're Not Leaving: Finance and the IFSC (May Day Fest 2014)
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We're Not Leaving: Finance and the IFSC (May Day Fest 2014)

  1. 1. Finance and the IFSC We’re Not Leaving Mayday Fest Twisted Pepper, Dublin 3 May 2014 Dr. Conor McCabe UCD School of Social Justice
  2. 2. DREAM…
  3. 3. INNOVATION
  4. 4. [Lehman collapse, 15 September 2008 - headlines 16 Sep 2008]
  5. 5. Over the last quarter of a century something fundamental seems to have changed in the way in which capitalism works. The tendency since 1970 has been towards greater geographical mobility of capital.
  6. 6. Rather than being a modest helper to the capital accumulation process, [finance] gradually turned into a driving force. Speculative finance became a kind of secondary engine for growth given the weakness in the primary engine, productive investment.
  7. 7. “Part of the reason people get less giddy about the Dow than they did five years ago is that they have learnt a bit about inequality. what looks like a recovery, a rally or an increase in consumer confidence may just be the effect of elites passing money among themselves.“ Christopher Caldwell, FT 9 March 2013
  8. 8. One company – 200 employees One employee– 200 companies

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