The Leo Panitch School for Socialist Education is proud to present the Toronto launch of the new book from Scott Aquanno and Steve Maher: The Fall and Rise of American Finance: From J.P. Morgan to Blackrock (Verso. 2024).

Today, it is all but taken for granted that finance is parasitic on industry. Financialization, in this view, amounts to financial institutions capturing the state, hollowing out the “real” economy, and hastening the decline of capitalism. Stephen Maher and Scott Aquanno challenge these arguments in their new book. They insist that, despite the costs to workers and the middle class over the last decades, financialization has boosted competitiveness and strengthened capital – all with the support of an ever stronger and more authoritarian state.

All are warmly invited to join us for the Toronto launch of this insightful and timely book. As global left and progressive forces search for ways to meaningfully confront the ever-evolving capitalism of today, works such as The Fall and Rise of American Finance are a vital tool in understanding the shifting economic landscape we face.

All are welcome to stay following the end of the evening’s program for light refreshments. Copies of the book will also be available for purchase.

While this book launch is primarily a live event, please stay tuned for more information regarding online viewing options for those unable to attend in person.

Accessibility

The event space at the Centre for Social Innovation is on the first floor of the building, down a short flight of stairs at the south entrance. Wheelchair/level access can be found via a small lift directly inside the main doors. Further accessibility information can be found here. If you have any concerns regarding accessibility at this event, please don't hesitate to contact us.

Wearing a mask at this event is recommended. Masks will be available at the Leo Panitch School table towards the back of the event space. 

Any questions regarding accessibility, participation, or programming can be directed to info@leopanitchschool.ca.