Permanent Crisis

Marc Chesney is Professor of Finance and Director of the Department of Banking and Finance at the University of Zurich, Switzerland. He was previously Professor and Associate Dean at HEC Paris from 1993 until 2000 and is currently a member of the European NGO Finance Watch. For many years he has been developing a critical analysis of the financial sector as well as casino finance.

• Introduction: The sinking of civilisation in the name of its salvation.- 1. Yesterday and today.- 2. Trying to satisfy financial markets is but a vain task.- 3. Liberalism: the financial sphere does not practice what it preaches.- 4.Characteristics of casino finance.- 5.The birth of homo-financiarius and the subservience of the elite.- 6. Some remedies and solutions.