Financialisation, Assetisation or Rentiership? A Comparative Analysis of Capital Accumulation Strategies in the Pharmaceutical and Diagnostics Industries.
- 👤 Speaker: Professor Stuart Hogarth, Professor Sarah Franklin, Luke Hawksbee. All speakers are from the Department of Sociology, University of Cambridge
- 📅 Date & Time: Tuesday 29 November 2022, 12:30 - 14:00
- 📍 Venue: Lecture Block Room 6, Sidgwick Site, Sidgwick Avenue, Cambridge
Abstract
Research conducted over the last two decades has identified financialisation as a defining feature of the global political economy in the neoliberal era. The growing power of financial actors to shape the behaviour of non-financial firms; the reconceptualization of the firm as a bundle of assets; and an increasing focus on exploiting intangible assets, in particular intellectual property rights, has led to what many deem to be a new era of “rentier capitalism”.
This seminar will present work discussing the applicability of these concepts and exploring how financial and institutional contexts shape the business strategies of diagnostics firms and ‘big pharma’ on either side of the Atlantic.
This is the last in this term’s Sociology Seminar Series, please find details of all events here: https://www.sociology.cam.ac.uk/files/sem_series_correct_mich.pdf
Series This talk is part of the Sociology Seminar Series 22-23 series.
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Professor Stuart Hogarth, Professor Sarah Franklin, Luke Hawksbee. All speakers are from the Department of Sociology, University of Cambridge
Tuesday 29 November 2022, 12:30-14:00