Financiarización y consumismo multipolarismos y crisis Covid-19 (Financialization and Consumerism: Multipolarisms and the COVID-19 Crisis)

Vol. 66, Nº. 242, 2021 (Ejemplar dedicado a: Covid-19. Una constelación de crisis), págs. 345-372

28 Pages Posted: 11 Jun 2021

See all articles by Edgar Ortiz

Edgar Ortiz

Social and Political Sciences Faculty

alejandra ortiz

National Autonomous University of Mexico (UNAM) - Faculty of Chemistry

Miriam Sosa Castro

UAM Xochimilco

Date Written: March 17, 2021

Abstract

Spanish Abstract: El presente trabajo postula que bajo la terrible crisis mundial causada por la crisis sanitaria del Covid-19 subyace una crisis económica-financiera, derivada de un continuo de múltiples prácticas especulativas financieras en un entorno multipolar asimétrico y propulsor de desigualdades globales y locales. Dos importantes examinados son la financiarización y el consumismo cuyo entorno causal ha estado influenciado y entreverado con los patrones de gobernanza y gobernabilidad locales e internacionales impulsados por los intereses y hegemonía de las empresas transnacionales y multinacionales (TM). Metodológicamente, proponemos precisiones conceptuales sobre estas empresas, así como acerca de la multipolaridad, gobernanza y gobernabilidad. La evidencia analizada confirma que subyacente a la crisis sanitaria se encuentra una crisis económico-financiera estructural cuyos desequilibrios y abusos profundizan la crisis Covid-19.

English Abstract: This work posits that under the terrible global crisis caused by the COVID-19 health crisis lies an economic-financial crisis, stemming from a continuum of multiple financial speculative practices in an asymmetrical multipolar environment and a driving force of global and local inequalities. Two important factors reviewed here are the financialization and consumerism whose causal environment has been influenced and intertwined with local and international governance and governability patterns fostered by the interests and hegemony of transnational and multinational enterprises (tm). Methodologically, we propose research that sheds light on these companies, as well as on multipolarity, governance and governability. The evidence analyzed confirms that underlying the health crisis lies a structural economic and financial crisis whose imbalances and abuses deepen the COVID-19 crisis.

Note: Downloadable document is in Spanish.

Keywords: Multipolarismo, financiariazación, crisis, consumismo, COVID-19

JEL Classification: I15, P12, G01

Suggested Citation

Ortiz, Edgar and ortiz, alejandra and Castro, Miriam Sosa, Financiarización y consumismo multipolarismos y crisis Covid-19 (Financialization and Consumerism: Multipolarisms and the COVID-19 Crisis) (March 17, 2021). Vol. 66, Nº. 242, 2021 (Ejemplar dedicado a: Covid-19. Una constelación de crisis), págs. 345-372, Available at SSRN: https://ssrn.com/abstract=3858036

Edgar Ortiz (Contact Author)

Social and Political Sciences Faculty ( email )

México

Alejandra Ortiz

National Autonomous University of Mexico (UNAM) - Faculty of Chemistry ( email )

Mexico City
Mexico

Miriam Sosa Castro

UAM Xochimilco ( email )

Calzada del Hueso 1100
Coyoacan
Mexico, 04960
Mexico

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