Debating financial regulation: The people v the City

As students continued to protest against the commodification of education, and Ireland prepared for a bailout, the New Political Economy Network met to discuss the realities of financial regulation. It was agreed that regulation – or re-regulation – is needed in order to protect against predatory and dehumanising financial practises. Inseparable from regulation, according to Maurice Glasman and Costas Lapavitsas, is the state’s capacity to be a force for social democracy.