We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Gramsci and Bourdieu Relevance to Financial Crisis - Term Paper Example

Comments (0)
Name Institution Word count: 2275 Gramsci and Bourdieu Theories relevance to financial crisis Introduction The year 2008 marked failures in insurance firms and banking institutions developed countries across the globe. This initiated a monetary crisis that efficiently stopped worldwide credit markets, ending in the formation of an extraordinary intervention…
Download full paper
Gramsci and Bourdieu Relevance to Financial Crisis
Read TextPreview

Extract of sample
Gramsci and Bourdieu Relevance to Financial Crisis

Download file to see previous pages... The dominance of financial institutions was not widely recognized and accepted. Beginning from 2007, these failures in European and American banks also rippled confidence amongst bankers, making them reluctant to lend money amongst themselves, and their causal borrowers too. The social status of every seemed to alter as the media vastly spread the situation making all states rapidly hold interventions with the aim of making new resolutions. Antonio Gramsci and Pierre Bourdieu Theorists Antonio Gramsci was a prominent Italian Marxist working as a journalist and philosopher. Gramsci spent his last seven years at Mussolini’s prisons where he composed and finished 32 notebooks with nearly 3,000 pages. The notebooks were illegally traded out of prison and issued following the way in the late seventies1. The main topics and theses of the notebooks was the growth of the Marxist assumption relevant to the circumstances of enhanced capitalism. Gramsci mainly concentrated on decisive awareness, the significance of scholars playing a role in daily life. Common sense was also considered a vital aspect of his guiding themes to sustain the position have assisted the disclosure of the transformational potential of schooling2. Pierre Bourdieu, a university lecturer of sociology at College de France in Paris, underwent a double conversion from a pre-capitalist livelihood, to a consumerist one3. When moving from Denguin in the small-scale farming Bearn regions Pyrenees, to urban Paris, Bourdieu drafted with the military and became a self-taught anthropologist following his second comeback from the countryside’s of South of Algeria. As a result, Bourdieu has been well established in his theory that the basic component of modernity is the past change towards the better implication of the financial system within the entire community. Similarly, Bourdieu aims at evading the oppositions grounded on freedom and discrimination that reverberate through the associated dualism of the “individual intellect” and the “masses.” This guiding principle in his argument notes the means by which the deskilling of the inferior social classes has been gone along with the “hyper-skilling” of the mastermind4. Thesis: Gramsci would argue that the general reluctance to protest and reform the economic system stems from the hegemonic consent built thru civil society and political society5. He would also believe that the potential of the movement could be realized only through a war of position and the support of a crushing majority. As for Bourdieu, the majority are reluctant to protest because it impedes their ability to accumulate capital. Furthermore, protestors’ inability t acknowledges the structural dynamics of their domination works to stick with their subordinate social position.  How would Gramsci theorize this reluctance in relation with his concepts? 1. Hegemony Gramsci received the analysis of capitalism that was established and spread by Marx in the previous century. The theory acknowledged the thrash between the highest and the inferior social class. Marxism is also driven by a force that developed throughout the community. This precise perspective is relevant and applicable to the “ignorance” that the current society is going through concerning the dominance of the ...Download file to see next pagesRead More
Comments (0)
Click to create a comment
2008 Financial Crisis
2008 Financial Crisis Until the start of the financial crisis in August 2007, the world was experiencing strong economic growth (Obstfeld & Rogoff). Investors and consumers were optimistic in their expectations, which reflected itself in high consumption and investment rates.
11 Pages(2750 words)Term Paper
Finance Essay Hungarian Financial Crisis
One way to get rid of this situation was to take help from the International Monetary Fund, but still there was doubt whether the Hungarian economy could get back to its previous situation (Horvath, 1). Hungarian Weaknesses The Hungarian Financial Crisis which occurred in the year 2008 was not due to frustration or fright.
10 Pages(2500 words)Term Paper
The principal cause of the financial crisis:corporate governance failure. financial crisis of 2007-2008
With this change due to globalization, the thought process of people has also significantly influenced and they have realized their priorities.The policy makers realized the necessity of interdependence and co-operation in encouraging the international trade.
8 Pages(2000 words)Term Paper
Financial crisis
Introduction 3 2) Types of Financial Crisis 3 3) Causes of Financial Crisis 7 4) Prevent Financial Crisis 9 4) Conclusions 10 References 11 1. Introduction Financial crisis is a term used to identify events and situations where an entity such as a bank, financial institutions, and the stock market will suddenly see a devaluation of their assets.
8 Pages(2000 words)Term Paper
Financial crisis
One of the most significant causes of the financial crisis disclosed by the author is the market instability. This was related with the poor credit lines which had deteriorated the money supply while limiting the economic growth. Individuals and businesses were unable to pay back their loans which also affected the assets and cash reserves.
3 Pages(750 words)Essay
Financial Crisis in Asia
 The last three decades saw Asian economies over achieve from the perspective of Economic Growth, this was known as the “Asian Miracle”. Countries like Thailand, Malaysia, and Indonesia witnessed tremendous economic growth in the late 1980s, but all this came to an abrupt end due to the financial crisis in Asia which severely affected the Economies of these countries. 
9 Pages(2250 words)Term Paper
U.S financial crisis
There are various factors, some with more weight than others, which lead to the catastrophic events of 2008. The solid foundation of the economy has been infested with
4 Pages(1000 words)Term Paper
Gramsci and Bourdieu Theories Relevance to Financial Crisis

The author explains that Antonio Gramsci was a prominent Italian Marxist working as a journalist and philosopher. Gramsci spent his last seven years at Mussolini’s prisons where he composed and finished 32 notebooks with nearly 3,000 pages. The notebooks were illegally traded out of prison and issued following the way in the late seventies.

8 Pages(2000 words)Term Paper
Role of commercial banks in causing the financial crisis
The financially ailing superpower became the main cause of the failed inflation rated in economies over the world affecting the
5 Pages(1250 words)Term Paper
1997-1998 Asian financial crisis
More than that, the crisis itself went out to international political level that concentrated on the timeless clash between debtors and creditors within the world economic sphere. At the moment when economy starts to cry the thing creditors care about is
12 Pages(3000 words)Term Paper
Let us find you another Term Paper on topic Gramsci and Bourdieu Relevance to Financial Crisis for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us