Abstract

ORTIZ, Edgar; CABELLO ROSALES, Alejandra  and  SOSA CASTRO, Miriam. Financialization and Consumerism: Multipolarisms and the Covid-19 Crisis. Rev. mex. cienc. polít. soc [online]. 2021, vol.66, n.242, pp.345-372.  Epub Oct 25, 2021. ISSN 0185-1918.  https://doi.org/10.22201/fcpys.2448492xe.2021.242.76139.

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.

Keywords : multipolarism; financialization; crisis; consumerism; Covid-19.

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