Overview

Highlighting how the financialization-driven economy has played a significant role in exacerbating the climate crisis, particularly in the Global South, this book examines the relationship between the prevailing economic model and its environmental impact. The chapters in this edited volume focus on two key themes within the Latin American context: the various manifestations of nature’s financialization, particularly through the operations of transnational mining companies, and the consequences of an increasingly financialized neo-extractivism, and the new forms of financial mechanisms for supporting the energy transition. Overall, the book studies the connections between the financial sphere, the constraints on economic-social development, and the preservation of the environment from the perspective of post-Keynesian and Marxist discussions on financialization, the debates of Latin American structuralism around underdevelopment and dependency, and radical political ecology. This book will be of interest to readers of heterodox perspectives on the economy, environment, and development.

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9781041125976

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Monika Meireles is a full-time senior researcher at the Fiscal and Financial Economics Unit of the Institute for Economic Research at the National Autonomous University of Mexico (UNAM). Vania López is a full-time research professor in the Faculty of Economics, teaching in the Bachelor’s Degree in Finance, Doctorate in Political Economy of Development, and Doctorate in Solidarity Economics programs at the Benemérita Universidad Autónoma de Puebla. Elizabeth Concha is a professor in the Bachelor’s Degree Programs in Economics, Administration, and Mathematics at the Universidad Autónoma Metropolitana, Iztapalapa Campus (UAM-I). Antonio Mendoza is a full-time professor and researcher in the Department of Economics at UAM-I and a professor in the Faculty of Economics (UNAM), as well as a professor in the Graduate Program in Latin American Studies (UNAM) and Social Economics at UAM-I.

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