[Marxism] Finance and the imperialist world order in the 21st century

Philip Ferguson philipferguson8 at gmail.com
Sat Dec 1 22:59:06 MST 2018

Philip Ferguson: Could you tell us a little bit about your political
background and how you chose to do your PhD on British imperialism today?

Tony Norfield: The PhD that I completed in 2014 was titled ‘British
imperialism and finance: a contribution to the theory of contemporary
imperialism’. I thought I had something new to The City, front cover of
Verso booksay on these questions, both because ‘British imperialism’ was a
term that nowadays seemed to be used only for the colonial period and
because, as far as I could see, nothing had been done on this topic
relating to the UK since the 1980s, ie before the recent decades in which
the financial system had become such a major issue. I have long had an
interest in ‘finance’ and capitalism, since well before I ended up, much to
my surprise, in getting a job in a bank dealing room.

I have always been interested in how things work economically/socially.
Initially, as a teenager, this led me to be a left-wing Keynesian, as I
thought the capitalist economy could be more progressively managed. Later,
at university, I was attracted by Marxist analysis as it made much more
sense! I have been a Marxist ever since. My jobs have also been in
economics and business, and these have provided so-called ‘real world’
experience with which to judge and develop Marxist theory.

Phil F:  The book seems to have a wider remit than just British
imperialism. What made you expand your area of analysis?

Tony N: I think that any particular country can only be understood as part
of the global system. How an economy/society evolves depends on its. . ."

full at:

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