BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//Talks.cam//talks.cam.ac.uk//
X-WR-CALNAME:Talks.cam
BEGIN:VEVENT
SUMMARY:The vicious circle of Hoarding\, Low investment\, and the Great Re
 cession - Dr Ahmad Seyf\, Regent's University London
DTSTART:20170308T160000Z
DTEND:20170308T170000Z
UID:TALK69933@talks.cam.ac.uk
CONTACT:Ingrid Cizaite
DESCRIPTION:Despite the fact that corporations seem to be making handsome 
 profits\, they have not been willing to invest the surplus in new and long
 -term projects for expansion. In this contribution\, I briefly look at thi
 s problem and discuss some of the arguments put forward to explain this ra
 ther strange phenomenon. It is my contention that there is an internal and
  relatively strong link between the Great Recession\, low investment and h
 oarding\, which left on its own mechanism\, would only reproduce the same 
 outcome. The Great Recession feuls the tendency for hoarding and low inves
 tment\, and likewise\; unless investment is recovered\, the Great Recessio
 n will perpetuate. I further argue that that this package is indeed a mani
 festation of some serious structural problems of Neo Liberal capitalism th
 at would not go away by market forces and requires effective and serious e
 xogenous shocks by the state. \n\nAhmad Seyf is currently teaching at the 
 Department of Management and Human Resources at Regent’s University – 
 London. His main research interests are international business economics\,
  globalisation and the economic and social history of the Middle East. He 
 is a bilingual writer\, having written extensively on Iran\, his country o
 f birth. Recent publications include\,’ Population and Agricultural Deve
 lopment in Iran\, 1800-1906’ in Middle Eastern Studies\, 2009\, and ‘I
 ran and the Great Famine\, 1870-1872’ in Middle Eastern Studies\, 2010. 
 His books include Iran’s Contemporary Political Economy (2012)\, the Eco
 nomy of Iran under Ahmadinejad (2012)\, Crisis in Despotism in Iran (2014)
 \, Capitalism and Democracy (2016) and The Great Recession\, Iranian view 
 (forthcoming). 
LOCATION:Mill Lane Lecture Room 1
END:VEVENT
END:VCALENDAR
