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QoG lunch seminar with Cornelia Woll

Research profile seminar

The QoG Institute regularly organizes seminars related to research on Quality of Government. The seminars address the theoretical and empirical problem of how political institutions of high quality can be created and maintained as well as the effects of Quality of Government on a number of policy areas, such as health, the environment, social policy, and poverty.

Speakers are invited from the international research community and experts from NGOs and other organizations to the lunch seminars. The seminars last for one hour and include a short presentation by the speaker (30-35 min) followed by a joint discussion about the topic.

If nothing else is indicated, the seminars are held in English.

Title of the seminar: Sanctioning Capitalists - Protecting Capitalism: State Control from White Collar Crime to Financial Sanctions

Abstract:
There is a fundamental ambiguity in finance-government relations: while financial institutions are considered the culprits of the recent crisis, they were also necessary to support government action and enable a quick recovery. Understanding the extent of this mutual dependence is necessary to address a question asked by many observers: Why were only few executives of big financial institutions prosecuted in the aftermath of the crisis? Instead of criminal convictions, governments turned to regulatory sanctions and deferred settlements to address corporate misconduct in the last decade. This paper analyzes recent approaches to public control over market actors and argues that financial fines reflect deference to market logics over government authority. Although the sums extracted may appear important, they do not help to convey the sense that government can control large corporations and contributed to the popular sentiment that capitalism is rigged in the interest of the most wealthy.

Lecturer: Cornelia Woll, Professor, Science Po, Paris

Date: 11/14/2018

Time: 12:00 PM - 1:00 PM

Categories: Social Sciences

Organizer: The Quality of Government Institute

Location: Stora Skansen (B336), Sprängkullsgatan 19

Contact person: Tove Wikehult

Page Manager: |Last update: 8/16/2010
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