Bookmarker is a personal project by @dellsystem to help with retaining reading material. Source on GitHub.

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establishing oversight of states by markets

[...] Financialization for Vogl essentially involves the transfer of financial oversight to the financial markets themselves, ultimately establishing oversight of states by markets. Subjected to the dictates of capital accumulation, the relations that make up the infrastructure of social life are f…

—p.148 New Left Review 110 The Fourth Power? (141) by Wolfgang Streeck
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central banks constitute a fourth power

[...] central banks have historically moved back and forth between very different institutional forms: private, public and various combinations of the two. Far from constituting a rational-functionalist formation, they have performed widely diverse and often barely related functions—from the admini…

—p.146 The Fourth Power? (141) by Wolfgang Streeck