SOAS University of London

Department of Economics

Costas Lapavitsas

BSc (Econ), MSc (Econ), PhD (London)
  • Overview
  • Teaching
  • Research
  • Expertise
  • Publications

Overview

Teaching

Research

My research interests include the relationship of finance and development, the structure of financial systems, and the evolution and functioning of the Japanese financial system. I have recently started work on the interaction between market and non-market relations in the financial system.

Inaugural Lecture 

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Professor Costas Lapavitsas Inaugural Lecture: Money, The Invisible Bind

Expertise

For help in contacting SOAS academics and advice on services to business and the community, please contact SOAS Enterprise on +44(0)20 7898 4837 or email enterprise@soas.ac.uk.
For all press and media enquiries please call +44 (0)20 7898 4135 or email comms@soas.ac.uk

Available for
Regional Expertise
  • East Asia
Country Expertise
  • Japan
Languages

Publications

Authored Books

Lapavitsas, Costas and Cakiroglu, P. (2018) Capitalism in Ottoman Macedonia: Industrialisation and Modernity in the Hinterlands. London: I.B. Tauris. [Forthcoming]

Lapavitsas, Costas (2018) The Left Case against the EU. Polity Press. [Forthcoming]

Lapavitsas, Costas and Flassbeck, Heiner and Durand, Cédric and Etievant,, Guillaume and Lordon, Frédéric (2016) Euro, plan B: sortir de la crise en Grèce, en France et en Europe. Paris: Editions du Croquant.

Flassbeck, Heiner and Lapavitsas, Costas (2015) Against the Troika: Crisis and Austerity in the Eurozone. London; New York: Verso.

Lapavitsas, Costas (2014) Word for word: Writings on the Greek Crisis [In Greek]. Athens: Topos Press.

Lapavitsas, Costas (2013) Profiting without Producing: How Finance Exploits Us All. London: Verso.

Lapavitsas, Costas and Kaltenbrunner, A. and Lambrinidis, G. and Lindo, D. and Meadway, J. and Michell, J. and Painceira, J.P. and Powell, J. and Pires, E. and Stenfors, A. and Teles, N. and Vatikiotis, L. (2012) Crisis in the Eurozone. London: Verso.

Lapavitsas, Costas and Kaltenbrunner, A. and Lindo, D. and Meadway, J. and Michell, J. and Painceira, J.P. and Pires, E. and Powell, J. and Stenfors, A. and Teles, N. (2012) Breaking Up? A Radical Route Out of the Eurozone Crisis [In Greek]. Athens: Livanis Press.

Lapavitsas, Costas and Kouvelakis, Stathis (2012) Crisis and a Left Way Out [In Greek]. Athens: Livanis Press.

Lapavitsas, Costas and Kaltenbrunner, A. and Lambrinidis, G. and Lindo, D. and Meadway, J. and Michell, J. and Painceira, J.P. and Pires, E. and Powell, J. and Stenfors, A. and Teles, N. (2010) The Eurozone between Austerity and Default [In Greek]. Athens: Livanis Press.

Lapavitsas, Costas and Kaltenbrunner, A. and Lambrinidis, G. and Lindo, D. and Michell, J. and Painceira, J.P. and Pires, E. and Powell, J. and Stenfors, A. and Teles, N. (2010) Eurozine in Crisis [In Greek]. Athens: Novoli Press.

Lapavitsas, Costas (2009) Financialised Capitalism: Expansion and Crisis [In Spanish]. Madrid: Maia Ediciones.

Lapavitsas, Costas (2003) Social Foundations of Markets, Money and Credit. London: Routledge.

Lapavitsas, Costas (1999) Political Economy of Money and Finance. Basingstoke: Macmillan.

Articles

Lapavitsas, Costas and Mendieta-Muñoz, Ivan (2018) 'Financialisation at a Watershed in the USA'. Competition & Change. [Forthcoming]

Lapavitsas, Costas (2018) 'The Redenomination Risk of Exiting the Eurozone: An Estimation Based on the Greek Case'. European Law Journal. [Forthcoming]

Lapavitsas, Costas (2018) 'Political Economy of the Greek Crisis'. Review of Radical Political Economics. [Forthcoming]

Lapavitsas, Costas (2018) 'A Socialist Strategy for Europe'. Catalyst, (1) 3.

Lapavitsas, Costas and Mariolis, Theodore and Gavrielidis, Constantinos (2017) 'Il fallimento dell’Eurozona e il ruolo delle politiche tedesche [The failure of the Eurozone and the role of German policies]'. Il Ponte, (5-6) May-June, pp 105-133.

Lapavitsas, Costas and Mariolis, Theodore with Constantinos Gavrielides (2017) 'Eurozone Failure, German policies, and a New Path for Greece: Policy Analysis and Proposals'. Rosa Luxemburg Stiftung Publikationen 3.

Lapavitsas, Costas and Mendieta-Munoz, Ivan (2016) 'The Profits of Financialisation'. Monthly Review, (68) 3.

Lapavitsas, Costas and Mason, Paul and Mazzucato, Mariana and Milne, Seumas and Chew, Ben (2014) 'How to change the post-crash economy'. City, (18) 2, pp 175-190.

Lapavitsas, Costas (2013) 'The financialization of capitalism: ‘Profiting without producing’'. City, (17) 6, pp 792-805.

Lapavitsas, Costas (2012) 'Default and Exit from the Eurozone: A Radical Left Strategy'. Socialist Register, (48), pp 288-297.

Lapavitsas, Costas (2012) 'European Capitalism at a Crossroads [In French]'. Actuel Marx 51, pp 44-58.

Lapavitsas, Costas (2011) 'Theorizing financialization'. Work, Employment and Society, (25) 4, pp 611-626.

Lapavitsas, Costas and Kaltenbrunner, A. and Labrinidis, G. and Lindo, D. and Meadway, J. and Michell, J. and Painceira, J.P. and Pires, E. and Powell, J. and Stenfors, A. and Teles, N. (2011) 'Crisis in the Eurozone: The prospect of default in the periphery and exit from the monetary union [In Spanish]'. Revista de Economía Crítica, (11), pp 131-171.

Lapavitsas, Costas and Kaltenbrunner, Annina and Lindo, Duncan and Michell, J. and Painceira, Juan Pablo and Pires, Eugenia and Powell, Jeff and Stenfors, Alexis and Teles, Nuno (2010) 'Eurozone crisis: beggar thyself and thy neighbour'. Journal of Balkan and Near Eastern Studies, (12) 4, pp 321-373.

Lapavitsas, Costas (2009) 'The Roots of the Global Financial Crisis'. Development Viewpoint 28.

Lapavitsas, Costas (2009) 'Financialised Capitalism: Crisis and Financial Expropriation'. Historical Materialism, (17) 2, pp 114-148.

Lapavitsas, Costas (2009) 'Financialisation Embroils Developing Countries'. Papeles de Europa, (19), pp 108-139.

Lapavitsas, Costas (2009) 'The Crisis of Financialised Capitalism [In Greek]'. Eneken, (13), pp 7-23.

Lapavitsas, Costas (2009) 'Financialisation, or the Search for Profits in Circulation'. Economiaz, (72) 3, pp 98-119.

Lapavitsas, Costas and Santos, Paulo dos (2008) 'Globalization and Contemporary Banking: On the Impact of New Technology'. Contributions to Political Economy, (27), pp 31-56.

Lapavitsas, Costas (2007) 'Information and Trust as Social Aspects of Credit'. Economy and Society, (36) 3, pp 416-436.

Lapavitsas, Costas (2006) 'Power and Trust as Constituents of Money and Credit'. Historical Materialism, (14) 1, pp 129-154.

Lapavitsas, Costas (2006) 'Social and Economic Underpinnings of Industrial Development: Evidence from Ottoman Macedonia'. Journal of European Economic History, (35) 3, pp 661-710.

Lapavitsas, Costas (2005) 'The Emergence of Money in Commodity Exchange, or Money as Monopolist of the Ability to Buy'. Review of Political Economy, (17) 4, pp 549-569.

Lapavitsas, Costas (2005) 'The Social Relations of Money as Universal Equivalent: A Response to Ingham'. Economy and Society, (34) 3, pp 389-403.

Lapavitsas, Costas (2004) 'Commodities and Gifts: Why Commodities Represent More than Market Relations'. Science & Society, (68) 1, pp 33-56.

Fine, Ben and Lapavitsas, Costas (2004) 'Social Capital and Capitalist Economies'. South-Eastern Journal of Economics, (2) 1, pp 17-34.

Fine, Ben and Saad Filho, Alfredo and Lapavitsas, Costas (2004) 'Transforming the Transformation Problem: Why the "New Interpretation" is a Wrong Turning'. Review of Radical Political Economics, (36) 1, pp 3-19.

Lapavitsas, Costas (2002) 'Globalisation and the Imperative of Economic Control'. Greek, Theseis, (vol. n), pp 23-42.

Lapavitsas, Costas (2002) 'Review of "Markets from Networks: Socioeconomic Models of Production" by Harrison C. White'. Enterprise & Society, (vol. 3), pp 547-549.

Lapavitsas, Costas (2002) 'What Kind of Theoretical Journal is Necessary for the Left Today?'. Greek, Theseis, (vol. n), pp 17-20.

Lapavitsas, Costas (2001) 'The Recent Turkish Crisis: Another Step Toward Free Market Authoritarianism'. Historical Materialism, (vol. 8), pp 297-308.

Lapavitsas, Costas (2001) 'The Recent Turkish Crisis: Another Step Toward Free Market Authoritarianism'. Theseis, (vol. 7), pp 99-115.

Lapavitsas, Costas (2001) 'The Recent Turkish Crisis: Another Step Toward Free Market Authoritarianism'. Iktisat, (vol. 4), pp 52-58.

Lapavitsas, Costas (2000) 'On Marx's Analysis of Money Hoarding in the Turnover of Capital'. Review of Political Economy, (12) 4, pp 219-235.

Lapavitsas, Costas and Saad-Filho, A (2000) 'The Supply of Credit Money and Capital Accumulation: A Critical View of Post-Keynesianism'. Research in Political Economy, (vol. 1), pp 309-333.

Lapavitsas, Costas (2000) 'Money and the Analysis of Capitalism: The Significance of Commodity Money'. Review of Radical Political Economics, (32) 4, pp 631-656.

Fine, Ben and Lapavitsas, Costas (2000) 'Markets and Money in Social Theory: What Role for Economics?'. Economy and Society, (29) 3, pp 357-382.

Saad Filho, Alfredo and Lapavitsas, Costas (2000) 'The Supply of Credit Money and Capital Accumulation: A Critical View of Post Keynesian Analysis'. Research in Political Economy, (18), pp 309-334.

Fine, Ben and Lapavitsas, Costas and Milonakis, D. (1999) 'Addressing the World Economy: Two Steps Back'. Capital and Class, (23) 1, pp 47-90.

Lapavitsas, Costas (1997) 'The Political Economy of the Central Banks:Agents of Stability or Source of Instability?'. International Papers in Political Economy, (4 (No), pp 1-52.

Lapavitsas, Costas (1997) 'Two Approaches to the Concept of Interest-Bearing Capital'. International Journal of Political Economy, (27 No.), pp 85-106.

Lapavitsas, Costas (1996) 'The Classical Adjustment Mechanism of International Balances: Marx''s Critique'. Contibutions to Political Economy (Annual Supplement to the Cambridge Journal of Economics), (No. 15), pp 63-79.

Edited Books or Journals

Lapavitsas, Costas, (ed.), (2016) Marxist Monetary Theory: Collected Papers of Costas Lapavitsas. Leiden: Brill. (Historical Materialism Book Series; 134).

Lapavitsas, Costas, (ed.), (2012) Financialisation in Crisis. Leiden; Boston: Brill. (Historical Materialism Book Series).

Lapavitsas, Costas, (ed.), (2011) Fragile Capitalism: Macedonia during the Late Ottoman Period [In Greek]. Athens: Novoli Press.

Fine, Ben and Lapavitsas, Costas and Pincus, Jonathan, (eds.), (2001) Development policy in the 21st century: beyond the post-Washington consensus. London: Routledge.

Book Chapters

Lapavitsas, Costas (2017) 'Money'. In: Brennan, David M. and Kristjanson-Gural, David and Mulder, Catherine P., (eds.), Routledge Handbook of Marxian Economics. Abingdon; New York: Routledge.

Lapavitsas, Costas (2015) 'Confronting the Failure of the European Monetary Union'. In: Jäger, J. and Springler, E., (eds.), Asymmetric Crisis in Europe and Possible Futures : Critical Political Economy and Post-Keynesian Perspectives. Abingdon; New York: Routledge, pp 131-147.

Lapavitsas, Costas (2014) 'Die (Im)Materialität der Ökonomie [The (Im)materiality of the Economy]'. Macht des Materials/Politik der Materialität. Zürich-Berlin: Diaphanes, pp 199-207.

Lapavitsas, Costas (2013) 'The Eurozone Crisis through the Prism of World Money'. In: Wolfson, M. and Epstein, J., (eds.), The Handbook of the Political Economy of Financial Crises. Oxford; New York: Oxford University Press, pp 378-394.

Lapavitsas, Costas (2013) 'Financialisation and capitalist accumulation: A structural account of the crisis of 2007-9'. In: Yagi, K. and Yokokawa, N. and Hagiwara, S. and Dymski, G., (eds.), Crises of Global Economies and the Future of Capitalism. Abingdon; New York: Routledge, pp 55-74.

Lapavitsas, Costas (2012) 'Introduciton: A Crisis of Financialisation'. In: Lapavitsas, Costas, (ed.), Financialisation in Crisis. Leiden; Boston: Brill, pp 1-12.

Lapavitsas, Costas (2012) 'Financialised Capitalism: Crisis and Financial Expropriation'. In: Lapavitsas, Costas, (ed.), Financialisation in Crisis. Leiden; Boston: Brill, pp 15-50.

Lapavitsas, Costas (2011) 'Industrial Development and Social Transformation in the Ottoman Empire'. In: Lapavitsas, Costas, (ed.), Fragile Capitalism: Macedonia during the Late Ottoman Period [In Greek]. Athens: Novoli Press, pp 21-76.

Lapavitsas, Costas (2003) 'Money as Money and Money as Capital in a Capitalist Economy'. In: Saad-Filho, A, (ed.), Anti-Capitalism: A Marxist Guide. London: Pluto Press, pp 59-72.

Lapavitsas, Costas (2001) 'Neither the Washington nor the Post-Washington Consensus: Development at the Crossroads'. In: Lapavitstas, C. and Fine, B. and Pincus, J., (eds.), Development policy in the 21st century: beyond the post-Washington consensus. London: Routledge.

Lapavitsas, Costas and Aybar, S. (2001) 'Financial System Design and the Post-Washington Consensus'. In: Lapavitstas, C. and Fine, B. and Pincus, J., (eds.), Neither the Washington nor the Post-Washington Consensus: Development at the Crossroads. London: Routledge, pp 28-51.

Lapavitsas, Costas (2001) 'The Political Economy of the Central Banks:Agents of Stability or Source of Instability?'. In: Arestis, P and Sawyer, M, (eds.), Money, Finance and Capitalist Development. London: Edward Elgar, pp 179-219.

Monographs and Working Papers

Lapavitsas, Costas (2004) Social origins of Ottoman industrialisation: Evidence from the Macedonian town of Naoussa. London, UK: School of Oriental and African Studies.

Lapavitsas, Costas (2003) Money as a 'Universal equivalent' and its origin in commodity exchange. London, UK: School of Oriental and African Studies.

Lapavitsas, Costas (2002) Banks and the Design of the Financial System: Underpinnings in Steuart, Smith and Hilferding. London, UK: School of Oriental and African Studies.

 

This list was last generated on Monday, 21st May 2018, 23:29 Europe/London.