![]() They always were from the beginnings of industrial capitalism, but it is even more the case now. Norfield emphasises that finance and production in 21 st century capitalism are inseparable – “they are close partners in exploitation”. In The City, Norfield brings some key insights into understanding the nature of modern financial systems and what role they play in the working (or non-working) of capitalism. It’s a perfect recipe for an excellent book on modern British imperialism and the features of global finance in the 21 st century. He went on to complete a PhD in economics at SOAS, London. Tony Norfield has had 20 years experience in City of London financial dealing rooms, for ten years as an executive director and global head of FX strategy in a major European bank. ![]() A review of The City – London and the global power of finance, by Tony Norfield, published by Verso Books
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