Blog post

Watch: Brett Christophers on Our Lives in Their Portfolios

We sat down with Brett Christophers to discuss what happens when the basic infrastructure of our everyday lives (housing, roads, schools, water networks, etc.) become assets in the portfolios of asset management firms.

Verso Books28 April 2023

Watch: Brett Christophers on Our Lives in Their Portfolios

As the owners of more and more of the basic building blocks of everyday life, asset managers shape the lives of each and every one of us in profound and disturbing ways. In this eye-opening follow-up to Rentier Capitalism, Brett Christophers peels back the veil on "asset manager society."

Asset managers, he shows, are unlike traditional owners of housing and other essential infrastructure. Buying and selling these life-supporting assets at a dizzying pace, the crux of their business model is not long-term investment and careful custodianship but making quick profits for themselves and the investors that back them.

Please enjoy these clips from our conversation with Brett Christophers on Our Lives in Their Portfolios:

[book-strip index="1"]

Books by Brett Christophers:

[book-strip index="2"]

Our Lives in Their Portfolios
Banks have taken a backseat since the global financial crisis over a decade ago. Today, our new financial masters are asset managers, like Blackstone and BlackRock. And they don't just own financia...
Our Lives in Their Portfolios
Banks have taken a backseat since the global financial crisis over a decade ago. Today, our new financial masters are asset managers, like Blackstone and BlackRock. And they don't just own financia...
Rentier Capitalism
In this landmark book, the author of The New Enclosure provides a forensic examination and sweeping critique of early-twenty-first-century capitalism. Brett Christophers styles this as ‘rentier cap...
The New Enclosure
Much has been written about Britain’s trailblazing post-1970s privatization program, but the biggest privatization of them all has until now escaped scrutiny: the privatization of land. Since Marga...
Paperback

Filed under: author-interview, brett-christophers