ABSTRACT
A fundamental revision of the way economic life is popularly understood is well overdue. While the theoretical basis for this revision has been around for many years, and grown in stature and coherence over the last twenty years, public debates around the GFC still remain wedded to older inadequate ways of thinking. The social and political trauma of the GFC does, however, create an opportunity to push this revision forward. So in this short chapter an attempt will be made to summarize and assess what a new approach could add to an understanding of global finance.
