General seminar arrangements in 2025

  • WISER's TRUST seminar is hosted on-line every Wednesday afternoon at 16:00 - 17:00 SA during the teaching semester | For information about WISER's PLANT LIVES seminar, please follow this link.
  • Please register on Zoom in advance of the meeting on this link.
  • Participants must should please read the paper prior to the seminar, which is typically available by the Friday preceding the seminar.

Revolutionary mathematics : risk, class and the financial overthrow of mining capitalism

Monday, 28 February, 2022 - 16:00

Presented by : 

Keith
Breckenridge

This paper is an attempt to account for the ascendancy of finance in the South African economy, and the collapse of gold mining.   It emphasises the contest between the derivatives markets that were nurtured by the Black-Scholes-Merton formula, and the Bretton Woods gold standard, both of which sought to eliminate financial risk. The focus in this paper is the recent rise of interest rate swaps and the 1968 gold bullion crisis.  There is much more that needs to be said and I will discuss some of it in the presentation. 

Please register here for the Zoom session in advance of the meeting:  https://wits-za.zoom.us/meeting/register/tJckd-ytrzwiEtHogJsRMtAP8ZsyGZp...