Giorgos Gouzoulis

@ggouzoulis.bsky.social

Assoc Prof | Author, 𝘿𝙚𝙗𝙩 𝙖𝙣𝙙 𝙩𝙝𝙚 𝙁𝙪𝙩𝙪𝙧𝙚 𝙤𝙛 𝙒𝙤𝙧𝙠𝙚𝙧𝙨 (@brisunipress.bsky.social, 2026)

Just to note how stupid this system is...we just learned that 15 days ago, the Dept of Education awarded a brief contract to consulting firm Accenture to oversee sending emails to student debtors. It's a $350M contract. So it costs more to *service* the debt than to cancel it.

Our 2026-27 Department Seminar Series kicks off next Wednesday, September 16 at 11:15am with Giorgos Gouzoulis (Queen Mary University of London). Giorgos is presenting "Debt and the Future of Workers: Financialization as Exploiation in the 21st Century". See below for details.

Giorgos Gouzoulis
Associate Professor in Human Resource Management
Queen Mary Business School, University of London
FALL 2026 
Economics Seminar Series
UMass Boston

WEDNESDAY 
SEPTEMBER 16th, 2026 
11:15AM-12:45PM 
WHEATLEY-PETERS HALL 5TH
FLOOR ROOM 041

"Debt and the Future of  Workers: Financialization as Exploiation in the 21st Century" 

Giorgos Gouzoulis is an Associate Professor in Human Resource Management in the 
Department of People & Organisations in the School of Business & Management. His research focuses on industrial relations and issues around employee compensation, wage inequality, underemployment, union membership, and strike activity. He is the author of Debt and the Future of Workers: Financialization as Exploitation in the 21st Century.

For more information about this event contact 
the Economics Department at Economics@umb.edu

The US government wrote off almost all the money it lent businesses during the pandemic. Now it’s wrecking credit scores and threatening to garnish paychecks to collect student loans. Debt can be forgiven easily enough — just not for the working class.

The American Plutocracy Wants Workers Trapped in Debt

The US government wrote off almost all the money it lent businesses during the pandemic. Now it’s wrecking credit scores and threatening to garnish paychecks to collect student loans. Debt can be forgiven easily enough — just not for the working class.

jacobin.com

Walmart spent $43.4B on stock buybacks from 2019 to 2025, enough to give each of its 2.1M workers annual bonuses of $2,953. Last year, retiring CEO Doug McMillon pocketed $29.2M — his largest payday ever and 958x Walmart's median worker pay of $30,520. Textbook corporate greed.

What happens when a DSA politician takes charge of the largest city in the United States? Zohran Mamdani’s early record is filled with successes, but also evidence of the contradictions between socialist politics and governing the capitalist state.

Zohran Mamdani and the Contradiction of Democratic Socialism

What happens when a DSA politician takes charge of the largest city in the United States? Zohran Mamdani’s early record is filled with successes, but also evidence of the contradictions between socialist politics and governing the capitalist state.

jacobin.com

There’s a word to describe this phenomenon: financialization. “Instead of fostering long-term investment, productive work, and better goods and services that can provide all of us with better lives, a financialized economy rewards extraction, speculation, and short-term gains.”

Infographic stating “Finance is bigger, more profitable, but less efficient,” with a bar chart showing finance’s share of GDP rising from 2.8% (1950) to 4.9% (1980) to 7.3% (2014). Two pie charts show finance’s share of corporate profits increasing from 10–20% (1950–1980) to 20–30% (1980–now). Caption notes that the efficiency of finance is about where it was in 1900.
Aaron Rupar@atrupar.com · 6mo ago

Trump downplays concerns about federal officials using insider information to enrich themselves on prediction markets, saying "the whole world unfortunately has become something of a casino"