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Picture  of Dimitrios Sotiropoulos

Professor Dimitrios Sotiropoulos

Associate Dean Research And Innovation

The Open University Business School

dimitris.sotiropoulos@open.ac.uk

Biography

Professional biography

I am currently the Associate Dean for Research, Enterprise, and Scholarship and Professor in Finance and Financial History at the Faculty of Business and Law of the Open University in the UK. My previous roles include leading the REF2021 submission for the Open University Business School.

Research interests

My research intersects political economy, economic/financial history, and the history of economic/financial ideas. I have been contributing to the understanding of finance as a social process, advancing debates about the financialization of contemporary societies. I believe that it is not possible to grasp the nature of capitalist societies without having a long-term historical perspective. The main insights of my work draw upon critical political economy and the French radical philosophical tradition of the 1960s and 1970s. 

You can find detailed information about my research in this link.

Teaching interests

During my time at the OU, I have made substantial contributions to teaching and learning through the development, delivery, and improvement of a wide range of modules, including Introduction to Corporate Finance, Research Methods for Finance, and Management Accounting and International Finance. In the past I have led undergraduate and postgraduate modules in Financial Risk Management, Financial Econometrics, International Political Economy, Political Economy of Fiannce, and History of Economic Thought.

Publications

Book

A Political Economy of Contemporary Capitalism and Its Crisis: Demystifying Finance (2013)

Ιμπεριαλισμός, χρηματοπιστωτικές αγορές, κρίση [Imperialism, Financial Markets and Crisis] (2011)

Rethinking Imperialism: A Study of Capitalist Rule (2009)

Book Chapter

British Investment Trusts 1868 to 1928: Portfolio Diversification and the Beginnings of Institutional Investment (2022)

Financialization in Heterodox Economics (2020)

Addressing the rationality of 'irrational' European responses to the crisis: a political economy of the Euro Area and the need for a progressive alternative (2015)

Revisiting the 1992-93 EMS crisis in the context of international political economy (2014)

Revisiting the socialist calculation debate: the role of finance in Hayek's Response to Lange's Challenge (2013)

Demystifying finance: how to understand financialization and think of strategies for a good society (2012)

Digital Artefact

Rebalancing the Euro Area: The Costs of Internal Devaluation (2012)

Journal Article

UK investment trusts and the Baring crisis (2025)

Fund management in the interwar period: UK investment trust portfolio asset allocation in the 1920s (2023)

Individual investors and social ownership structures in the UK before the 1930s: Joint holdings and trustee investment (2023)

Risk taking in the context of financial advice: does gender interaction matter? (2023)

U.K. investment trust valuation and investor behavior, 1880-1929 (2022)

How gender, marital status, and gender norms affect savings goals (2022)

The rise of professional asset management: The UK investment trust network before World War I (2021)

UK investment trust portfolio strategies before the First World War (2020)

Financial diversification strategies before World War I: Buy-and-hold versus naïve portfolio selection (2019)

Individual Investors and Portfolio Diversification in Late Victorian Britain: How Diversified Were Victorian Financial Portfolios? (2018)

Individual investors and local bias in the UK: 1870-1935 (2017)

The Rise of the Small Investor in the US and the UK, 1895 to 1970 (2017)

Putting all their eggs in one basket? Portfolio diversification 1870 to 1902 (2016)

Financial diversification before modern portfolio theory: UK financial advice documents in the late nineteenth and the beginning of the twentieth century (2016)

Hilferding on derivatives (2015)

Financialization and Marx: some reflections on Bryan’s, Martin’s and Rafferty’s argumentation (2014)

Europe in Crisis: Introduction (2014)

Rebalancing the Euro area: the costs of internal devaluation (2014)

Eurozone: die Krise als Chance für die kapitalistische Offensive (2013)

Watching the crisis of eurozone from the European ‘periphery:’ causes and developments (2013)

Kalecki’s dilemma: towards a Marxian interpretation of neoliberal financialization (2011)

Crisis of Greece or crisis of the euro? A view from the European ‘periphery’ (2010)

Marxsche Theorie und Imperialimus (2010)

Why did scarcity triumph over technology in Ricardo’s thinking? (2010)

On the character of the current economic crisis (2009)

Why John Stuart Mill should not be enlisted among neoclassical economists (2009)

John Stuart Mill and Wicksell’s cumulative process (2008)

Trade unions and the wages fund theory: on the significance of Mill’s recantation and some notes on Marx’s theoretical intervention (2008)

Tugan-Baranowsky and effective demand (2007)

Presentation / Conference

The costs of internal devaluation in the EA (2013)

Addressing the rationality of ‘irrational’ European responses to the crisis: a political economy of the Euro area and the need for an alternative framework for economic policy (2013)

Automated high frequency trading in the light of the history of economic thought: pushing Marx, Veblen and Keynes to their limits (2013)

The fundamental problem of the Euro zone and an alternative (Marxian) approach to European economic policy context (2012)

Hilferding on speculation and derivatives (2012)

Working Paper

An Outline of a Progressive Resolution to the Euro-area Sovereign Debt Overhang: How a Five year Suspension of the Debt Burden Could Overthrow Austerity (2014)

Performativity and Financial Markets: Option Pricing in the Late 19th Century (2014)