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    Fictitious Capital: How Finance Is Appropriating Our Future

    Beschreibung Fictitious Capital: How Finance Is Appropriating Our Future. The 2007–08 credit crisis and the long recession that followed brutally exposed the economic and social costs of financialization. Understanding what lay behind these events, the rise of “fictitious capital” and its opaque logic, is crucial to grasping the social and political conditions under which we live. Yet, for most people, the operations of the financial system remain shrouded in mystery. In this lucid and compelling book, economist Cédric Durand offers a concise and critical introduction to the world of finance, unveiling the truth behind the credit crunch. Fictitious Capital moves beyond moralizing tales about greedy bankers, short-sighted experts and compromised regulators to look at the big picture. Using comparative data covering the last four decades, Durand examines the relationship between trends such as the rise in private and public debt and the proliferation of financial products; norms such as our habitual assumptions about the production of value and financial stability; and the relationship of all this to political power. Fictitious Capital offers a stark warning about the direction that the international economy is taking. Durand argues that the accelerated expansion of financial operations is a sign of the declining power of the economies of the Global North. The City, Wall Street and other centres of the power of money, he suggests, may already be caked with the frosts of winter.



    Buch Fictitious Capital: How Finance Is Appropriating Our Future PDF ePub

    Fictitious Capital - Verso ~ “Fictitious Capital: How Finance is Appropriating Our Future by Cédric Durand is a fascinating and extremely informative exploration of the destructive role of finance in our contemporary political economy. Filled with brilliant insights and an impressive historical and theoretical reach, Durand explains and utilizes Marx's concept of "fictitious capital" to illuminate the inner workings of contemporary global capitalism and to pierce the murky veil that mainstream economics and neo .

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    Fictitious capital: how finance is appropriating our ~ Buch Fictitious capital: how finance is appropriating our future (2017) Durand, Cédric; Broder, David. Bestellen über Zugriff (via POLLUX)

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    Fictitious Capital: How Finance Is Appropriating Our Future ~ Fictitious capital is an incarnation of that capital which tends to free itself from the process of valorisation-through-production. According to the Marxist approach, capital is fictitious to the extent that it circulates without production yet having been realised, representing a claim on a future real valorisation process.

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    Fictitious Capital: How Finance Is Appropriating Our ~ Fictitious Capital: How Finance Is Appropriating Our Future free ebook How finance is a mechanism of social and political domination The 2007–08 credit crisis and the long recession that followed brutally exposed the economic and social costs of financialization. Understanding what lay behind these events, the rise of "fictitious capital" and its opaque logic, is crucial to gr. Read More .

    Fictitious Capital: How Finance Is Appropriating Our ~ “Fictitious Capital is a fascinating and extremely informative exploration of the destructive role of finance in our contemporary political economy. Filled with brilliant insights and an impressive historical and theoretical reach, Durand explains and utilizes Marx's concept of ‘fictitious capital’ to illuminate the inner workings of contemporary global capitalism and to pierce the murky .

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    Fictitious Capital by Cédric Durand: 9781784787196 ~ “Fictitious Capital is a fascinating and extremely informative exploration of the destructive role of finance in our contemporary political economy. Filled with brilliant insights and an impressive historical and theoretical reach, Durand explains and utilizes Marx’s concept of ‘fictitious capital’ to illuminate the inner workings of contemporary global capitalism and to pierce the murky veil that mainstream economics and neo-liberal thought has long used to hide and distort the .

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    Fictitious Capital: How Finance Is Appropriating Our ~ 'Fictitious Capital: How Finance is Appropriating Our Future by Cédric Durand is a fascinating and extremely informative exploration of the destructive role of finance in our contemporary political economy. Filled with brilliant insights and an impressive historical and theoretical reach, Durand explains and utilises Marx's concept of 'fictitious capital' to illuminate the inner workings of contemporary global capitalism and to pierce the murky veil that mainstream economics and .

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    Fictitious Capital: How Finance Is Appropriating Our ~ Free Download Fictitious Capital: How Finance Is Appropriating Our Future PDF Book The —08 credit crisis and the long recession that followed brutally exposed the economic and social costs of financialization. Yet, for most people, the operations of the financial system remain shrouded in mystery. Fictitious Capital moves beyond moralizing tales about greedy bankers, short-sighted experts .

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