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Fictitious Capital: How Finance Is Appropriating Our Future
Cédric Durand
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Description for Fictitious Capital: How Finance Is Appropriating Our Future
Paperback. How finance is a mechanism of social and political domination. Num Pages: 176 pages. BIC Classification: JPH; KCP; KCX. Category: (G) General (US: Trade). Dimension: 210 x 140. Weight in Grams: 367.
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 ... Read more
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 ... Read more
Product Details
Publisher
Verso Books
Format
Paperback
Publication date
2017
Condition
New
Weight
367g
Number of Pages
176
Place of Publication
London, United Kingdom
ISBN
9781784787196
SKU
V9781784787196
Shipping Time
Usually ships in 4 to 8 working days
Ref
99-1
About Cédric Durand
Cédric Durand teaches economics and development theories at the University of Paris 13 and the EHESS. Working within the tradition of Marxist and French Regulationist political economy, he is the author of several articles on the Euro-crisis, the financialization-globalization nexus and the post-Soviet transformation. He is a member of the editorial board of the radical online journal ContreTemps.
Reviews for Fictitious Capital: How Finance Is Appropriating Our Future
Cédric Durand is among the most promising of young French university economists today. We awaited the publication of his new book with bated breath. It was worth the wait. Fictitious Capital is an important intervention which tries to make sense of the excesses of capitalism over the last forty years and of the development of finance.
Jacques Sapir Durand ... Read more
Jacques Sapir Durand ... Read more