Fictitious Capital

Fictitious Capital

How Finance Is Appropriating Our Future

Book - 2017
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"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."-- Amazon.com
Publisher: London ;, Brooklyn, NY :, Verso,, 2017.
Edition: English-language edition.
ISBN: 9781784787196
1784787191
Characteristics: xii, 164 pages : illustrations ; 21 cm
Contents: Introduction: the sign of autumn
Beyond greed
Financial instability
Fictitious capital: the genealogy of a concept
The contemporary rise of fictitious capital
Financial accumulation
Where do financial profits come from?
Finance in service of the metamorphoses of capital
The enigma of profits without accumulation
Epilogue.
Summary: "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."-- Amazon.com

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