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Financial Speculation and Fictitious Profits: A Marxist Analysis

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This book provides an original account of financialisation and outlines the creation of *fictitious profits* as a basis to describe the present phase of capitalist accumulation in the neoliberal era. Making innovative theoretical elaborations on Marx’s notion of fictitious capital, *Financial Speculation and Fictitious Profits* offers a dialectic analysis of the increasing financialization during this crisis-ridden period based on the original concepts of fictitious profit and fictitious wealth. Combining the most important research from over twenty years of scholarly inquiry with groundbreaking new studies, *Financial Speculation and Fictitious Profits* is more than a collection of texts by political economists on a contemporary topic; it is a synthesis of an intense process of academic production that began with work of Karl Marx and has resulted in the formulation of a differentiated interpretative perspective on the contemporary evolution of capitalist crisis.

Author

Gustavo Moura de Cavalcanti Mello, Mauricio de Souza Sabadini

Book Series

Marx, Engels, and Marxisms

Format

Ebook

ISBN

9783030233594

Language

English

Pages

435

Publication Date

09-26-2019

Publisher

Palgrave Macmillan

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