Beyond the systemic crisis and capital-led chaos : theoretical and applied studies

Resource Information

The work Beyond the systemic crisis and capital-led chaos : theoretical and applied studies represents a distinct intellectual or artistic creation found in European University Institute. This resource is a combination of several types including: Work, Language Material, Books.

Label

Beyond the systemic crisis and capital-led chaos : theoretical and applied studies

Title remainder

theoretical and applied studies

Statement of responsibility

Rémy Herrera, Wim Dierckxsens & Paulo Nakatani (eds.)

Creator

• Herrera, Rémy

Contributor

• Nakatani, Paulo
• Dierckxsens, Wim

Editor

• Herrera, Rémy
• Nakatani, Paulo
• Dierckxsens, Wim

Subject

• Capital
• Capitalism
• Infrastructure (Economics)

Language

eng

Summary

The current crisis is the expression of the struggle of a dominant fictitious capital over real capital to redistribute the global mass of wealth. It is translated into an expansion of assets in financial markets sustained by an inverted pyramid of credits without being backed by a major growth of the real economy, which is increasingly global in scope. The conversion of fictitious capital into real capital is a geopolitical item to understand acquisitions of land in the South to produce agro-fuels, for example. Conversion from fictitious to real capital also happens, the other way round, when military expenditures are financed by more public debt, as is the case for the US today. Financial capital engages in a warlike strategy to establish a global order under its hegemony, without borders and citizens. Employment, social-economic security and political stability will be a worldwide problem. The greatest fear of the capital is that the Eurozone will become a part of the Euro-Asian Continental Bloc. This definitely means a possible military conflict of the US with Russia and China. This crisis is one of the Western civilization itself.--

Assigning source

Provided by Publisher

Cataloging source

YDXCP

Dewey number

332.041

Illustrations

illustrations

Index

no index present

Literary form

non fiction

Nature of contents

bibliography

Series statement

Business and Innovation

Series volume

9