Fictitious capital : how finance is appropriating our future

Resource Information

The work Fictitious capital : how finance is appropriating our future 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

Fictitious capital : how finance is appropriating our future

Title remainder

how finance is appropriating our future

Statement of responsibility

Cédric Durand ; translated by David Broder

Creator

• Durand, Cédric

Contributor

• Broder, David

Translator

• Broder, David

Subject

• Currency question
• Debt-to-equity ratio
• Money supply
• Wealth

Language

• eng
• fre
• eng

Summary

"The 2007-08 credit crisis and the long recession that followed brutally exposed the economic and social costs of financialization. ... 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.... 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."--

Member of

• Capital fictif

Assigning source

page [4] of cover

Cataloging source

DLC

Index

index present

Literary form

non fiction

Nature of contents

bibliography