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The book presents a groundbreaking theory of speculative capital, setting it apart from traditional Marxist views by differentiating it from credit and fictitious capital. It argues that speculative capital not only dominates capital markets but also shapes and regulates "real capital." Employing a Marxist methodology, the author integrates insights from contemporary Marxist and heterodox thinkers, providing an in-depth analysis of capital's logic and existence in the 21st century. This work aims to redefine our understanding of capital and its implications for the global economy.
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Financial Capital in the 21st Century, Achim Szepanski
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- 2022
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