A Political Economy of Contemporary Capitalism and its Crisis - Demystifying finance

Cover Title Copyright Contents List of illustrations Acknowledgments Introduction PART I The long tradition of finance as a counter-productive activity in heterodox thinking: a Marxian appraisal 1 The parasitic absentee owner in the Keynes–Veblen–Proudhon tradition 2 Ricardian Marxism and finance as unproductive activity 3 Is finance productive or “parasitic?” PART II Financial innovation, money, and capitalist exploitation: a short detour in the history of economic ideas 4 Derivatives as money? 5 Finance, discipline, and social behavior: tracing the terms of a problem that was never properly stated PART III Rethinking finance: a Marxian analytical framework 6 Episodes in finance 7 Fictitious capital and finance: an introduction to Marx’s analysis (in the third volume of Capital) 8 Financialization as a technology of power: incorporating risk into the Marxian framework PART IV The crisis of the Euro area 9 Towards a political economy of monetary unions: revisiting the crisis of the Euro area 10 European governance and its contradictions Conclusion: a theoretical and political project for the future Notes References Index