The outbreak of COVID-19 and the wide-ranging measures needed to slow its advance triggered an unprecedented collapse in oil demand, a surge in oil inventories, and a record one-month decline in oil prices in March 2020. This paper examines the likely implications of the 2020 oil price plunge...

1 The Ecstatic of the Excess in Bataille, Baudrillard, and Marx -- 2 Overaccumulation and Crisis -- 3 The Hypertrophy of the Excess: Speculative Capital and Derivatives -- 4 The Transformation of the Shareholder Concept and the New Asset Managers -- 5 Financial Capital. Leverage Power and...