We present a Marxian theory of the capitalist production of knowledge and of financialization as two processes subsumed under the principle of autonomization of capital. Our approach consists of three tasks. The first is to develop the principle of autonomization. The second is to show how...

Capitalism has undergone drastic transformations over the last thirty years. Among critics, theses about the financial nature of the process of accumulation have been prominent. One of these is the theory by French economist Francois Chesnais (1998, 2005) whose main proposition is that, as of...