“A brilliant contribution to present-day discussions on Marx’s value theory, money, capital and finance, highlighting … the cardinal regulatory role of the financial sphere in capitalism. Achim Szepanski, following Marx’s analyses, takes … finance seriously. He shows that ‘financialization’ is not a deviation from some ‘good’ industrial capitalism, or a new …

This paper develops a model of the Chinese economy using a DSGE framework that accommodates a banking sector and money … the crisis were international and that domestic banking shocks were unimportant. Officially mandated bank lending and …