"Capitalism - once a great engine of human progress - has lost its moral compass, lost public trust and is urgently in need of repair. This has become a familiar refrain since the global economic downturn and has worsened through the pandemic. The young of today tend to regard wealth and its...

In his brilliant interdisciplinary analysis of the global financial crisis, Joseph Vogl aims to demystify finance capitalism-with its bewildering array of new instruments-by tracing the historical stages through which the financial market achieved its current autonomy. Classical and neoclassical...