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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...
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Lax monetary policy in the United States has been pointed out as one of the responsible factors behind the recent global crisis. Similar loose monetary conditions also prevailed in many European countries before the crisis and were argued to be among the accommodating factors behind the run-up...
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The root cause behind the Chinese economy's slowing down in 2012 lies in a "one-size-fits-all" approach to macroeconomic management. This approach must be abandoned if domestic demand is to be effectively boosted. A superior approach would involve the introduction of policies tailored to the...
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This paper explains the emergence of financialisation of nonfinancial corporations (NFCs) in the USA by way of the …
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