Bichler, Shimshon; Nitzan, Jonathan - In: Real-World Economics Review (2015) 72, pp. 47-68
about a financial crisis, they don’t speak about it in isolation. They refer to finance not in and of itself, but in … relation to the so-called real capital stock. The recent crisis, they argue, happened not because of finance as such, but due … to a mismatch between financial and real capital. The world of finance, they complain, has deviated from and distorted …