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Within the framework of Marxist political economy, financialization is understood through the prisms of logical … underpinned the period of neoliberalism, including the global crisis. Financialization is seen as the expansion of interest … capital. An appendix draws out the differences between the approach taken herein and the approach on financialization taken by …
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production. It explores, after this theoretical analysis, the evolution of financialization of the economies as development of …
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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...
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finance seriously. He shows that ‘financialization’ is not a deviation from some ‘good’ industrial capitalism, or a new …
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