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Finance capital today : corporations and banks in the lasting global slump /

Finance Capital Today' presents a rich new analysis of the specific features of contemporary capitalism, notably its truly global nature and its financialisation, calling on Marxist analyses of the concentration, centralisation and globalisation of capital and Marx's theory of interest-bea...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Chesnais, Francois (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Leiden ; Boston : Brill, [2016]
Colección:Historical materialism book series ; 131.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Acknowledgements; List of Figures, Tables, and Boxes; Introduction; No End to Crisis in View; Finance Capital and Financial Capital; The World Economy as an Analytical Aim; From the Theory of the Internationalisation of Industrial Capital to the Theory of Financial Globalisation; Financialisation as Discussed in this Book; No 'Diversion of Profits' but the Accumulation of Fictitious Capital; The 'Crisis in the Sphere of Credit and Money' in 2008; Chapter 1 The Historical Setting of the Crisis and Its Original Traits; 1 The Crisis in a Long-Term Trajectory.
  • 2 A Crisis Which Has Not Been Allowed to Run Its CourseChapter 2 Financial Liberalisation and Globalisation from the 1960s onwards and the Return of Financial Crises; 1 Industrial Profits and the Eurodollar Market in the Resurgence of Concentrated Interest-bearing Capital; 2 The End of the Bretton Woods Monetary System and the Advent of Floating Exchange Rates; 3 The Recycling of Petrodollars and the Third World Debt Trap; 4 The Growth of Government Debt at the Heart of the System; 5 The Political Implications of Market-based Retirement Schemes; 6 World Money Since the Demise of Bretton Woods.
  • 7 The 'Semi-completion' of Financial Globalisation and the Financial Crises of the 1990sAppendix: The 'Club of Paris' and Brady Bonds; Chapter 3 The Notion of Interest-Bearing Capital in the Setting of the Present Centralisation and Concentration of Capital; 1 Steps in Approaching the Analysis of Financial Profits; 2 Interest-bearing Capital: Exteriority to Production and the Blurring of Lines between Profit and Interest; 3 The Theory of Fictitious Capital; Appendix 1: The Centralisation and Concentration of Capital in Marxist Theory.
  • Chapter 4 The Organisational Embodiments of Finance Capital and the Intra-Corporate Division of Surplus Value1 A Brief Historical Perspective on the Bank-Industry Relationship; 2 Contemporary Issues Regarding Corporate Governance and Interlocking Boards of Directors; 3 Banks as Merchants and TNCs as Money Capitalists; 4 Concentrated Commodity or Merchant Capital and the Sharing Out of Total Surplus Value; 5 Natural Resource-based Monopoly Profit and Oil Rent; Appendix 1: Control in the ETH Zurich Studies; Appendix 2: The Three Major New York Investment Banks' Activities in Commodities.
  • Appendix 3: Three Examples of Industrial Corporation Ownership of Financial CorporationsChapter 5 The Internationalisation of Productive Capital and Global Oligopolies; 1 The Internationalisation of Productive Capital: Theory and History; 2 The Collective Global Monopoly Power of Transnational Corporations; 3 The Place of Emerging Countries' Corporations in the Global Oligopoly; Appendix: Recent Developments Affecting the Statistical Data on FDI; Chapter 6 The Operational Modes of TNCs in the 2000s; 1 Industrial Capital: From Internationalisation to Globalisation.