Description: Further DetailsTitle: Fictitious CapitalCondition: NewEAN: 9781784787196ISBN: 9781784787196Publisher: Verso BooksFormat: PaperbackRelease Date: 05/02/2017Item Height: 210mmItem Length: 140mmItem Weight: 228gLanguage: EnglishSubtitle: How Finance Is Appropriating Our FutureISBN-10: 1784787191Description: The 2007-08 credit crisis and the long recession that followed brutally exposed the economic and social costs of financialization. Understanding what lay behind these events, the rise of "fictitious capital" and its opaque logic, is crucial to grasping the social and political conditions under which we live. Yet, for most people, the operations of the financial system remain shrouded in mystery.In this lucid and compelling book, economist Cédric Durand offers a concise and critical introduction to the world of finance, unveiling the truth behind the credit crunch. Fictitious Capital moves beyond moralizing tales about greedy bankers, short-sighted experts and compromised regulators to look at the big picture. Using comparative data covering the last four decades, Durand examines the relationship between trends such as the rise in private and public debt and the proliferation of financial products; norms such as our habitual assumptions about the production of value and financial stability; and the relationship of all this to political power.Fictitious Capital offers a stark warning about the direction that the international economy is taking. Durand argues that the accelerated expansion of financial operations is a sign of the declining power of the economies of the Global North. The City, Wall Street and other centres of the power of money, he suggests, may already be caked with the frosts of winter.Country/Region of Manufacture: GBItem Width: 15mmAuthor: Cédric DurandTranslator: David BroderContributor: David Broder (Translated by)Genre: Law & PoliticsTopic: Business & FinanceRelease Year: 2017 Missing Information?Please contact us if any details are missing and where possible we will add the information to our listing.
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Publication Name: Fictitious Capital
Title: Fictitious Capital
EAN: 9781784787196
ISBN: 9781784787196
Release Date: 05/02/2017
Release Year: 2017
Subtitle: How Finance Is Appropriating Our Future
ISBN-10: 1784787191
Country/Region of Manufacture: GB
Translator: David Broder
Contributor: David Broder (Translated by)
Book Title: Fictitious Capital : How Finance Is Appropriating Our Future
Number of Pages: 176 Pages
Language: English
Publisher: Verso Books
Topic: Political Economy, Finance / General, Public Policy / Economic Policy, Economics / Theory
Publication Year: 2017
Item Height: 0.6 in
Illustrator: Yes
Genre: Political Science, Business & Economics
Item Weight: 8.3 Oz
Author: Cédric Durand
Item Length: 8.3 in
Item Width: 5.5 in
Format: Trade Paperback
