Contradictions of Finance Capital: Origins and Prospects
Capitalist News Interpreted /
26 Jan 2021
/

Most of us are aware that the great capitalists of today are no longer oil or steel barons, but bankers and stock market investors and speculators. These financial parasites manipulate instruments by using shadow banking, derivatives and stock options. How did all this start? What are the origins of finance capitalism? Are its methods of exploitation different from industrial capitalism? What are indicators of its limits? This article answers these questions and more.
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