Repeating it ad infinitum they have given this assertion the advantage of familiarity. This subterfuge has helped the virtual manufacture of proposition 1. This perception and false impression has a desirable effect. It has rubbed some of the glitter and sanctity of new technology on finance capital. This is the myth.
Reality is different.
Let us now look at the reality. The facts are quite the opposite. There has been a continuous growth, and internationalization, in finance capital. The transactions in the foreign exchange in the various stock markets in the world is more than 50 times that of trade in goods and services. Finance capital is reflected in the stock market transactions.