The Violence Of Financial Capitalism
Publisher: Semiotext(e)
Published: 2011
Language: eng
Number of pages: 112
ISBN-13: 9781584351023
Description: Christian Marazzi argues that financialization is not an unproductive/parasitic deviation of growing rates of surplus-value and collective saving, but rather a form of capital accumulation, symmetrical to the new processes of social and cognitive production of value. Today's financial crisis can be understood as an important component of capital accumulation rather than the implosive result of a lack of economic expansion.