The Violence Of Financial Capitalism

The Violence Of Financial Capitalism

by Jason Francis MC Gimsey

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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.

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