LEADER 03866nam 2200601 450 001 9910810237203321 005 20220105182049.0 010 $a90-04-25548-6 024 7 $a10.1163/9789004255487 035 $a(CKB)3710000000846658 035 $a(EBL)4715171 035 $a(PQKBManifestationID)16562108 035 $a(PQKBWorkID)15080981 035 $a(PQKB)25272642 035 $a(MiAaPQ)EBC4715171 035 $a(OCoLC)957077845$z(OCoLC)960720946$z(OCoLC)960833210$z(OCoLC)965431409 035 $a(nllekb)BRILL9789004255487 035 $a(PPN)251097773 035 $a(EXLCZ)993710000000846658 100 $a20161020h20162016 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aFinance capital today$b[e-book] $ecorporations and banks in the lasting global slump /$fby Francois Chesnais 210 1$aLeiden, [Netherlands] ;$aBoston, [Massachusetts] :$cBrill,$d2016. 210 4$dİ2016 215 $a1 online resource (322 p.) 225 1 $aHistorical Materialism Book Series,$x1570-1522 ; ;$vVolume 131 300 $aDescription based upon print version of record. 311 $a90-04-25547-8 320 $aIncludes bibliographical references and indexes. 327 $aPreliminary Material -- Introduction -- 1 The Historical Setting of the Crisis and Its Original Traits -- 2 Financial Liberalisation and Globalisation from the 1960s onwards and the Return of Financial Crises -- 3 The Notion of Interest-Bearing Capital in the Setting of Present Centralisation and Concentration of Capital -- 4 The Organisational Embodiments of Finance Capital and the Intra-Corporate Division of Surplus Value -- 5 The Internationalisation of Productive Capital and the Formation of Global Oligopolies -- 6 The Operational Modes of tncs in the 2000s -- 7 The Further Globalisation of Financial Assets and Markets and the Expansion of New Forms of Fictitious Capital -- 8 Financialisation and the Transformation of Banking and Credit -- 9 Global Financial Contagion and Systemic Crisis in 2008 -- 10 Global Endemic Financial Instability -- Conclusion -- References -- Glossary of Financial Terms -- Topic Index -- Index of Names. 330 $aFinance Capital Today is shortlisted for the The Isaac and Tamara Deutscher Memorial Prize 2017. Finance Capital Today presents a rich new analysis of the specific features of contemporary capitalism, notably its truly global nature and its financialisation, calling on Marxist analyses of the concentration, centralisation and globalisation of capital and Marx?s theory of interest-bearing and fictitious capital. Chesnais shows how financial globalisation and the exponential growth of financial assets have developed alongside the globalisation of productive capital, paying special attention to the contemporary operations of transnational corporations and global oligopoly. He argues that the macroeconomic perspective is one in which large amounts of capital are looking for profitable investment in a setting of underlying overproduction and low profits. The outcome will be low global growth, repeated financial shocks and the growing interconnection between the environmental and economic crises. 410 0$aHistorical materialism book series ;$vVolume 131. 606 $aInternational finance 606 $aFinancial institutions, International 606 $aCapitalism 606 $aFinancial crises 615 0$aInternational finance. 615 0$aFinancial institutions, International. 615 0$aCapitalism. 615 0$aFinancial crises. 676 $a332/.042 700 $aChesnais$b Franc?ois$0382310 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910810237203321 996 $aFinance capital today$94120326 997 $aUNINA