Kees van der Pijl: Two Forms of Money Capital in the Current Crisis

The current crisis is called ‘financial’ because it originated in the volatile movement of high-risk financial instruments that since the 1980s have come to dominate the Western economies. Upon the collapse in 2007-08 of the house of cards created with ever-more flimsy paper titles, ‘financial crisis’ was therefore an appropriate term for what was happening. More

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