IDEAS home Printed from https://ideas.repec.org/h/eme/rpeczz/s0161-723020230000039013.html
   My bibliography  Save this book chapter

Crisis and Fictitious Capital

In: Value, Money, Profit, and Capital Today

Author

Listed:
  • Rosa Maria Marques
  • Paulo Nakatani

Abstract

This text analyzes the relationship between crises and the dominance of interest-bearing capital, with particular emphasis on fictitious capital, which forms a striking feature of contemporary capitalist economies. It discusses how capitalist crises are commonly viewed and how we should understand them, on several dimensions of reality, based on a comprehensive reading of Marx. We follow with a reflection on the nature and characteristics of interest-bearing capital and on fictitious capital and fictitious profit, given that the high activity of this last form of capital is a hallmark of current capitalism and is itself the maximum expression of the fetishism engendered by it. We conclude that what is understood as a crisis by people in general is, in fact, a source of enormous enrichment for the owners of fictitious capital.

Suggested Citation

  • Rosa Maria Marques & Paulo Nakatani, 2023. "Crisis and Fictitious Capital," Research in Political Economy, in: Value, Money, Profit, and Capital Today, volume 39, pages 215-229, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:rpeczz:s0161-723020230000039013
    DOI: 10.1108/S0161-723020230000039013
    as

    Download full text from publisher

    File URL: https://www.emerald.com/insight/content/doi/10.1108/S0161-723020230000039013/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.emerald.com/insight/content/doi/10.1108/S0161-723020230000039013/full/pdf?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.emerald.com/insight/content/doi/10.1108/S0161-723020230000039013/full/epub?utm_source=repec&utm_medium=feed&utm_campaign=repec&title=10.1108/S0161-723020230000039013
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1108/S0161-723020230000039013?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eme:rpeczz:s0161-723020230000039013. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Emerald Support (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.