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Marx, the notebooks on the crisis of 1866 and structural changes in capitalism: investigating financial innovation and stock exchanges

Author

Listed:
  • João Antonio de Paula

    (Cedeplar-UFMG)

  • Hugo Eduardo da Gama Cerqueira

    (Cedeplar-UFMG)

  • Leonardo Gomes de Deus

    (UFOP)

  • Carlos Eduardo Suprinyak

    (Cedeplar-UFMG)

  • Eduardo da Motta e Albuquerque

    (Cedeplar-UFMG)

Abstract

Marx's Notebooks prepared in 1868 and 1869 (excerpts from The Economist and The Money Market Review) are an investigation on the crisis of 1866. Beyond a broad study of that crisis, they are an investigation of an emerging transformation of capitalism. They focus on leading industrial sectors (railways), financial innovations (such as limited liability firms and new types of shares and titles), and follow political measures undertaken in response to that crisis - dynamic new features of a system in its drive for survival. Those Notebooks might be material for a deep revision of his unfinished manuscripts for Volume III.

Suggested Citation

  • João Antonio de Paula & Hugo Eduardo da Gama Cerqueira & Leonardo Gomes de Deus & Carlos Eduardo Suprinyak & Eduardo da Motta e Albuquerque, 2015. "Marx, the notebooks on the crisis of 1866 and structural changes in capitalism: investigating financial innovation and stock exchanges," Textos para Discussão Cedeplar-UFMG 515, Cedeplar, Universidade Federal de Minas Gerais.
    • Handle: RePEc:cdp:texdis:td515
    as

    Download full text from publisher

    File URL: https://www.cedeplar.ufmg.br/pesquisas/td/TD%20515.pdf
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    References listed on IDEAS

    as
    1. Acheson, Graeme G. & Hickson, Charles R. & Turner, John D. & Ye, Qing, 2009. "Rule Britannia! British Stock Market Returns, 1825-1870," The Journal of Economic History, Cambridge University Press, vol. 69(4), pages 1107-1137, December.
    2. João Antonio de Paula & Hugo E. A. da Gama Cerqueira & Alexandre Mendes Cunha & Carlos Eduardo Suprinyak & Leonardo Gomes de Deus & Eduardo da Motta e Albuquerque, 2013. "Notes on a Crisis," Review of Radical Political Economics, Union for Radical Political Economics, vol. 45(2), pages 162-182, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. Manuscritos de Marx e Engels estão disponíveis para consulta
      by Hugo da Gama Cerqueira in Meu gabinete de curiosidades on 2015-11-02 18:46:00

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    More about this item

    Keywords

    Karl Marx; MEGA; financial innovation; phases of capitalism;
    All these keywords.

    JEL classification:

    • B14 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Socialist; Marxist
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals

    NEP fields

    This paper has been announced in the following NEP Reports:

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