Contours of Crisis II: Fiction and Reality
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Date
2009
Authors
Bichler, Shimshon
Nitzan, Jonathan
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Abstract
Economists tell us that the current crisis is our punishment for letting the fiction of finance distort the real economy. But what exactly is this “real” economy and how does finance distort it? Do the economists have a clue?
Description
abstract labour capital capitalization crisis finance ideology intangible assets irrationality Marxism mismatch thesis neoclassical economics utils
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Citation
Contours of Crisis II: Fiction and Reality.
Bichler, Shimshon and Nitzan, Jonathan. (2009). Dollars & Sense. April. (Article - Magazine; English).