Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/309313 
Authors: 
Year of Publication: 
2015
Citation: 
[Journal:] Finance and Society [ISSN:] 2059-5999 [Volume:] 1 [Issue:] 1 [Year:] 2015 [Pages:] 81-89
Publisher: 
University of Edinburgh, Edinburgh
Abstract: 
What happens to classic Marxist notions of revolution, exploitation and class struggle under the premise that we live in the age of financial rather than industrial capitalism? In this essay I argue that the logic of finance is the main structuring principle of the circulation of value, capital, and money today. Accordingly, we should no longer just think of class struggle in terms of workers and capitalists but also in terms of debtors and creditors. In financial capitalism class is determined by one's position relative to the production of money. This also means that a contemporary idea of revolution is a matter of radical change in the way that money comes into being.
Subjects: 
Capitalism
exploitation
debt
money
financialisation
revolution
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

Files in This Item:
File
Size
589.71 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.