Financial Capital in the 21st Century

Focusing on the evolution of speculative capital, the book presents a new theory that differentiates it from credit and fictitious capital, emphasizing its dominance in modern capital markets. By examining the interplay between speculative and real capital, it highlights how speculative capital structures and influences the broader economic landscape. Utilizing a Marxist methodology, the author integrates insights from contemporary Marxist and heterodox thinkers, providing a thorough analysis of capital's logic and existence in the 21st century.