Online from: 2005
Subject Area: International Business
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|Title:||Finanzkapital in the twenty-first century|
|Author(s):||Nikhilesh Dholakia, (College of Business Administration, University of Rhode Island, Kingston, Rhode Island, USA)|
|Citation:||Nikhilesh Dholakia, (2011) "Finanzkapital in the twenty-first century", critical perspectives on international business, Vol. 7 Iss: 1, pp.90 - 108|
|Keywords:||Economic depression, Finance, Financial control, Marxist economics, Recession|
|Article type:||Research paper|
|DOI:||10.1108/17422041111103859 (Permanent URL)|
|Publisher:||Emerald Group Publishing Limited|
Purpose – Drawing inspiration from the 1910 book
Design/methodology/approach – The paper reconceptualises the notions of Finanzkapital in the contemporary context, drawing selective evidence from current and twentieth century economic and business history.
Findings – The nature of contemporaneous Finanzkapital is elaborated by presenting seven “theses” that probe the nature of Finanzkapital prior to, during, and after the Great Recession of 2007-9.
Originality/value – Through succinct articulation of the major characteristics of contemporary Finanzkapital, the paper suggests some ways to resist and transcend politico-economic and business systems based on massive but quicksand-like foundations of financial capital.
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