Contours of Crisis II: Fiction and Reality

Contours of Crisis II: Fiction and Reality
Bichler, Shimshon and Nitzan, Jonathan. (2009). Dollars & Sense. 28 April. (Magazine Article; English).

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Alternative Locations

http://www.dollarsandsense.org/archives/2009/0409bichlernitzan.html

Abstract or Brief Description

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?

Language

English

Publication Type

Article - Magazine

Keywords

abstract labour capital capitalization crisis finance ideology intangible assets irrationality Marxism mismatch thesis neoclassical economics utils

Subject

BN Money & Finance
BN Ideology
BN State & Government
BN Methodology
BN International & Global
BN Region - North America
BN Capital & Accumulation
BN Business Enterprise
BN Policy
BN Value & Price
BN Crisis
BN Macro

ID Code

258

Deposited On

28 April 2009

Available Versions of this Item

• Contours of Crisis II: Fiction and Reality (deposited 28 April 2009) [Currently Displayed]
  • Contours of Crisis II: Fiction and Reality (Reprint) (deposited 28 April 2009)

Commentary/Response Threads

• Bichler, Shimshon and Nitzan, Jonathan. Contours of Crisis: Plus ça change, plus c'est pareil?. (deposited 12 May 2009)
  • Bichler, Shimshon and Nitzan, Jonathan. Contours of Crisis II: Fiction and Reality. (deposited 28 April 2009) [Currently Displayed]
    • Nitzan, Jonathan and Bichler, Shimshon. Contours of Crisis III: Systemic Fear and Forward-Looking Finance. (deposited 12 June 2009)
  • Bichler, Shimshon and Nitzan, Jonathan. Contours of Crisis II: Fiction and Reality (Reprint). (deposited 28 April 2009)