Capitalism in the Age of Catastrophe (eBook)

The Newest Developments of Financial Capital in Times of Polycrisis

Achim Szepanski (Autor)

eBook Download: PDF

2024 | 2024
VIII, 354 Seiten
Springer Nature Switzerland (Verlag)
978-3-031-57754-3 (ISBN)

Infos

This book analyses contemporary and future conditions of global finance and capitalism in an age of catastrophe. It illuminates the links between various crises that have beset the world economy in recent decades and sets these in philosophical context, drawing on the work of Marx, Bataille and Baudrillard to forge new understandings of the impact of capitalist hegemony on society and nature.

The book introduces the concept of the 'over' as a lens through which to reflect on capitalist excess and its negative consequences, such as over-accumulation of goods, over-pollution of the environment, and over-speculation of capital. In particular, it shines a light on the trends of financialization and stagflation, with chapters examining increasingly embedded features of the world economy such as hyper-inflation, the dominance of advanced economy central banks, the phenomenon of repurchase agreements, new asset managers for the ultra-wealthy and index funds to show how capitalist structures continue to drive inequality, ecological breakdown, and geopolitical precarity on a global scale. With a rigorous philosophical and theoretical framework, this book will appeal to political economists, Marxist economists and scholars interested in theories of capitalism.

 

Achim Szepanski is the founder of the Electronic Music Labels Force Inc., and Mille Plateaux. His research focuses on speculative capital. He published Financial Capital in the 21st Century (Palgrave) and  is the Editor of the online magazine NON.

Produkt-Details

• Erscheint lt. Verlag: 31.5.2024
• Reihe/Serie: Palgrave Insights into Apocalypse Economics
• Zusatzinfo: VIII, 354 p. 1 illus.
• Sprache: englisch
• Original-Titel: Die Ekstase der Spekulation – Kapitalismus im Zeitalter der Katastrophe
• Themenwelt: Sozialwissenschaften ► Politik / Verwaltung
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung
• Schlagworte: Age of Catastrophe • Capitalism • Capitalism and artificial intelligence • Capitalism and the hyperreal • Central Banks • debt • Excesses of capitalism • Financial Capital • Fossil capital • Inflation • Overspeculation • Polycrisis • Post-Globalization • Shadow Banking System • Stagflation • The financial markets and Covid-19 • Theories of capitalism
• ISBN-10: 3-031-57754-X / 303157754X
• ISBN-13: 978-3-031-57754-3 / 9783031577543