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🦊 OneRedFox 🦊@beehaw.orgM to Socialism@beehaw.orgEnglish · 3 days ago

Financial Capitalism Is More Dangerous Than Ever Today

jacobin.com

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Financial Capitalism Is More Dangerous Than Ever Today

jacobin.com

🦊 OneRedFox 🦊@beehaw.orgM to Socialism@beehaw.orgEnglish · 3 days ago
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The crash of 2008 was supposed to augur the end of ultraspeculative financial capitalism. But financial actors have actually gone from strength to strength since then, and fictitious capital is a bigger menace to global economic stability than ever.
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