Post by account_disabled on Feb 16, 2024 23:09:08 GMT -5
Ato measure the gigantic social forces thus created in terms of working time A passage therefore from the solid production so to speak of a productive capitalism to a purely immaterial dematerialized production falling within those postmodern phenomena that we have extensively analysed. the first in the financial economy the second in the computer world the internet. Back to index Finanzcapitalism The first field of cognitive capitalism is capitalism on a financial basis the one that prof. Luciano Gallino defines financecapitalism. By financial capitalism we do not mean the support of intangible capital money which financial capital banks investment funds etc. gives to productive capital companies and the various production structures but rather a real new system in which is precisely the immaterial capital to dominate.
An immaterial capital increasingly detached from the El Salvador Telemarketing Data material economy and the result of unorthodox investments or rather of speculations the socalled creative finance the entire derivatives market that invests in money that practically doesnt exist to get more money who have no footing in the material economy . According to Gallino in Finanzcapitalismo. The civilization of money in crisis the amount of derivatives in ten years has gone from to trillion dollars equal to . times the world GDP in.
They can be traded over the counter Otc at outside the exchanges and their norms and be held without the obligation to be recorded on the balance sheet by the banks further unbalancing the economic performance. In OTC derivatives in circulation exceeded trillion dollars out of a total of trillion derivatives. To understand well in very pragmatic terms the transition to this new stage of the capitalist economy it is enough to see that while in financial assets equal to the worlds GDP in they exceeded the GDP by more than four times Back.
An immaterial capital increasingly detached from the El Salvador Telemarketing Data material economy and the result of unorthodox investments or rather of speculations the socalled creative finance the entire derivatives market that invests in money that practically doesnt exist to get more money who have no footing in the material economy . According to Gallino in Finanzcapitalismo. The civilization of money in crisis the amount of derivatives in ten years has gone from to trillion dollars equal to . times the world GDP in.
They can be traded over the counter Otc at outside the exchanges and their norms and be held without the obligation to be recorded on the balance sheet by the banks further unbalancing the economic performance. In OTC derivatives in circulation exceeded trillion dollars out of a total of trillion derivatives. To understand well in very pragmatic terms the transition to this new stage of the capitalist economy it is enough to see that while in financial assets equal to the worlds GDP in they exceeded the GDP by more than four times Back.