Martijn Konings

Capital and Time. For a New Critique of Neoliberal Reason

  Introduction: Beyond the Critique of Speculation This introductory chapter discusses the shortcomings of the heterodox critique of financial speculation as an irrational divergence from real values. It argues that the capitalist subject speculates not in defiance of fundamental values

Capital and Time. For a New Critique of Neoliberal Reason

A Critique of the Critique of Finance: Critics of neoliberal capitalism rarely recognize the productive power of speculation

If there is one theme that unites the various critiques of contemporary finance, it is the emphasis on its speculative character. Financial growth is said to be driven not by the logic of efficient markets, but rather by irrational sentiment,

A Critique of the Critique of Finance: Critics of neoliberal capitalism rarely recognize the productive power of speculation

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