El particular momento del dominio por el capital ficticio

Autores/as

  • Manuel Núñez
DOI: https://doi.org/10.6018/reg.600221
Palabras clave: Financialización, Capital Ficticio, Digitalización

Resumen

El capitalismo financializado característico de nuestra época no es nuevo. Ha habido otros períodos en los cuales el capital ficticio ha sido la forma, si no dominante, si muy relevante, del capital. Si es reseñable que ha alcanzado en términos cuantitativos unos valores nunca alcanzados previamente en la historia. Las causas esenciales de esa dominancia, el creciente desequilibrio entre las diferentes formas de capital y entre este y el trabajo, tampoco son nuevas. Es la interacción entre esas causas y factores propios de la época, una moneda que es al tiempo moneda de país y moneda mundo, el poder infraestructural de los bancos centrales y la escala de la última ola de globalización, acelerada por la digitalización de las sociedades, que permite caracterizar nuestra época. La espiral generada por la relación entre estos factores y los sistemas políticos de democracia liberal que emergieron de la guerra fría, hace de estos sistemas particularmente irreformables. Es por ello que las crisis de diverso tipo se acumulan y la capacidad de resolverlas sin violencia es cada vez menor. Una ola de inestabilidad a escala global se vislumbra como inevitable.

Descargas

Los datos de descargas todavía no están disponibles.

Citas

Adjemian, M. K., Arita, S., Meyer, S., & Salin, D. (2023). Factors affecting recent food price inflation in the United States. Applied Economic Perspectives and Policy. doi:10.1002/aepp.13378

Adkins, L., Cooper, M., & Konings, M. (2020). Asset Economy. Polity Press.

Agrawal, A., Goldfarb, A., & Gans, J. (Edits.). (2019). The economics of artificial intelligence. Chicago: The University of Chicago Press.

Aliber, R. Z. (2015). Manias, panics and crashes a history of financial crises.

Appelbaum, E. (2014). Private equity at work. (R. L. Batt, Ed.) New York: Russell Sage Foundation.

Arslanalp, S., & Tsuda, T. (2014). Tracking Global Demand for Advanced Economy Sovereign Debt. IMF Economic Review, 62, 430-464.

Ashworth, J. (2020). Quantitative Easing. Newcastle Upon Tyne: Agenda Publishing.

Baccaro, L., & Pontusson, J. (2022). The politics of growth models. Review of Keynesian Economics, 10, 204–221. doi:10.4337/roke.2022.02.04

Baccaro, L., Blyth, M., & Pontusson, J. (Edits.). (2022). Diminishing Returns. Oxford University Press.

Baker, J. B., & Morton, F. S. (2018). Antitrust Enforcement Against Platform MFNs. Yale Law Journal, 217, 2176-2202.

Balakrishnan, R., Heintz, J., & Elson, D. (2016). Economic Policy for Social Justice. Taylor & Francis Group.

Balanya, B. (2015). Europe Inc. (A. Doherty, & O. Hoedeman, Edits.) London: Pluto Press.

Ballou, B. (2023). Plunder Private Equity's Plan to Pillage America. PublicAffairs.

Barredo-Zurriarain, J. (2023). Modelos de crecimiento postkeynesiano financiarizado comoalternativa a las variedades de capitalismo: (in)estabilidad,instituciones y método taxonómico. Revista de Economía Mundial, 71-92.

Baudelot, C., Establet, R., & Toiser, J. (1979). Qui travaille pour qui? Paris: Maspero.

Bernhardt, A., Kresge, L., & Suleiman, R. (2021). Data and Algorithms at Work. The Case for WorkerTechnology Rights. Tech. rep., UC Berkeley Labor Center.

BIS. (2023). Project Atlas – Mapping the world of decentralised finance. Tech. rep., Bank for International Settlements (BIS).

BIS. (2023). The crypto ecosystem: key elements and risks. Bank for International Settlements (BIS).

Boldrin, M., & Levine, D. K. (2008). Against Intellectual Monopoly. Cambridge University Press.

Borsa, A., Bejarano, G., Ellen, M., & Bruch, J. D. (2023). Evaluating trends in private equity ownership and impacts on health outcomes, costs, and quality: systematic review. BMJ, e075244. doi:10.1136/bmj-2023-075244

Bosch, J. (2009). El pentagonismo sustituto del imperialismo. México D.F.: Cámara de Diputados, LX Legislatura.

Boudon, R. (2003). Raison. Bonnes Raisons. Presses Universitaires de France.

Brandeis, L. D. (2012). Other People's Money And How The Bankers Use It. Editions Artisan Devereaux, LLC,.

Broadberry, S., & (eds), M. H. (2018). ‘The Economics of the Great War: A Centennial Perspective https://cepr.org/publications/books-and-reports/economics-great-war-centennial-perspective. CEPR Press.

Bruno, V., Kim, S.-J., & Shin, H. S. (2018). Exchange Rates and the Working Capital Channel of Trade Fluctuations. Tech. rep., BIS Working PapersNo 694.

Brynjolfsson, E., & Unger, G. (2023). The Macroeconomics of Artificial Intelligence. Finance & Development (F&D), IMF, 60, 20-25.

Cartelier, J. (2018). Money, Markets and Capital. Routledge.

Chatterji, A. P., Hansen, T. B., & Jaffrelot, C. (Edits.). (2019). Majoritarian State: How Hindu Nationalism is Changing India. Oxford University Press.

Christenko, A., Jankauskaitė, V., Paliokaitė, A., van den Broek, E. L., Reinhold, K., & Järvis, M. (2022). Artificial intelligence for workermanagement: an overview. Tech. rep., European Agency for Safety and Health at Work.

Cini, L. (2022). Resisting algorithmic control: Understanding the rise and variety of platform worker mobilisations. New Technology, Work and Employment, 38, 125–144. doi:10.1111/ntwe.12257

Cipolla, C. M. (1956). Money, Prices, and Civilization in the Mediterranean World: Fifth to Seventeenth Century. Princeton University Press.

Cipolla, C. M. (1965). Guns, Sails and Empires :Technological Innovation and the Early Phasesof European Expansion 1400-1700. Minerva Press.

Clapp, J., & Isakson, S. R. (2018). Risky Returns: The Implications of Financialization in the Food System. Development and Change, 49, 437–460. doi:10.1111/dech.12376

Codagnone, C., Matthews, J., & Karatzogianni, A. (2018). Platform Economics. Emerald Publishing Limited.

Cohen, B. J. (1998). The geography of money. Cornell Univ. Press.

Cohen, B. J. (2018). Currency Statecraft. The University of Chicago Press.

Cohen, D. (2018). Il faut dire que les temps ont changé. Éditions Albin Michel.

Coppola, A., Maggiori, M., Neiman, B., & Schreger, J. (2021). Redrawing the Map of Global Capital Flows: The Role of Cross-Border Financing and Tax Havens∗. The Quarterly Journal of Economics. doi:10.1093/qje/qjab014

Crouch, C. (2004). Post-Democracy. Polity Press.

Crouch, C. (2011). The Strange Non-Death of Neo-liberalism. Oxford: Polity Press.

Daunton, M. (2023). Economic Government of the World 1933 to the Present. Farrar, Straus & Giroux.

Dunbar-Ortiz, R. (2021). Not "A Nation of Immigrants" : Settler Colonialism, White Supremacy, and a History of Erasure and Exclusion. Beacon Press.

Durand, C., & Milberg, W. (2019). Intellectual monopoly in global value chains (Vol. 27). Informa UK Limited. doi:10.1080/09692290.2019.1660703

Eichner, A. S. (2008). The megacorp and oligopoly. Cambridge University Press.

Emerson, R. (1960). From Empire to Nation. The Rise to Self-Assertion of Asian and African Peoples. Harvard University Press.

Eubanks, V. (2018). Automating Inequality. St Martin's Press.

Ferguson, T. (1995). Golden rule. University of Chicago Press.

Ferguson, T., Jorgensen, P., & Chen, J. (2017). Fifty Shades of Green. High Finance, Political Money, and the U.S. Congress. Tech. rep., Roosevelt Institute.

Ferguson, T., Jorgensen, P., & Chen, J. (2020). How Much Can the U.S. Congress Resist Political Money? A Quantitative Assessment. Institute for New Economic Thinking. doi:10.36687/inetwp109

Ferguson, T., Jorgensen, P., & Chen, J. (2022). How money drives US congressional elections: Linear models of money and outcomes (Vol. 61). Elsevier BV. doi:10.1016/j.strueco.2019.09.005

Fisher, I. (1922). The Purchasing Power of Money, its Determination and Relation to Credit, Interest and Crises. Macmillan Company.

Fleischacker, S. (1999). A third concept of liberty. Princeton University Press.

Fligstein, N. (2001). The Architecture of Markets. Princeton University Press.

Fligstein, N. (2021). Banks Did It. Harvard University Press.

Gilens, M. (2012). Affluence and influence : economic inequality and political power in America. Princeton, N.J New York: Princeton University Press Russell Sage Foundation.

Gilens, M., & Page, B. I. (2014). Testing Theories of American Politics: Elites, Interest Groups, and Average Citizens (Vol. 12). Cambridge University Press (CUP). doi:10.1017/s1537592714001595

Godley, W. (2009). Monetary economics ([Nachdr.] ed.). (M. Lavoie, Ed.). Palgrave Macmillan.

Gokmen, G., Vermeulen, W. N., & Vézina, P.-L. (2020). The imperial roots of global trade. Journal of Economic Growth, 25, 87–145. doi:10.1007/s10887-020-09174-7

Gordon, J. A., & Cornell, D. (Edits.). (2021). Creolizing Rosa Luxemburg. Lanham: Rowman & Littlefield.

Gurman, H., & Mistry, K. (Edits.). (2020). Whistleblowing nation. New York: Columbia University Press.

Habermas, J. (1999). Historia y crítica de la opinión pública. Barcelona: Gustavo G. Gili.

Hauser, A. (2021). From Lender of Last Resort to Market Maker of Last Resort viathe dash for cash: why central banks need new tools fordealing with market dysfunction. Reuters, London.

Heilbroner, R. L. (1985). Nature and Logic of Capitalism. Norton & Company, Incorporated, W. W.

Hein, E. (2012). The macroeconomics of finance-dominated capitalism and its crisis. Cheltenham, U.K: Edward Elgar.

Hickel, J., Dorninger, C., Wieland, H., & Suwandi, I. (2022). Imperialist appropriation in the world economy: Drain from the global South through unequal exchange, 1990–2015. Global Environmental Change, 73, 102467. doi:10.1016/j.gloenvcha.2022.102467

Ho, K., Hortaçsu, A., & Lizzeri, A. (Edits.). (2021). Handbook of Industrial Organization; Volume 5, Issue 1,. North-Holland / Elsevier.

Hobson, J. A. (1902). Imperialism. A Study. James Pott & Company.

Housel, M. (2020). The psychology of money. Petersfield: Harriman House.

Hudson, M. (2010). From Marx to Goldman Sachs: The Fictions of Fictitious Capital, and the Financialization of Industry. Critique, 38, 419–444. doi:10.1080/03017605.2010.492685

Hudson, M. (2018). and Forgive Them Their Debts: Lending, Foreclosure and Redemption from Bronze Age Finance to the Jubilee Year (Tyranny of Debt). Islet.

Hudson, M. (2023). The Collapse of Antiquity. Islet.

Immerwahr, D. (2020). How to Hide an Empire. Picador.

Iversen, T., & Rehm, P. (2022). Big Data and the Welfare State. Cambridge University Press.

Jackson, R. J., & Mitts, J. (2023). Trading on Terror? (2023). Available at SSRN: https://ssrn.com/abstract=4652027 or http://dx.doi.org/10.2139/ssrn.4652027.

Jung, C., & Hayes, C. (2023). Inflation, profits and market power: Towards a new research and policy agenda. Obtenido de http://www.ippr.org/publications/inflation-profits-and-market-power

Kalecki, M. (1943). Political Aspects Of Full Employment. The Political Quarterly, 14, 322–330. doi:10.1111/j.1467-923x.1943.tb01016.x

Kannan, S., Bruch, J. D., & Song, Z. (2023). Changes in Hospital Adverse Events and Patient Outcomes Associated With Private Equity Acquisition. JAMA, 330, 2365. doi:10.1001/jama.2023.23147

Kapeller, J., & Schütz, B. (2015). Conspicuous Consumption, Inequality And Debt: The Nature Of Consumption-Driven Profit-Led Regimes. Metroeconomica, 66, 51–70.

Karabarbounis, L., & Neiman, B. (2013). The Global Decline of the Labor Share. The Quarterly Journal of Economics, 129, 61–103. doi:10.1093/qje/qjt032

Keen, D. (2012). Useful enemies : when waging wars is more important than winning them. New Haven: Yale University Press.

Kellogg, K. C., Valentine, M. A., & Christin, A. (2020). Algorithms at Work: The New Contested Terrain of Control. Academy of Management Annals, 14, 366–410. doi:10.5465/annals.2018.0174

Kim, S.-J., & Shin, H. S. (2023). Theory of supply chains: a working capital approach. Tech. rep., BIS Working PapersNo 1070.

Kindleberger, C. (2001). Manias, Panics and Crashes A History of Financial Crises. Palgrave Macmillan Limited.

Klinenberg, E. (2018). Palaces for the people how social infrastructure can help fight inequality, polarization, and the decline of civic life. Crown.

Knight, C. (2016). Decoding Chomsky. New, Haven, CT: Yale University Press.

Koczan, Z., & Chupilkin, M. (2022). The economic consequences of war. The economic consequences of war.

Kohler, K., Guschanski, A., & Stockhammer, E. (2019). The impact of financialisation on the wage share. A theoretical clarificationand empirical test. Cambridge Journal Of Economics, 43. doi:10.1093/cje/bez021

Kosse, A. (2023). Making headway - results of the 2022 BIS survey on central bank digital currencies and crypto. (I. Mattei, Ed.). BIS, Bank for International Settlements, Monetary and Economic Department.

Kushi, S., & Toft, M. D. (2022). Introducing the Military Intervention Project: A New Dataset on US Military Interventions, 1776–2019. Journal of Conflict Resolution, 002200272211175. doi:10.1177/00220027221117546

Lazonick, W. (2023). Investing in Innovation. Cambridge University Press. doi:10.1017/9781009410700

Lemoine, B. (2016). L' ordre de la dette. (A. Orléan, Ed.) Paris: La Découverte.

Lemoine, B. (2022). La démocratie disciplinée par la dette. Paris: La Découverte.

Lerner, A. P. (1944). The Economicsof Control. Principles Of Welfare Economics. The Macmillan Company.

Levinson, M. (2008). The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger. Princeton University Press.

Luxemburg, R. (1951). The Accumulation of Capital. Routledge and Kegan Paul, Ltd.

Majfud, J. (2021). La frontera salvaje. 200 años de fanatismo anglosajón en América latina. Rebelde Editores.

Marshall, T. H. (1950). Citizenship and Social Class. Cambridge University Press.

McCombie, J. (2002). Productivity Growth and Economic Performance: Essays on Verdoorn’s Law. (M. Pugno, & B. Soro, Edits.). Palgrave Macmillan UK.

McGoey, L. (2019). Unknowers How Strategic Ignorance Rules the World. Zed Books, Limited.

Medlen, C. (2019). Free cash, capital accumulation and inequality. Abingdon, Oxon ; New York, NY: Routledge.

Medlen, C. (2022). The failure of markets. Milton Park, Abingdon, Oxon: Routledge,.

Mehrling, P. (2022). Money and Empire Charles P. Kindleberger and the Dollar System. Cambridge University Press.

Miller, T. (2019). Empire of Borders: How the Us Is Exporting Its Border Around the World. Tantor Audio.

Minsky, H. (2016). Can It Happen Again? Essays on Instability and Finance. Taylor & Francis Group.

Minsky, H. P. (1992). The Financial Instability Hypothesis. Tech. rep., The Levy Economics Institute Working Paper nº 74. doi:https://www.levyinstitute.org/pubs/wp74.pdf

Moreira, A., & Savov, A. (2017). The Macroeconomics of Shadow Banking. The Journal of Finance, 72, 2381–2432. doi:10.1111/jofi.12540

Moseley, F. (2016). Money and Totality. Leiden: Koninklijke Brill NV, Leiden, The Netherlands.

Moyn, S. (2023). Liberalism against itself. New Haven: Yale University Press.

Nicolini, G. (2024). The cryptocurrency phenomenon. (S. Intini, Ed.). Routledge,.

Nuñez, M. (2021). How China escaped shock therapy: the market reform debate from Isabella Weber: book rewiev. doi:10.31235/osf.io/ea4d7

Nuñez, M. (2022)(a). Corrupción: ampliando el alcance. Corruption: Expanding the reach. Tendencias Sociales. Revista de Sociología, 8, 5-36. doi:https://doi.org/10.5944/ts.2022.34258

Nuñez, M. (2022) (b). El destino universal de la democracia y el realismo geopolı́tico V_1_0. doi:10.31219/osf.io/dfkx5

Nuñez, M. (2022) (c). La moneda, la soberania y la reinvención del mundo. doi:10.31219/osf.io/29ym8

Nuñez, M. (2023). Instituciones independientes y policrisis. doi:10.31235/osf.io/h65zv

Oatley, T., & Petrova, B. (2022). The global deregulation hypothesis. Socio-Economic Review, 20, 611–633. doi:10.1093/ser/mwaa028

Onen, M., Shin, H. S., & von Peter, G. (2023). Overcoming original sin: insights from a new datase. techreport, Bank for International Settlements. Obtenido de https://www.bis.org/publ/work1075.pdf

Oręziak, L. (2022). Pension fund capitalism. London: Routledge, Taylor & Francis Group.

Ouma, S. (2018). This can(’t) be an asset class: The world of money management, “society”, and the contested morality of farmland investments. Environment and Planning A: Economy and Space, 52, 66–87. doi:10.1177/0308518x18790051

Ouma, S. (2020). Farming as Financial Asset. Newcastle upon Tyne: Agenda Publishing.

Ouma, S. (2022). Agri-investment scholars of the world unite! The finance-driven land rush as boundary object. Dialogues in Human Geography, 12, 173–176. doi:10.1177/20438206211069711

Perez, C. (2005). Revoluciones Tecnologicas y Capital Financiero. Siglo xxi Editores, S.a. De C. V.

Perez, C. (2010). Technological revolutions and techno-economic paradigms. Journal of Economics, 34, 185-202. Obtenido de https://www.jstor.org/stable/24232030

Perez, C. (2016). Capitalism, Technology anda Green Global Golden Age:The Role of History in Helpingto Shape the Future. The Political Quarterly, 86, 191–217. doi:https://doi.org/10.1111/1467-923X.12240

Pigou, A. C. (1940). The Political Economy of War. Macmillan and Co.,.

Pistor, K. (2019). Code of Capital. Princeton Univers. Press.

Pistor, K. (2020). Rule by Data: The End of Markets? LAW & CONTEMP. PROBS.101.

Posner, E. A. (2018). Radical markets.

Pozsar, Z. (2014). Shadow Banking: The Money View. Tech. rep., The Office of Financial Research (OFR).

Prins, N. (2022). Permanent distortion. PublicAffairs.

Proctor, R. N., & Schiebinger, L. (2008). Agnotology. Stanford University Press.

Pusterla, E. R. (2016). The Credibility of Sovereignty – The Political Fiction of a Concept. Springer International Publishing.

Quinn, W., & Turner, J. D. (2020). Boom and bust. A global history of financial bubbles. Cambridge: Cambridge University Press.

Robinson, W. I. (2020). Global Police State. Pluto Press.

Robinson, W. I. (2022). Global Civil War. PM Press.

Rogers, B. (2023). Data and Democracy at Work. MIT Press.

Russell, R. (2022). Price Wars How the Commodities Markets Made Our Chaotic World. Knopf Doubleday Publishing Group.

Sawyer, M. (2023). Political Aspects of Full Employment: Eight Decades On. Review of Political Economy, 35, 1109–1123. doi:10.1080/09538259.2023.2248027

Schumpeter, J. A. (1939). Business Cycles: A theoretical, historical and statistical analysis of the Capitalist process Vol. I & Vol. II. Mcgraw Hill.

Schwartz, H. M. (2019). American hegemony: intellectual property rights, dollar centrality, and infrastructural power (Vol. 26). Informa UK Limited. doi:10.1080/09692290.2019.1597754

Schwartz, H. M. (2021). Global secular stagnation and the rise of intellectual property monopoly (Vol. 29). Informa UK Limited. doi:10.1080/09692290.2021.1918745

Serra, A. (2011). A 'Short Treatise' on the Wealth and Poverty of Nations (1613). (S. A. Reinert, Ed.) London: Anthem Press.

Shiller, R. J. (2015). Irrational exuberance. Princeton: Princeton University Press.

Silbey, J. (2007). The mythical beginnings of intellectual property. Geo. Mason L. Rev, 15, 319.

Silbey, J. (2022). Against Progress. Intellectual Property and Fundamental Values in the Internet Age. Stanford University Press.

Simons, J. (2023). Algorithms for the people. Princeton: Princeton University Press.

Slobodian, Q. (2018). Globalists. Harvard University Press.

Slobodian, Q. (2023). Crack-Up Capitalism: market radicals and the dream of a world without democracy. Henry Holt and Co.

Smithin, J. (2018). Rethinking the Theory of Money, Credit, and Macroeconomics A New Statement for the Twenty-First Century. Rowman & Littlefield Publishers, Incorporated.

Sraffa, P. (1992). Production of commodities by means of commodities. Cambridge: Cambridge Univ. Pr.

Stockhammer, E. (2017). Wage-led versus profit-led demand:what have we learned? A Kaleckian–Minskyan view. Review of Keynesian Economics, 5, 25–42.

Stuart, D. T. (Ed.). (2008). Creating the national security state. Princeton: Princeton University Press.

Thirlwall, A. P. (2002). The nature of economic growth: an alternative framework for understanding the performance of nations. E. Elgar.

Wansleben, L. (2022). Rise of Central Banks. Harvard University Press.

Weber, I. M., & Wasner, E. (2023). Sellers’ inflation, profits and conflict: why can large firms hike prices in an emergency? Review of Keynesian Economics, 11, 183–213. doi:10.4337/roke.2023.02.05

Weber, I. M., Lara, J., Teixeira, L., & Pires, L. N. (2022). Inflation in Times of Overlapping Emergencies: Systemically Significant Prices from an Input-output Perspective December 2022. Tech. rep., University of Massachusetts Amherst.

Wertheim, S. (2020). Tomorrow, the World. Harvard University Press.

Wiedemann, A. (2021). Indebted Societies. University of Cambridge ESOL Examinations.

Wolfe, P. (1999). Settler colonialism and the transformation of anthropology. Cassell.

Wu, C. F.-D. (2022). Central banks in organizational networks. London: Routledge.

Zimmermann, C. D. (2013). A Contemporary Concept Of Monetary Sovereignty. Oxford University Press.

УШКАЛОВА, Д. И. (2023). ВНЕШНЯЯ ТОРГОВЛЯ РОССИИ:ПРЕДВАРИТЕЛЬНЫЕ ИТОГИ ВТОРОГО ГОДАПРОТИВОСТОЯНИЯ САНКЦИОННОМУ ДАВЛЕНИЮ. Вестник Института экономики Российской академии наук, 43-60.

Publicado
26-01-2024
Cómo citar
Núñez, M. (2024). El particular momento del dominio por el capital ficticio. Revista de Estudios Globales. Análisis Histórico y Cambio Social, 3(5). https://doi.org/10.6018/reg.600221