{"product_id":"financial-speculation-and-fictitious-profits-marxist-analysis","title":"Financial Speculation and Fictitious Profits - Marxist Analysis","description":"\u003cp\u003eIn this review of Financial Speculation and Fictitious Profits the authors present a dense, theoretically driven account aimed at readers who want to understand contemporary financialisation through a Marxist lens. The book's single biggest reason to buy is its original extension of Marx's notion of fictitious capital into the paired concepts of \u003cstrong\u003efictitious profit\u003c\/strong\u003e and \u003cstrong\u003efictitious wealth\u003c\/strong\u003e, which make it a distinctive resource for researchers and advanced students exploring neoliberal accumulation and crisis dynamics.\u003c\/p\u003e\n\u003ch2\u003eKey Features\u003c\/h2\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eOriginal theoretical framework:\u003c\/strong\u003e The book articulates the concepts of fictitious profit and fictitious wealth to explain how speculative gains underpin the current phase of capitalist accumulation.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eHistorical and contemporary scope:\u003c\/strong\u003e It connects Marx's 19th-century categories to recent waves of financialisation, helping readers trace continuity and change across periods.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eSynthesis of long-term research:\u003c\/strong\u003e The text consolidates over twenty years of scholarly inquiry with new studies, offering a comprehensive perspective for sustained research work.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eDialectical method:\u003c\/strong\u003e The analysis uses a dialectic approach to relate crisis tendencies, financial instruments, and systemic accumulation rather than treating them as isolated phenomena.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eFocused on neoliberal era dynamics:\u003c\/strong\u003e Case framing and argumentation are explicitly directed at understanding accumulation during the neoliberal period and its crisis-prone character.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch2\u003eWho It's For\u003c\/h2\u003e\n\u003cp\u003eThis book is best suited for graduate students, academic researchers, and politically engaged readers with a background in political economy who need a rigorous conceptual account of \u003cstrong\u003efinancialisation\u003c\/strong\u003e. Its density and theoretical emphasis reward readers prepared to work through sustained argument and secondary literature.\u003c\/p\u003e\n\u003cp\u003eReaders seeking a short, introductory primer or a practitioner guide to financial markets should look elsewhere; the text assumes familiarity with Marxist categories and is not written as a quick-start manual for traders or general-audience economics.\u003c\/p\u003e\n\u003ch2\u003ePros \u0026amp; Cons\u003c\/h2\u003e\n\u003cp\u003e\u003cstrong\u003ePros\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eProvides a novel extension of Marx's fictitious capital with clear concepts of fictitious profit and fictitious wealth.\u003c\/li\u003e\n\u003cli\u003eDraws on extensive, long-term research to synthesize historical and contemporary analysis.\u003c\/li\u003e\n\u003cli\u003eUses a consistent dialectical method that situates financialisation within systemic crisis tendencies.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cstrong\u003eCons\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eDense, academic style may be challenging for readers without prior exposure to Marxist political economy.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch2\u003eSpecifications\u003c\/h2\u003e\n\u003ctable\u003e\n\u003ctr\u003e\n\u003ctd\u003eTitle\u003c\/td\u003e\n\u003ctd\u003eFinancial Speculation and Fictitious Profits\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSubtitle \/ Series\u003c\/td\u003e\n\u003ctd\u003eMarx, Engels, and Marxisms\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAuthors\u003c\/td\u003e\n\u003ctd\u003eGustavo Moura de Cavalcanti Mello, Mauricio de Souza Sabadini\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFocus\u003c\/td\u003e\n\u003ctd\u003eTheory of fictitious profit and fictitious wealth in financialisation\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eApproach\u003c\/td\u003e\n\u003ctd\u003eDialectical political economy and Marxist analysis\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eResearch base\u003c\/td\u003e\n\u003ctd\u003eOver twenty years of scholarly inquiry combined with new studies\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e\n\u003ch2\u003eOur Verdict\u003c\/h2\u003e\n\u003cp\u003eFinancial Speculation and Fictitious Profits is a valuable, conceptually rich contribution for scholars and advanced students seeking to deepen their understanding of financialisation through a Marxist framework. Its original theoretical vocabulary and long-term synthesis make it good value for researchers, though casual readers will find it dense.\u003c\/p\u003e\n\u003ch2\u003eFrequently Asked Questions\u003c\/h2\u003e\n\u003cp\u003e\u003cstrong\u003eDoes this book explain recent financial crises?\u003c\/strong\u003e\u003cbr\u003eThe book situates recent crises within a broader theory of accumulation and financialisation rather than offering a blow-by-blow event history.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eWho wrote the analysis?\u003c\/strong\u003e\u003cbr\u003eThe text is authored by Gustavo Moura de Cavalcanti Mello and Mauricio de Souza Sabadini, drawing on over twenty years of related research.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eIs it suitable for beginners?\u003c\/strong\u003e\u003cbr\u003eIt is best for readers with prior exposure to Marxist political economy; beginners may find the density challenging.\u003c\/p\u003e","brand":"Gustavo Moura de Cavalcanti Mello, Mauricio de Souza Sabadini","offers":[{"title":"Default Title","offer_id":48637337207003,"sku":"3030233626","price":129.59,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0724\/1043\/1707\/files\/716IGekBLFL._SL1360.jpg?v=1778694778","url":"https:\/\/gearmusthave.com\/products\/financial-speculation-and-fictitious-profits-marxist-analysis","provider":"GearMustHave","version":"1.0","type":"link"}