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[Marxism] Historical Notes on Fictitious Capital

I just posted a follow-up of my suggestion yesterday about the relevance
of Marx's theory of fictitious capital for the present day crisis. It
begins with a historical overview of the expression, "fictitious
capital," before it gets into the crisis material. The material comes
from a book of mine, Marx's Crises Theory: Scarcity, Labor, and Finance.

http://michaelperelman.wordpress.com/2008/09/16/notes-on-fictitious-capitalnotes-on-fictitious-capital

--

Michael Perelman
Economics Department
California State University
michael at ecst.csuchico.edu
Chico, CA 95929
530-898-5321
fax 530-898-5901
www.michaelperelman.wordpress.com



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