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Capitalism with Derivatives
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Capitalism with Derivatives : A Political Economy of Financial Derivatives, Capital and Class

2006 ed.

Book Details

Format Hardback or Cased Book
ISBN-10 1403936455
ISBN-13 9781403936455
Edition 2006 ed.
Publisher Palgrave USA
Imprint Palgrave Macmillan
Country of Manufacture GB
Country of Publication GB
Publication Date Dec 16th, 2005
Print length 236 Pages
Ksh 16,200.00
Werezi Extended Catalogue 0 in stock

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Financial derivatives are now the largest form of financial transaction in the world, and they are transforming in pervasive ways the lived experience of capitalist economies. Financial derivatives are anchoring the global financial system and challenging the conventional understanding of ownership, money and capital.
What are the links between things as diverse as the prices of pork bellies, interest rates, and corporate stock? They are all being translated into risk and priced through the system of derivative markets. Financial derivatives are now the largest form of financial transaction in the world, and they are transforming in pervasive ways the lived experience of capitalist economies. Financial derivatives are anchoring the global financial system and challenging the conventional understanding of ownership, money and capital. These challenges are examined in this book, providing a significant reinterpretation of contemporary capitalism that will be of interest to both social scientists and conventional finance scholars.

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