Crisi e centralizzazione del capitale finanziario (Crysis and Centralization of Financial Capital)

Emiliano Brancaccio, Orsola Costantini, Stefano Lucarelli
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Emiliano Brancaccio, Orsola Costantini, Stefano Lucarelli: Università degli Studi del Sannio, Università degli Studi di Bergamo, Université Paris 1
Authors registered in the RePEc Author Service: Stefano Lucarelli and Emiliano Brancaccio

Moneta e Credito, 2015, vol. 68, issue 269, 53-79

Abstract: The possible nexus between economic crises and what Marx and Hilferding referred to as “centralisation” of capital is one of the themes raised by the “great recession”. The article reviews the main studies devoted to such a nexus, comparing the Marxist and mainstream economic literature. A double causal relation is analysed: both concerning the role of centralisation in feeding the contradictions of the capitalist system and its recurrent crises, and the impact of these crises on the very process of centralisation.

Keywords: centralizzazione del capitale; crisi economica; marxismo (search for similar items in EconPapers)
JEL-codes: B14 B24 B51 E58 G01 G33 G34 (search for similar items in EconPapers)
Date: 2015
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