Theories of financialization of non-financial corporations: a critique

Francisco Paulo Cipolla () and Paolo Giussani ()

Brazilian Journal of Political Economy, 2022, vol. 42, issue 1, 128-149

Abstract: Financialization is often seen as a consequence of higher returns on financialassets. Yet, how can that be possible if the rate of interest is systematically lower than theprofit rate? This article addresses this issue. JEL Classification: E11.

Keywords: Financialization; financial returns; rate of profit (search for similar items in EconPapers)
Date: 2022
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