Marx, the notebooks on the crisis of 1866 and structural changes in capitalism: investigating financial innovation and stock exchanges

João Antonio de Paula, Hugo da Gama Cerqueira, Leonardo de Deus (), Carlos Suprinyak and Eduardo Albuquerque
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João Antonio de Paula: Cedeplar-UFMG

No 515, Textos para Discussão Cedeplar-UFMG from Cedeplar, Universidade Federal de Minas Gerais

Abstract: Marx's Notebooks prepared in 1868 and 1869 (excerpts from The Economist and The Money Market Review) are an investigation on the crisis of 1866. Beyond a broad study of that crisis, they are an investigation of an emerging transformation of capitalism. They focus on leading industrial sectors (railways), financial innovations (such as limited liability firms and new types of shares and titles), and follow political measures undertaken in response to that crisis - dynamic new features of a system in its drive for survival. Those Notebooks might be material for a deep revision of his unfinished manuscripts for Volume III.

Keywords: Karl Marx; MEGA; financial innovation; phases of capitalism (search for similar items in EconPapers)
JEL-codes: B14 B31 (search for similar items in EconPapers)
Pages: 39 pages
Date: 2015-05
New Economics Papers: this item is included in nep-his, nep-hme, nep-hpe and nep-pke
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