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fictitious capital

Speculating on Fictitious Capital

In this post, I provide some speculative thoughts and questions on the nature of fictitious capital. I have only read Marx’s incomplete discussion of the concept in Capital and listened to David Harvey’s discussion in his Volume II class, so these thoughts will not take into account most current research on the topic. The best […]

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Marx's Capital

Capital Volume II: Class 7

Readings: Capital III, ch. 36, 27-32 I have yet to find a place in Volume III where Marx explicitly defines fictitious capital. This may be a result of the unfinished nature of Part Five of this volume, or an oversight on my part. The closest I have found is his reference to fictitious capital as […]