Financial Speculation and Fictitious Profits

A Marxist Analysis

  • Gustavo Moura de Cavalcanti Mello
  • Mauricio de Souza Sabadini

Part of the Marx, Engels, and Marxisms book series (MAENMA)

Table of contents

  1. Front Matter
    Pages i-xxv
  2. Helder Gomes, Gustavo Moura de Cavalcanti Mello, Paulo Nakatani, Mauricio de Souza Sabadini, Adriano Lopes Almeida Teixeira
    Pages 1-7
  3. Adriano Lopes Almeida Teixeira
    Pages 9-41
  4. Reinaldo Antonio Carcanholo
    Pages 43-61
  5. Paulo Nakatani, Gustavo Moura de Cavalcanti Mello
    Pages 63-85
  6. Paulo Nakatani, Adriano Lopes Almeida Teixeira, Helder Gomes
    Pages 87-115
  7. Gustavo Moura de Cavalcanti Mello, Mauricio de Souza Sabadini
    Pages 139-181
  8. Paulo Nakatani, Helder Gomes
    Pages 183-209
  9. Back Matter
    Pages 211-215

About this book


This book provides an original account of financialisation and outlines the creation of fictitious profits as a basis to describe the present phase of capitalist accumulation in the neoliberal era. Making innovative theoretical elaborations on Marx’s notion of fictitious capital, Financial Speculation and Fictitious Profits offers a dialectic analysis of the increasing financialization during this crisis-ridden period based on the original concepts of fictitious profit and fictitious wealth.Combining the most important research from over twenty years of scholarly inquiry with groundbreaking new studies, Financial Speculation and Fictitious Profits is more than a collection of texts by political economists on a contemporary topic; it is a synthesis of an intense process of academic production that began with work of Karl Marx and has resulted in the formulation of a differentiated interpretative perspective on the contemporary evolution of capitalist crisis. 


Fictitious capital Capitalism fictitious profit contemporary capitalism Economic crisis radical politics radical economics alternatives to capital Latin American debt labor exploitation Argentina Brazil United States economy imperialism Speculative Capitalism fetish theory of money Marx Social reproduction

Editors and affiliations

  • Gustavo Moura de Cavalcanti Mello
    • 1
  • Mauricio de Souza Sabadini
    • 2
  1. 1.Department of Economics and Post-Graduate Programme in Social PolicyFederal University of Espírito Santo (UFES)VitóriaBrazil
  2. 2.Department of Economics and Post-Graduate Programme in Social PolicyFederal University of Espírito Santo (UFES)VitóriaBrazil

Bibliographic information

  • DOI
  • Copyright Information The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2019
  • Publisher Name Palgrave Macmillan, Cham
  • eBook Packages Economics and Finance Economics and Finance (R0)
  • Print ISBN 978-3-030-23359-4
  • Online ISBN 978-3-030-23360-0
  • Series Print ISSN 2524-7123
  • Series Online ISSN 2524-7131
  • Buy this book on publisher's site