World Economic Forum made great map: What the world would look like if countries were the size of their #fictitiouscapital
All the money the economy is losing during lockdown. Where has it all gone? How are people losing money if its not moving anywhere? Surely it can’t have just disappeared?
Maybe that Karl Marx guy was onto something #FictitiousCapital
Next step, SOAS Development Studies Seminar.
4 years ago I was a PhD student helping to organise this amazing seminar series. Now I’m here as a discussant!
#smashing #exPhDlife #fictitiouscapital
Vanquishing the demons. What is the role of #fictitiouscapital in the current #recession ?weeklyworker.co.uk/worker/1064/va…
Is investing in the stock market the same as investing in your own business? No. Capital markets benefit insiders the most. For everyone else, you hope timing works out in your favor. #FictitiousCapital
Exactly. #UnearnedIncome #FictitiousCapital
Private credit creation is a form of kleptocracy - it's theft
In ww1065: #Pride2015 #GreeceBailout #Grexit #SACP #Lenin #FictitiousCapital #ISIS #Renzi #jeremy4leader weeklyworker.co.uk/worker/1065