Investigating Financial Innovation and Stock Exchanges: Marx, the Notebooks on the Crisis of 1866 and Structural Changes in Capitalism
摘要
Marx's Notebooks prepared in 1868 and 1869 (excerpts from The Economist and The Money Market Review) are an investigation of 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.