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Finance-dominated accumulation and the limits to institutional and spatio-temporal fixes in capitalism

Research output: Contribution in Book/Report/ProceedingsChapter

Published

Publication date2013
Host publicationFragile Stabilität – stabile Fragilität
EditorsStephan A. Jansen, Eckhard Schroeter, Nico Stehr
Place of publicationWiesbaden
PublisherSpringer Fachmedien
Pages303-328
Number of pages26
ISBN (Electronic)978-3-658-02248-8
ISBN (Print)978-3-658-02247-1
Original languageEnglish

Abstract

This chapter explores the improbability of capital accumulation and, more generally, of the continued reproduction of ‘present society’. It assumes that crisis is an ever-present but abstract possibility in the capital relation and, hence, in its instantiation in capitalist social formations. Whether crises are actualized and, if so, their timing, forms of appearance and effects depend on many other factors, forces, and contingencies.