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Article(electronic)#21988
Les mécanismes du capitalisme financier
In: Recherches Internationales, Volume 29, Issue 1, p. 51-86
Frédéric F. Clairmonte : The machinery of financial capitalism.
In the processes of accumulation of capital, the multinational firms play a considerable part. The author studies the financial machineries they use mainly the leverage buyout — and shows that the speculation deriving from them generates destructive processes in the economy. He calls to the development of their democratic control, which requires long and hard political fights.
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