Description: The Specter of Capital provides a searching historical analysis and critique of the role of classical and neoclassical economic theory in creating the economic conditions which produced the global financial crisis.
Review Quotes: "A brief, lucid account of financialization's separation from production and its emergence as an autonomous realm--a development with serious consequences for theory as well as reality. Vogl demonstrates the baleful influences of the former on the latter and emphasizes the temporal paradox of a present which, preempting the future in the form of derivatives and the like, leaves us open to the unpredictable and the destructive."--Fredric Jameson, Duke University