O capital especulativo parasitário: uma precisão teórica sobre o capital financeiro, característico da globalização

The inaccurate idea of finance capital, widely used in the recent analysis on the process of globalization, leads us to an effort on the theoretical determination of the concept of speculative capital, from a strictly Marxist point of view. Thus, the analysis begins with a precision about the concepts of capital, industrial capital and its functional forms, interest-bearing capital and fictitious capital. Therefore, we come to the conclusion that, in the specific conditions of contemporary capitalism, the concept of industrial capital becomes, dialectically, speculative capital and that its major functional form is the parasitic speculative capital. The dominance of the speculative capital determines contradictions capable of explaining the current crisis of capitalism.The inaccurate idea of finance capital, widely used in the recent analysis on the process of globalization, leads us to an effort on the theoretical determination of the concept of speculative capital, from a strictly Marxist point of view. Thus, the analysis begins with a precision about the concepts of capital, industrial capital and its functional forms, interest-bearing capital and fictitious capital. Therefore, we come to the conclusion that, in the specific conditions of contemporary capitalism, the concept of industrial capital becomes, dialectically, speculative capital and that its major functional form is the parasitic speculative capital. The dominance of the speculative capital determines contradictions capable of explaining the current crisis of capitalism