Acknowledgements ix
Preface x
List of Figures xii
Introduction
1The Politics of Financialization
1
Crisis of Accumulation and Reaction of Finance
2
Financial Expansion of the Brazilian Economy
3
Fictitious Capital as a Concrete Social Relation
2Capitalist State and Financial Hegemony
1
Capitalist Economy and Capitalist State
2
Financial Hegemony in the State Apparatus
3
The Class Character of Macroeconomic Policy
3Fiscal Superstructure, Expropriation, and Exploitation
1
The Financialization of Class Exploitation
2
Exploitation beyond Labor Exchange
3
Public Debt, Taxation, and Redistribution of Surpluses
4
Public Debt and the Rise in the Rate of Exploitation
5
State Spending and Appropriation of Income
4Macroeconomic Policy and Economic Democracy
1
Capitalism or Democracy
2
Depoliticization of Economic Policy
3
Selective Bureaucratic Insulation
4
Monetary Expectations and Inducements
5
The Talking Shop of Macroeconomic Policy
6
Economic Democracy and Democratic Socialism
Conclusion
Afterword: The 2016 Coup d 'état
Bibliography
Index