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The Illusionism of Finance

27 January, 2005, Prabhat Patnaik
In the era of international finance capital, the real material world of things appears to be an illusion while the world of finance appears as the real world. The present paper explains this illusionism and outlines the theoretical universe of this illusionism. It gives illustrations of such illusionism and shows how such illusionism permeates not just economics discussions but the entire social and political discourse.


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