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A Stock Market Boom amidst a Real Economy Crisis*
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Jun 22nd 2020, Prabhat Patnaik
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The
stock market boom amidst a real economic crisis in the
US reveals the absolute hegemony of finance in a neoliberal
system, which is forced to rely on asset price bubbles
to stimulate the economy.
*
This article was originally published in People's
Democracy on June 21,
2020.
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