Speculation as speculative capital, denotes something different than speculation - risk taking, on the part of finance capital during the era of Lenin. Speculative capital as a concept means investment and risk taking on the basis of financial institutions more than less detached from production of commodities. Speculative capital as a form and sector of capital rises to domination on the basis of revolution in the productive forces.
^^^^^ CB: The speculation that Lenin discusses is essentially the same as all the other speculation down through the centuries. It's moneylending. This message has been scanned for malware by SurfControl plc. www.surfcontrol.com _______________________________________________ Marxism-Thaxis mailing list Marxism-Thaxis@lists.econ.utah.edu To change your options or unsubscribe go to: http://lists.econ.utah.edu/mailman/listinfo/marxism-thaxis
