G974 Father Christmas (Marx) Against Fictitious Capital Greeting card (and LP974 postcard)

©Christine Hankinson/ Leeds Postcards

Fictitious capital is that proportion of capital which cannot be simultaneously converted into existing use-values. It is an invention which is absolutely necessary for the growth of real capital, it constitutes the symbol of confidence in the future. It is a necessary but costly fiction, and sooner or later it crashes to earth.

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