The Braudélian Autumn of America. The Fractions of Capital Under the Second Trump Administration - Press Left!
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According to historian Fernand Braudel, the decline of hegemony is historically accompanied by a financialization. Faced with the decline in the profitability of production and trade (trade), the holders of capital are increasingly transferring their assets to finance. According to Braudel, this is a "sign of autumn", when the empires "turn into a society of annuitants-investors on the lookout for anything that could guarantee them a quiet and p…
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