关键词: 金融资本, 金融化资本, 增殖性, 流动性

Abstract: Since the 1970s and 1980s, financial capital has changed in four aspects: the capital and capital relationship, financial capital and wage labor, financial capital and sovereign states, and financial capital and the world market, making it theoretically transform into financialized capital. Financialized capital indicates the dominance of fictitious capital, its integrated growth with borrowed capital, and the control of the two over industrial capital and even over all aspects of the economy and society. While pursuing proliferative properties, they also have the requirement to maintain liquidity, turning the delusional illness of making money without the intermediary of the production process into a structural disease of capital accumulation. Despite of the self circulation and a high degree of autonomy, financialized capital, through the appropriation of surplus value, the income of all classes and even real capital， and in the form of interest, entrepreneurial profits, capital gains, commissions and handling fees, is associated with a striking instability and inevitably rebuilds the monetary and value bases of social production through crises.

Key words: financial capital, financialized capital, proliferation, liquidity