Accounting for the fictitious: living death by mainstream economics

Christine Cooper

Research output: Contribution to conferencePaper

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Abstract

This paper presents a modest contribution to the debates surrounding the culpability of the accounting profession in the recent financial crisis. It adopts a Marxist theoretical perspective concentrating mainly on Marx’s work on fictitious capital. The paper argues that the accounting profession’s adoption of mainstream economic thought alongside its structures and sources of funding have rendered it unable to deal adequately with the demands placed upon it by an innovative and rapidly expanding derivatives market.
Original languageEnglish
Number of pages20
Publication statusPublished - Jul 2012
EventInterdisciplinary Perspectives On Accounting Conference 2012 - Cardiff, United Kingdom
Duration: 11 Jul 201213 Jul 2012

Conference

ConferenceInterdisciplinary Perspectives On Accounting Conference 2012
CountryUnited Kingdom
CityCardiff
Period11/07/1213/07/12

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Keywords

  • accounting
  • fictitious
  • living death
  • mainstream economics

Cite this

Cooper, C. (2012). Accounting for the fictitious: living death by mainstream economics. Paper presented at Interdisciplinary Perspectives On Accounting Conference 2012, Cardiff, United Kingdom.