Accounting for the fictitious : living death by mainstream economics

Cooper, Christine (2012) Accounting for the fictitious : living death by mainstream economics. In: Interdisciplinary Perspectives On Accounting Conference 2012, 2012-07-11 - 2012-07-13.

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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.

ORCID iDs

Cooper, Christine ORCID logoORCID: https://orcid.org/0000-0001-8420-0621;
CORE (COnnecting REpositories)