马克思在《资本论》中阐述了虚拟资本的概念、产生、形式、特点及其对社会经济活动的作用,构成了比较系统的虚拟资本理论。从马克思的虚拟资本理论看来,美国金融危机的实质就是以次贷及其衍生物为代表的虚拟资本泡沫的破灭,根源在于经济自由主义或称金融创新的无政府主义。 In Capital, Marx elaborates the concept, production, form, characteristics and the role of virtual capital in social economy and constitutes a relatively systematic theory of virtual capital. From the perspective of Marx’s theory of virtual capital, the essence of the financial crisis in the United States is the collapse of the virtual capital bubble represented by subprime loans and their derivatives. The root cause lies in economic liberalism or the financial innovation of anarchism.