Buch
The future of money: From financial crisis to public resource
As the recent financial crisis has revealed, the state is central to the stability of the money system, while the chaotic privately-owned banks reap the benefits without shouldering the risks. This book argues that money is a public resource that has been hijacked by capitalism. Mary Mellor explores the history of money and modern banking, showing how finance capital has captured bank-created money to enhance speculative "leveraged" profits as well as destroying collective approaches to economic life. Meanwhile, most individuals, and the public economy, have been mired in debt. To correct this obvious injustice, Mellor proposes a public and democratic future for money. Ways are put forward for structuring the money and banking system to provision societies on an equitable, ecologically sustainable "sufficiency" basis. This fascinating study of money should be read by all economics students looking for an original analysis of the economy during the current crisis.
- ISBN
-
978-1-84964-450-1
- Language
-
Englisch
- Classification
-
Politik
- Subject
-
Political Science
Political Economy
Money
Financial Crisis
Capitalism
Banking
Democracy
Ecology and Sustainability
Geld
Finanzmarkt
Finanzkrise
Geldpolitik
- Event
-
Geistige Schöpfung
- (who)
-
Mellor, Mary
- Event
-
Veröffentlichung
- (who)
-
Pluto Press
- (where)
-
London
- (when)
-
2010
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Buch
Associated
- Mellor, Mary
- Pluto Press
Time of origin
- 2010
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