Search results: Found 1

Listing 1 - 1 of 1
Sort by
The Future of Money

Author:
ISBN: 9780745329956 9781849644501 9781783716685 Year: Language: English
Publisher: Pluto Press Grant: Knowledge Unlatched - 100880
Subject: Economics
Added to DOAB on : 2018-01-25 11:01:48
License:

Loading...
Export citation

Choose an application

Abstract

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.

Listing 1 - 1 of 1
Sort by
Narrow your search

Publisher

Pluto Press (1)


License

CC by-nc-nd (1)


Language

english (1)


Year
From To Submit

2010 (1)