| Description |
1 online resource (viii, 197 pages) |
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text txt rdacontent |
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computer c rdamedia |
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online resource cr rdacarrier |
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data file |
| Bibliography |
Includes bibliographical references (pages 177-184) and index. |
| Note |
Print version record. |
| Contents |
Machine generated contents note: 1. What is Money? -- 2. Privatisation of Money -- 3. `People's Capitalism': Financialisation and Debt -- 4. Credit and Capitalism -- 5. Financial Crisis of 2007-08 -- 6. Lessons from the Crisis -- 7. Public Money and Sufficiency Provisioning. |
| Summary |
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. |
| Note |
This work is licensed by Knowledge Unlatched under a Creative Commons license https://creativecommons.org/licenses/by-nc-nd/4.0/legalcode |
| Language |
English. |
| Subject |
Monetary policy.
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Money.
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Banks and banking.
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Banks and banking -- Government policy.
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Capitalism.
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Politique monétaire.
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Economics, finance, business and management.
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Economics.
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Political economy.
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BUSINESS & ECONOMICS -- Money & Monetary Policy.
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POLITICAL SCIENCE -- Public Policy -- Economic Policy.
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Banks and banking
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Banks and banking -- Government policy
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Capitalism
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Monetary policy
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Money
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| In: |
Academic Library |
| Other Form: |
Print version: Mellor, Mary. Future of money. London : Pluto, 2010 9780745329956 (OCoLC)456171838 |
| ISBN |
9781849644501 (electronic bk.) |
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1849644500 (electronic bk.) |
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9781783716685 (electronic bk.) |
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1783716681 (electronic bk.) |
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9780745329956 |
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0745329950 |
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9780745329949 |
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0745329942 |
| Standard No. |
AU@ 000051366222 |
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CHNEW 000616976 |
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CHNEW 001021611 |
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CHVBK 529965003 |
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DEBBG BV043121148 |
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DEBBG BV044110319 |
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DEBSZ 421704810 |
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DEBSZ 449761614 |
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GBVCP 1003651593 |
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GBVCP 896610888 |
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HEBIS 286064413 |
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NZ1 14167653 |
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UKMGB 017894544 |
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