The Future of Money From Financial Crisis to Public Resource

, by
The Future of Money From Financial Crisis to Public Resource by Mellor, Mary, 9780745329949
Note: Supplemental materials are not guaranteed with Rental or Used book purchases.
  • ISBN: 9780745329949 | 0745329942
  • Cover: Paperback
  • Copyright: 5/15/2010

  • Rent

    (Recommended)

    $22.95
     
    Term
    Due
    Price
    *This item is part of an exclusive publisher rental program and requires an additional convenience fee. This fee will be reflected in the shopping cart.
  • Buy New

    Usually Ships in 3-5 Business Days

    $32.51
  • eBook

    eTextBook from VitalSource Icon

    Available Instantly

    Online: 1825 Days

    Downloadable: Lifetime Access

    $16.82

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.
Loading Icon

Please wait while the item is added to your bag...
Continue Shopping Button
Checkout Button
Loading Icon
Continue Shopping Button