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Item Details
| Title:
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THE FUTURE OF MONEY
FROM FINANCIAL CRISIS TO PUBLIC RESOURCE |
| By: |
Mary Mellor |
| Format: |
Electronic book text |
| List price:
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£60.00 |
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We believe that this item is permanently unavailable, and so we cannot source
it.
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| ISBN 10: |
1849644500 |
| ISBN 13: |
9781849644501 |
| Publisher: |
PLUTO PRESS |
| Pub. date: |
9 April, 2010 |
| Pages: |
208 |
| Description: |
A history of money and modern banking systems that proposes that only a democratic restructuring of the economy can provide real sustainability. |
| Synopsis: |
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. |
| Publication: |
UK |
| Imprint: |
Pluto Press |
| Returns: |
Non-returnable |
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