The Politics of Money

The Politics of Money : Towards Sustainability and Economic Democracy

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Description

Classical and radical economists have marginalised the role of money, most particularly the role of credit, in driving the machinery of accumulation and exclusion. Although critiques of capitalism from Marxist, feminist and ecological perspectives abound, The Politics of Money is unique in gathering the strengths of these differing critiques into a coherent whole. The book reviews the role of money in current society through an overview of the history of money creation and a critique of the main theoretical developments in economic thought. Alternative perspectives on money are then presented through a review of a number of radical perspectives but focusing mainly on the work of Marx, Veblen and the social credit perspective of Douglas and the guild socialists.The authors have drawn upon their varied expertise in economics and the social sciences to produce the foundations of a new political economy that will enable communities to reconstruct their socio-economic fabric through social and political control of money systems.show more

Product details

  • Paperback | 256 pages
  • 166.1 x 221 x 16.5mm | 385.56g
  • PLUTO PRESS
  • London, United Kingdom
  • English
  • 0745317200
  • 9780745317205
  • 2,172,331

About Frances Hutchinson

Frances Hutchinson is a research fellow at the University of Bradford with a lifelong interest in ecology, economy and society. She has published three books so far, including The Political Economy of Social Credit and Guild Socialism (1997). Mary Mellor is Emeritus Professor at Northumbria University, where she was founding Chair of the University's Sustainable Cities Research Institute. She has published extensively on alternative economics integrating socialist, feminist and green perspectives. Her books include The Future of Money: From Financial Crisis to Public Resource (Pluto, 2010). Wendy Kay Olsen is a lecturer in Planning and Development at the University of Bradford.show more

Table of contents

Preface List of Figures 1. The Money Society 2. Why is There No Alternative? 3. Money, Banking and Credit 4. Capitalism - the elimination of alternatives 5. Marx, Veblen and Money Waged Labour 6. Guild Socialism and Social Credit 7. Capitalist Banking from a Social Credit Perspective 8. New Critiques: green economics and feminist economics 9. Innovations and Alternative Money Systems 10. Towards Sustainability and Economic democracy Bibliography Indexshow more

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