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Nature of Money
New Directions in Political Economy
Taschenbuch von Geoffrey Ingham
Sprache: Englisch

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Beschreibung
The Nature of Money draws on neglected intelectual traditions in the social sciences to develop a theory of the social relation of money. Geoffrey Ingham argues that mainstream economics and sociology fail to grasp the specific nature of money. It is seen either as a 'neutral veil' over the operation of the 'real' economy or its existence is simply taken for granted.

Defining money as a socially and politically constructed 'promise to pay', Ingham applies this approach to a range of important historical and analytical questions. The origins of money, the 'cashless' monetary systems of the ancient Near Eastern empires, the pre-capitalist coinage of Greece and Rome and the emergence of capitalist credit-money are all given new interpretations. In contrast to the conventional focus on production and property relations, ir is argued that capitalism's distinctiveness is to be found in the social structure Ä comprising complex linkages between firms, banks and states Ä by which private debts are routinely 'monetized'. Monetary 'disorders' Ä inflation, deflation, the collaspe of currencies Ä are the result of disruptions of, or the inability to sustain, these creditÄdebt relations. Finally, this concept of money is used to clarify confusion in the recent debates on the emergence of new forms and spaces of money Ä such as global electronic money, local exchange trading schemes and the euro.

The Nature of Money draws on neglected intelectual traditions in the social sciences to develop a theory of the social relation of money. Geoffrey Ingham argues that mainstream economics and sociology fail to grasp the specific nature of money. It is seen either as a 'neutral veil' over the operation of the 'real' economy or its existence is simply taken for granted.

Defining money as a socially and politically constructed 'promise to pay', Ingham applies this approach to a range of important historical and analytical questions. The origins of money, the 'cashless' monetary systems of the ancient Near Eastern empires, the pre-capitalist coinage of Greece and Rome and the emergence of capitalist credit-money are all given new interpretations. In contrast to the conventional focus on production and property relations, ir is argued that capitalism's distinctiveness is to be found in the social structure Ä comprising complex linkages between firms, banks and states Ä by which private debts are routinely 'monetized'. Monetary 'disorders' Ä inflation, deflation, the collaspe of currencies Ä are the result of disruptions of, or the inability to sustain, these creditÄdebt relations. Finally, this concept of money is used to clarify confusion in the recent debates on the emergence of new forms and spaces of money Ä such as global electronic money, local exchange trading schemes and the euro.

Über den Autor
Faculty of Social and Political Science, University of Cambridge
Inhaltsverzeichnis
Preface.

PART I. CONCEPTS AND THEORIES.

Introduction.

1. Money as a Commodity and 'Neural' Symbol of Commodities.

2. Abstract Value, Credit and the State.

3. Money in Sociological Theory.

4. Fundamentals of a Theory of Money.

PART II. HISTORY AND ANALYSIS.

5. The Historical Origins of Money and its Pre-capitalist Forms.

6. The Development of Capitalist Credit-Money.

7. The Production of Capitalist Crefit-Money.

8. Monetary Disorder.

9. New Monetary Spaces.

Concluding Remarks.

Notes.

References.

Index.

Details
Erscheinungsjahr: 2004
Genre: Politikwissenschaft & Soziologie
Rubrik: Wissenschaften
Medium: Taschenbuch
Inhalt: Kartoniert / Broschiert
ISBN-13: 9780745609973
ISBN-10: 074560997X
Sprache: Englisch
Einband: Kartoniert / Broschiert
Autor: Ingham, Geoffrey
Hersteller: Polity Press
Maße: 231 x 151 x 22 mm
Von/Mit: Geoffrey Ingham
Erscheinungsdatum: 09.04.2004
Gewicht: 0,397 kg
Artikel-ID: 102445674
Über den Autor
Faculty of Social and Political Science, University of Cambridge
Inhaltsverzeichnis
Preface.

PART I. CONCEPTS AND THEORIES.

Introduction.

1. Money as a Commodity and 'Neural' Symbol of Commodities.

2. Abstract Value, Credit and the State.

3. Money in Sociological Theory.

4. Fundamentals of a Theory of Money.

PART II. HISTORY AND ANALYSIS.

5. The Historical Origins of Money and its Pre-capitalist Forms.

6. The Development of Capitalist Credit-Money.

7. The Production of Capitalist Crefit-Money.

8. Monetary Disorder.

9. New Monetary Spaces.

Concluding Remarks.

Notes.

References.

Index.

Details
Erscheinungsjahr: 2004
Genre: Politikwissenschaft & Soziologie
Rubrik: Wissenschaften
Medium: Taschenbuch
Inhalt: Kartoniert / Broschiert
ISBN-13: 9780745609973
ISBN-10: 074560997X
Sprache: Englisch
Einband: Kartoniert / Broschiert
Autor: Ingham, Geoffrey
Hersteller: Polity Press
Maße: 231 x 151 x 22 mm
Von/Mit: Geoffrey Ingham
Erscheinungsdatum: 09.04.2004
Gewicht: 0,397 kg
Artikel-ID: 102445674
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