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Item Details
Title: THE FUTURE OF MONEY
FROM FINANCIAL CRISIS TO PUBLIC RESOURCE
By: Mary Mellor
Format: Hardback

List price: £85.00
Our price: £76.50
Discount:
10% off
You save: £8.50
ISBN 10: 0745329950
ISBN 13: 9780745329956
Availability: Usually dispatched within 1-3 weeks.
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Stock: Currently 0 available
Publisher: PLUTO PRESS
Pub. date: 8 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: Returnable
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