Political Economy of Money and Finance
Price : £27.99 & postage in UK £2.80 (or free collection)
Availability : Can be ordered in

Published Date :
Published By Palgrave Macmillan
ISBN : 9780333665220
Category : Economics
Format : Paperback
Add To Basket

Pronounced instability has characterised the capitalist world economy since the early 1970s, much of it originating in the mechanisms of money and finance. Several different government policies have failed to restore harmony, often appearing to exacerbate economic instability. This volume argues that monetary and financial instability has its roots in capitalist production and trade themselves, as well as in the defects of the mechanisms of money and finance. Thus, no mix of policies can fully establish monetary and financial harmony, though different policies can significantly amerliorate or worsen instability. To sustain its central claim, the book re-examines the historical and logical origin of money, the creation of interest-bearing capital, the spontaneous emergence of a capitalist credit system, the mechanism of capitalist crises, and the nature and functions of central banks. Further support is provided by the systematic examination of the monetary and financial analysis of all of the important schools of thought, including Classical political economy, Marxism, Keynesianism, Post-keynesianism and monetarism. The authors' ability to present important insights from Japanese political economy, not previously discussed in Anglo-Saxon economies, makes this a highly significant work in radial political economy, offering a systematic and up-to-date Marxist analysis.

Open An Account

You can help to secure the future of radical bookselling by opening a Bookmarks Account.

We ask that you pay in a minimum of £10 a month by Standing Order which you can then spend on books at any time.

We will also give you 10% off all books or free postage anywhere in the UK.

Click Here


We sell much more than books, check out our posters, mugs and other stuff here

Bookmarks Publishing

Browse here for books from Bookmarks Publications and Redwords.

Bookmarks has been publishing books for over 40 years. Every year we publish a selection of books and pamphlets that address the key issues facing activists and trade unionists. Many of our older publications are available from our secondhand section.

See Our Publications