TY  - BOOK
AU  - Mellor, Mary
AB  - 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.
ID  - OAPEN ID: 642725
ID  - OAPEN ID: OCN: 658045245
ID  - OAPEN ID: http://library.oapen.org/handle/20.500.12657/30777
KW  - Political Science
KW  - Political Economy
KW  - Money
KW  - Financial Crisis
KW  - Capitalism
KW  - Banking
KW  - Democracy
KW  - Ecology and Sustainability
KW  - Money creation
KW  - Mortgage loan
L1  - https://library.oapen.org/bitstream/20.500.12657/30777/1/642725.pdf
L1  - https://library.oapen.org/bitstream/20.500.12657/30777/1/642725.pdf
L1  - https://library.oapen.org/bitstream/20.500.12657/30777/1/642725.pdf
LA  - English
LK  - https://directory.doabooks.org/handle/20.500.12854/37944
PB  - Pluto Press
PY  - 2010-04-20
SN  - 9781849644501;9781783716685
TI  - The Future of Money : From Financial Crisis to Public Resource
ER  - 
