ABSTRACT

Mainstream neoclassical economics tells us that money is essentially a commodity, has no other social meanings or consequences, and (therefore) exists only as a medium of exchange to lubricate/facilitate barter. This book takes the view that money is definitively a social relation between private persons or legal persons. As such, it is one of

chapter 2|15 pages

Economics and politics

chapter 4|16 pages

The role of money in the economy

chapter 5|17 pages

The determination of interest rates

chapter 6|18 pages

A theory of profit

chapter 7|13 pages

A theory of wages

chapter 12|6 pages

Concluding remarks