Lucarelli, Bill; Chester, Lynne; Johnson, Michael; … - University of Western Sydney; University of Western Sydney; … - 2007
evolved historically. The more modern forms of inconvertible paper money, credit, and bank money have evolved as specific … theories of endogenous money and credit-creation. It will be argued that Marx's original commodity theory of money is quite … framework by which to interpret the emergence of finance capital and monetary circuits of credit. By doing so, it is thus …