the law. Democratizing money will therefore ensure equal opportunity to the ownership of property, and thus full … capital via the creation of money. If the divergence between capital and labor-between rich and poor-is explained by the … monopoly access of capitalists to finance, then reducing this divergence is crucially dependent on the democratization of money …

This paper explores the rise of money and class society in ancient Greece, drawing historical and theoretical parallels … metallist theories of money. It will be shown that the origins and the evolution of money were closely intertwined with the rise … and consolidation of class society and inequality. Money, class society, and inequality came into being simultaneously, so …

The success of alternative payment systems has led to discussion of various proposals to replace money with a new … technology-based system, though many lack a clear idea of what exactly is the "money" they seek to replace. We begin by … presenting the explanation of money's role in the economy embraced by most mainstream economists and policy analysts, based on …

This paper relates Keynes's discussions of money, the state theory of money, financial markets, investors' expectations …

One of the main contributions of Modern Money Theory (MMT) has been to explain why monetarily sovereign governments … categories: views about the origins of money and the role of taxes in the acceptance of government currency, views about fiscal …

Marx’s theory of money is critiqued relative to the advent of fiat and electronic currencies and the development of … financial markets. Specific topics of concern include (1) today’s identity of the money commodity, (2) possible heterogeneity of … the money commodity, (3) the categories of land and rent as they pertain to the financial economy, (4) valuation of …

principles of post-Keynesian endogenous money theory. This paper argues that the most important critical component of post …

Depression and the theoretical framework Keynes presents in The General Theory, the assumption of a constant money stock …