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‎Contents -- ‎Preface -- ‎Chapter 1. Money as Art: The Form, the Material, and Capital -- ‎Part 1. The Forms, the Functions and the Quantity of Money -- ‎Chapter 2. The Theory of Credit Money: A Structural Analysis -- ‎Chapter 3. The Banking School and the Monetary Thought of Karl...
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Monetary theory based on commodity money possesses sound foundations for analysis of capitalist monetary phenomena. "Valueless" forms of money (fiat and credit) have their roots in the nature and functions of commodity money. The evolution of the form of money is explained by the adequacy of...
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