Description:How the creation of money makes the world go roundContemporary capitalism produces more and more money, debt, and inequality. These three trends have a common cause: the privilege of private banks to create money by means of accounting—with the stroke of a key. Why was this privilege unaddressed politically for so long—and who benefited from that negligence? At the heart of the answer lies the realization that the power to create money has been hidden by the way we commonly think and talk about capitalism. Keystroke Capitalism traces the omission of money creation from theories of capitalism and maps its consequences. By expanding the maneuvering space for the banks to use their privilege, the capitalist countries have financed a transformation of the economy known as financialisation. It is not simply ‘the markets’ but money itself that transfers economic benefits from the masses to a minority.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Keystroke Capitalism: How Banks Create Money for the Few. To get started finding Keystroke Capitalism: How Banks Create Money for the Few, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
—
Format
PDF, EPUB & Kindle Edition
Publisher
verso
Release
2022
ISBN
1839761199
Keystroke Capitalism: How Banks Create Money for the Few
Description: How the creation of money makes the world go roundContemporary capitalism produces more and more money, debt, and inequality. These three trends have a common cause: the privilege of private banks to create money by means of accounting—with the stroke of a key. Why was this privilege unaddressed politically for so long—and who benefited from that negligence? At the heart of the answer lies the realization that the power to create money has been hidden by the way we commonly think and talk about capitalism. Keystroke Capitalism traces the omission of money creation from theories of capitalism and maps its consequences. By expanding the maneuvering space for the banks to use their privilege, the capitalist countries have financed a transformation of the economy known as financialisation. It is not simply ‘the markets’ but money itself that transfers economic benefits from the masses to a minority.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Keystroke Capitalism: How Banks Create Money for the Few. To get started finding Keystroke Capitalism: How Banks Create Money for the Few, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.