Ebook: Marxist monetary theory: collected papers

Money as art: the form, the material, and capital -- The theory of credit money: a structural analysis -- The banking school and the monetary thought of Karl Marx -- The classical adjustment mechanism of international balances: Marx's critique -- Money and the analysis of capitalism: the significance of commodity money -- Two approaches to the concept of interest-bearing capital -- On Marx's analysis of money hoarding in the turnover of capital -- Commodities and gifts: why commodities represent more than market relations -- The emergence of money in commodity exchange, or money as monopolist of the ability to buy -- The social relations of money as universal equivalent: a response to Ingham -- Relations of power and trust in contemporary finance -- The monetary basis of financialised capitalism.;The work of Costas Lapavitsas on money and finance develops Marxist monetary theory offering fresh insight into contemporary capitalism. It is fully conversant with the history of political economy, mainstream economic theory and the empirical reality of financialisation.