John Smithin
eBook, ePUB

Money, Enterprise and Income Distribution (eBook, ePUB)

Towards a macroeconomic theory of capitalism

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Mainstream neoclassical economics tells us that money is essentially a commodity, has no other social meanings or consequences, and (therefore) exists only as a medium of exchange to lubricate/facilitate barter. This book takes the view that money is definitively a social relation between private persons or legal persons. As such, it is one of

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