Marx’s Theory of Money: Modern Appraisals

Front Matter....Pages i-vii
Introduction....Pages 1-18
Front Matter....Pages 19-19
The Commodity Nature of Money in Marx’s Theory....Pages 21-35
Marx’s Theory of Money in Historical Perspective....Pages 36-49
Money as Displaced Social Form: Why Value cannot be Independent of Price....Pages 50-64
Marx’s Objections to Credit Theories of Money....Pages 65-77
Money as Constituent of Value....Pages 78-92
Front Matter....Pages 93-93
The Universal Equivalent as Monopolist of the Ability to Buy....Pages 95-110
Value and Money....Pages 111-123
The Monetary Aspects of the Capitalist Process in the Marxian System: An Investigation from the Point of View of the Theory of the Monetary Circuit....Pages 124-139
Front Matter....Pages 141-141
Marx’s Explanation of Money’s Functions: Overturning the Quantity Theory....Pages 143-159
Marx’s Anti-Quantity Theory of Money: A Critical Evaluation....Pages 160-174
Front Matter....Pages 175-175
The New Interpretation and the Value of Money....Pages 177-191
Money has no Price: Marx’s Theory of Money and the Transformation Problem....Pages 192-206
Front Matter....Pages 207-207
Marx’s Contribution to the Search for a Theory of Money....Pages 209-221
Towards a Marxian Theory of World Money....Pages 222-235
Back Matter....Pages 237-242