Global capital, national state, and the politics of money/​ Bonefeld, Holloway

Title

• Global capital, national state, and the politics of money / edited by Werner Bonefeld and John Holloway.

Other Authors

• Bonefeld, Werner, 1960-
• Holloway, John., 1947-

Published

• Basingstoke : Macmillan Press ; New York : St. Martins Press, 1995.

Physical Description

• viii, 232 p. ; 23 cm.

Subjects

• Nation-state.
• Nation state.
• Capital.
• International finance.
• Marxian economics.
• Capitalism

Summary

• The relationship between the state and money has changed radically since the breakdown of the Bretton Woods system, as a result of factors such as the floating of exchange rates, the deregulation of international money markets, the international debt crisis of the 1980s, the continued expansion of global debt and a growing dissociation between monetary and productive accumulation. In this context it is important to reconsider the politics of 'money' and the relationship between the national state and the global economy. The contributors argue that the practical importance of monetarism and neo-liberalism in general derived not from its coherence as a doctrine but from the change in the relationship between states and international money, following the breakdown of Bretton Woods. The essays in this book are all theoretical explorations of the new politics of world money and world debt.

Contents

• 1. Introduction: The Politics of Money / Werner Bonefeld and John Holloway
• 2. The Abyss Opens: The Rise and Fall of Keynesianism / John Holloway
• 3. Monetarism and Crisis / Werner Bonefeld
• 4. Money in the World Crisis: The New Basis of Capitalist Power / Christian Marazzi
• 5. Capital, Crisis and the International State System / Peter Burnham
• 6. Global Capital and the National State / John Holloway
• 7. The Subversion of Money-as-Command in the Current Crisis / Harry Cleaver
• 8. Money, Equality and Exploitation: An Interpretation of Marx's Treatment of Money / Werner Bonefeld
• 9. Conclusion: Money and Class Struggle / Werner Bonefeld and John Holloway.

Notes

• Repr. with new preface.
• Includes bibliographical references and index.

Language

• English