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Books > Social sciences > Politics & government > Political ideologies > Marxism & Communism
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Money as a Social Institution - The Institutional Development of Capitalism (Paperback)
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Money as a Social Institution - The Institutional Development of Capitalism (Paperback)
Series: Routledge Frontiers of Political Economy
Expected to ship within 12 - 17 working days
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Money is usually understood as a valuable object, the value of
which is attributed to it by its users and which other users
recognize. It serves to link disparate institutions, providing a
disguised whole and prime tool for the "invisible hand" of the
market. This book offers an interpretation of money as a social
institution. Money provides the link between the household and the
firm, the worker and his product, making that very division seem
natural and money as imminently practical. Money as a Social
Institution begins in the medieval period and traces the evolution
of money alongside consequent implications for the changing models
of the corporation and the state. This is then followed with
double-entry accounting as a tool of long-distance merchants and
bankers, then the monitoring of the process of production by
professional corporate managers. Davis provides a framework of
analysis for examining money historically, beyond the operation of
those particular institutions, which includes the possibility of
conceptualizing and organizing the world differently. This volume
is of great importance to academics and students who are interested
in economic history and history of economic thought, as well as
international political economics and critique of political
economy.
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