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Democratizing Money? - Debating Legitimacy in Monetary Reform Proposals (Paperback)
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Democratizing Money? - Debating Legitimacy in Monetary Reform Proposals (Paperback)
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A lack of confidence in monetary institutions after the recent
financial crash has led to a resurgence of public debate on the
topic of monetary reform, reaching a level of political prominence
unprecedented since the period after the Great Depression. Whether
privatizing money with Bitcoin, regionalizing it with regional
currencies, or turning it into a state monopoly with either
sovereign money or 'Modern Monetary Theory, the only economic
utopians able to draw public attention in our post-crash world seem
to be monetary reformers. Weber provides the first proper economic
analysis of these modern monetary reform proposals, exposing their
flaws and fallacies through critical examination. From academics
studying the political economy of finance to economic sociologists
studying financial institutions, this book will appeal to scholars
and students interested in monetary reform proposals and the
viability of alternative currency systems, and more broadly,
readers seeking a contemporary understanding of what money is and
how it works today.
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