Money enterprise and income distribution: Towards a macroeconomic theory of capitalism

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Abstract

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 the main building blocks of the complex structure of social relations of capitalism itself.

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Smithin, J. (2008). Money enterprise and income distribution: Towards a macroeconomic theory of capitalism. Money Enterprise and Income Distribution: Towards a Macroeconomic Theory of Capitalism (pp. 1–22). Routledge Taylor & Francis Group. https://doi.org/10.4324/9780203895450

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