Critical Junctures in Mobile Capital

Investigates relationships between sovereign states and banks, and their conflicts over the creation of money in government debt and mobile capital.

List of contents

Introduction Jocelyn Pixley; 1. Sovereign nations and the governance of international finance Renate Mayntz; 2. Coping with the dangerous component of capital flows and Asia's ineffective cooperation Iwan Azis; 3. How mobile capital plays off democracy - the Euro case and other federations Jocelyn Pixley; 4. Mobile capital as the ultimate form of war finance Luca Fantacci and Lucio Gobbi; 5. Capital moves financially - securitisation, value - and the emergent social relations of labour Dick Bryan and Michael Rafferty; 6. International money after the crisis. What do we know? Herman Mark Schwartz; 7. Beware of financialization! Emerging markets and mobile capital Andreas Nölke; 8. Lagoon immobility. The exceptional case of imperial Venice Sam Whimster; 9. 'Convenient reverse logic' in mobile capital's inequalities Jocelyn Pixley; 10. Imagine: grassroots against financialization Helena Flam; 11. Money, state and capital: the long-term perspective Helmut Kuzmics; 12. Super diversity, exploitation and migrant workers Shaun Wilson; 13. The bitcoin or the reality of a waking dream Massimo Amato; 14. Capital mobility and the fragmentation of monetary sovereignty David Woodruff; 15. Surrogate currencies: Sardex Laura Sartori; Index.

Summary

During the recent financial crisis, the conflict between sovereign states and banks over who controls the creation of money was thrown into sharp relief. This collection investigates the relationship between government debt and banks' mobile capital, and the critical junctures in these conflicts over the social-economic purposes of money creation.

Product details

• Authors: Jocelyn (Macquarie University Pixley
• Assisted by: Helena Flam (Editor), Flam Helena (Editor), Jocelyn Pixley (Editor)
• Publisher: Cambridge University Press ELT
• Languages: English
• Product format: Paperback / Softback
• Released: 31.12.2022
• EAN: 9781316639146
• ISBN: 978-1-316-63914-6
• No. of pages: 318
• Subjects: Non-fiction book > Politics, society, business > Politics; Social sciences, law, business > Business > Individual industrial sectors, branches; Finance, BUSINESS & ECONOMICS / Economics / Macroeconomics, Banking, macroeconomics, International Economics, Political Economy, Sociology: work & labour, Monetary Economics, International Finance, Sociology: work and labour, Finance and the finance industry