Making sense of the plurality of money: a Polanyian attempt

Jerome Blanc

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Abstract: This paper aims at accounting for the dramatic plurality of money through the discussion of a conceptual framework built on Polanyian writings. Three ideal types are built: public money, business money and associative money. This typology is enriched by Polanyian concepts, which are discussed and adapted for this purpose: first, the distinction between all-purpose money and special-purpose money; second, his distinction between three or four forms of integration, here called exchange, redistribution, reciprocity and communal sharing. The whole helps understanding the complexity of real cases, starting with our ordinary money, and especially emphasizing the contemporary diversity of associative moneys.

Keywords: Plurality of money; modern money; ideal types; Polanyi; forms of integration (search for similar items in EconPapers)
Date: 2018
New Economics Papers: this item is included in nep-his and nep-hme
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-01555623v2
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Citations: View citations in EconPapers (2)

Published in Gómez, Georgina M. Monetary plurality in local, regional and global economies, Routledge, pp.48-66, 2018, Financial history, 9781138280281

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Working Paper: Making Sense of the Plurality of Money: A Polanyian Attempt (2017)
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