Marx’s Theory of Money and Interest: A Reconsideration in the Light of Robertson and Keynes

Claudio Sardoni ()

Chapter 16 in Marxian Economics: A Reappraisal, 1998, pp 271-285 from Palgrave Macmillan

Abstract: Abstract Marx’s analysis of the role of money in a capitalist economy marked a significant advance with respect to classical political economy, and in particular with respect to Ricardo. For Marx, money was no longer just a means of circulation but also a store of value. This has significant macroeconomic implications.

Keywords: Capitalist Economy; Loanable Fund; Capitalist Class; Monetary Theory; Paper Money (search for similar items in EconPapers)
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-26118-5_16

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DOI: 10.1007/978-1-349-26118-5_16

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