The Emergence of Credit Money

Heiner Ganssmann

Chapter 9 in Marxian Economics: A Reappraisal, 1998, pp 145-156 from Palgrave Macmillan

Abstract: Abstract Marx’s argument on money, credit and fictitious capital in volume III of Capital relies on a logic of ‘emergence’, which deserves attention not just for methodological reasons. What is meant by logic of emergence?

Keywords: Central Bank; Real Money; Credit System; Credit Crunch; Private Labour (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_9

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DOI: 10.1007/978-1-349-26118-5_9

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