Towards a Marxian Theory of World Money

Tony Smith

Chapter 14 in Marx’s Theory of Money, 2005, pp 222-235 from Palgrave Macmillan

Abstract: Abstract In Financial Markets, Money and the Real World Paul Davidson, a leading Post Keynesian economist, adds his voice to calls for reforms of the ‘international financial architecture’. Unlike other reformers, his proposals centre on a new form of world money. In this chapter I shall present a critical assessment of his position from a Marxian standpoint.

Keywords: Central Bank; World Market; Nominal Exchange Rate; Domestic Currency; Uneven Development (search for similar items in EconPapers)
Date: 2005
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DOI: 10.1057/9780230523999_15

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