Introduction: The Politics of Money

Werner Bonefeld and John Holloway

Chapter 1 in Global Capital, National State and the Politics of Money, 1996, pp 1-6 from Palgrave Macmillan

Abstract: Abstract The neo-liberal retreat from the state which has shaped politics in nearly all countries of the world in recent years implies a change in the form in which power is exercised. The ‘retreat from the state’ has not, in general, reduced the role of the state or made society less bureaucratic, but it has meant a direct (re-)commodification of many aspects of social life. Many of our social needs which were previously provided by the state (at least in minimal form) are now transformed into objects of exchange. More and more, our access to so many things that previously did not depend entirely on the market — medical care, housing, education, transport, not to mention the ‘luxuries’ of holidays, food and drink — depends directly on how much money we have. Money has risen to a new prominence in our daily experience.

Keywords: Monetarist Policy; Central Bank; Capitalist Accumulation; Class Struggle; International Financial Market (search for similar items in EconPapers)
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-14240-8_1

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DOI: 10.1007/978-1-349-14240-8_1

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