Relational Money—Working to Define the Conditions of Non-payment

Christian Fiedler ()
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Christian Fiedler: Zeppelin University

A chapter in The Relational View of Economics, 2022, pp 277-297 from Springer

Abstract: Abstract In the course of this analysis, my goal will be to show that the debt relation, as a relational form of contract, deals with polycontexturality and, in the process, introduces external reference, which, through self-reference, is subsequently returned to money in the form of interest. However, by doing so, the institution of money reveals its own instability as a measure of value, and can only serve as one if the shared value created by a given process exactly matches the discounting of the interest.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:recchp:978-3-030-86526-9_14

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DOI: 10.1007/978-3-030-86526-9_14

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