Wednesday, March 31, 2010

Class Inequality and the Social Production of Money

I find Geoffrey Ingham to give one of the best understandings of money. The question of how money operates in our political-economy needs to be understood as more then a neutral veil, or epiphenomenal and our understanding of democracy then needs to incorporate ideas of democracy that reflect directly on our concept of a economic democracy. Money ultimately is not just (if even) a reflection or expression of the economy but its very creation and control is constitutive of the particular class and economic relations that dominate and drive forward the political-economy.

No comments: