TY - GEN AU - Kapadia, Anush TI - Political theory of money SN - 9781009331463 PY - 2023/// CY - New Delhi PB - Cambridge University Press KW - Economics KW - Money KW - Money-Political aspects N1 - Table of Contents Select 1 - Money Anchored to the Future 1 - Money Anchored to the Futurepp 3-24 Get accessExport citation Select 2 - The Money Fetish: Making Promises into Things 2 - The Money Fetish: Making Promises into Thingspp 25-40 Get accessExport citation Select 3 - Bending, Not Breaking: Monetary Sovereignty and the Survival Constraint 3 - Bending, Not Breaking: Monetary Sovereignty and the Survival Constraintpp 41-59 Get accessExport citation Select 4 - Mystical Kernel within the Rational: The Banking School's Residual Chartalism 4 - Mystical Kernel within the Rational: The Banking School's Residual Chartalismpp 60-83 Get accessExport citation Select 5 - Between Currency and Credit: Mehrling's Money View 5 - Between Currency and Credit: Mehrling's Money Viewpp 84-103 Get accessExport citation Select 6 - There Is No Such Thing as Fiat Money 6 - There Is No Such Thing as Fiat Moneypp 104-125 Get accessExport citation Select 7 - Coherence: Why Money Is Not Value 7 - Coherence: Why Money Is Not Valuepp 126-150 Get accessExport citation Select Part II Part IIpp 151-152 Get accessExport citation Select 8 - National Money versus Shadow Banking: Contradictions of a Public–Private Credit System 8 - National Money versus Shadow Banking: Contradictions of a Public–Private Credit Systempp 153-171 Get accessExport citation Select 9 - A World without: World Money 9 - A World without: World Moneypp 172-187 Get accessExport citation Select 10 - Proof of Institutions: Cryptocurrencies as Digital Fiat Money 10 - Proof of Institutions: Cryptocurrencies as Digital Fiat Moneypp 188-203 Get accessExport citation Select 11 - Europe and Democratic Funding 11 - Europe and Democratic Fundingpp 204-218 Get accessExport citation Select 12 - Democratic Sovereignty Makes Money 12 - Democratic Sovereignty Makes Moneypp 219-233 Get accessExport citation Select Bibliography Bibliographypp 234-246 Get accessExport citation Select Index Indexpp 247-254 N2 - Understanding money's nature as political, institutional, and material answers today's big money questions. Money remains a foundational question of social theory. What is money? Why does something so insubstantial have value? How do money systems make promises function like valuable things? Why are money systems always hierarchical yet variable? The answer, the book argues, is politics. Money is institutionalised social power. Politics generates institutions that differentially lock into the future product of political and economic collectives. Money emerges from the institutionalisation of social antagonisms to encapsulate a collective's productive potential in a flexible, tradable instrument. This takes a system. Money is built in hierarchical layers out of the inherently variable material of politics and at various economic scales. This book outlines these variable processes theoretically and through case studies UR - https://doi.org/10.1017/9781009331449 ER -