Synopses & Reviews
Synopsis
What is the difference between money and capitap? Is anti-globalization necessarily anti-money?
These points and many more are debated and dealt with in a readable yet rigorous manner in this book. The work examines the case that the capitalist ecoomy is permeated with non-economic relations that flow from the exploitative relations of production. Lapavitas shows that markets have one aspect in common: money--and critically analyzes all aspects of this slippery concept.
This snappy, well argued book will interest and inform students and researchers not only in economics, but also in sociology and anthropology. Well-informed critics of capitalism will also find it to be a tremondously useful read.
Synopsis
Where does the power of money come from? Why is trust so important in financial operations? How does the swapping of gifts differ from the exchange of commodities? Where does self-interest stop and communal solidarity start in capitalist economies?
These issues and many more are discussed in a rigorous, yet readable, manner in Social Foundations of Markets, Money and Credit. It is shown in particular that capitalist economies are permeated with non-economic characteristics.
This carefully argued book will prove interesting and valuable to students and researchers not only in economics, but also in sociology and anthropology. Well-informed critics of capitalism will also find it a useful read.