Social Foundations of Markets, Money and Credit
Author: Costas Lapavitsas Series: Routledge Frontiers of Political Economy
The idea that money and its power over the world needs to be demystified, is one that not many people will argue with. This snappy well argued book attempts to do exactly that.
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Summary
The idea that money and its power over the world needs to be demystified, is one that not many people will argue with. This snappy well argued book attempts to do exactly that.
Description
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.
About the Author
Costas Lapavitsas is Senior Lecturer in Economics at the School of Oriental and African Studies, University of London, UK. He is co-editor of Development Policy in the Twenty-First Century , also available from Routledge.
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