Money and Society: A Critical Companion

Author:   Axel T. Paul
Publisher:   Pluto Press
ISBN:  

9780745341965


Pages:   176
Publication Date:   20 November 2020
Format:   Paperback
Availability:   In Print   Availability explained
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Money and Society: A Critical Companion


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Overview

This is a comprehensive, critical introduction to the sociology of money, covering many topics, from the origins of money to its function today. Though our coins, bank notes and electronic tokens do function as means of exchange, money is in fact a social, intangible institution. This book shows that money does indeed rule the world. Exploring the unlikely origins of money in early societies and amidst the first civilizations, the book moves onto inherent liaison with finance, including the logic of financial markets. Turning to the contemporary politics of money, monetary experiments and reform initiatives such as Bitcoin and positive money, it finally reveals the essentially monetary constitution of modern society itself. Through criticizing the simplistic exchange paradigm of standard economics and rational choice theory, it demonstrates instead that money matters because it embodies social relations.

Full Product Details

Author:   Axel T. Paul
Publisher:   Pluto Press
Imprint:   Pluto Press
Weight:   0.194kg
ISBN:  

9780745341965


ISBN 10:   0745341969
Pages:   176
Publication Date:   20 November 2020
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.
Language:   English

Table of Contents

Preface 1. Economic Theories of Money – and Their Critiques 1.1. Barter, Exchange and Money 1.2. Objective versus Subjective Theories of Value 1.3. The Improbability of Exchange 2. Money’s Unlikely Origins 2.1. Gift-exchange and ceremonial monies 2.2. Money and (the End of) Violence 2.3. Economies of Sacrifice 2.4. Secrets of the Coin 3. Money and Finance 3.1. Time and Money 3.2. The Logic of Financial Markets 4. The Politics of Money 4.1. The Foundations and Fundamental Problems of Contemporary Money 4.2. Private Monies (or Bitcoin) 4.3. Sovereign Money 4.4. Central Bank Independence and the Inescapable Politicality of Money 5. Money and Society 5.1. Alienation and Freedom 5.2. Money and Functional Differentiation References Index

Reviews

'An extremely knowledgeable account of existing theories of money' -- Jens Beckert, author of Imagined 'Futures: Fictional Expectations and Capitalist Dynamics' (Harvard University Press, 2016)


'An extremely knowledgeable account of existing theories of money' -- Jens Beckert, author of Imagined 'Futures: Fictional Expectations and Capitalist Dynamics' (Harvard University Press, 2016) 'A well-argued exploration of the history and nature of money ... Thorough and comprehensive' -- Mary Mellor, author of Money: Myths, Truths and Alternatives (Policy Press, 2019)


Author Information

Axel T. Paul is a leading expert on the sociology of money, having worked within the discipline for twenty years. He is Professor of Sociology at the University Basel, Switzerland. He has written extensively on the topics of economic sociology, historical sociology and the sociology of violence.

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