Financialisation and the limits of circuit theory
The theory of the monetary circuit aims to provide a highly stylised account of the workings of a modern monetary production economy. While there may have been a time when it succeeded in this aim, that time is over. The key development in the monetary sphere of capitalism over recent decades is the...
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
University of Edinburgh
2020-05-01
|
Series: | Finance and Society |
Online Access: | http://financeandsociety.ed.ac.uk/article/view/4405 |