A pathway to Marxist monetary theory, through the papers of one of the field's pre-eminent scholars.

Costas Lapavitsasis is Professor of Economics at SOAS. He has published widely on money and finance, the Japanese economy, and the Eurozone. He writes often for the international press and his most recent books are Profiting Without Producing (Verso, 2013) and Against the Troika (Verso, 2015, with H. Flassbeck).

Preface

1. Money as Art: The Form, the Material, and Capital

PART I: THE FORMS, THE FUNCTIONS AND THE QUANTITY OF MONEY
2. The Theory of Credit Money: A Structural Analysis
3. The Banking School and the Monetary Thought of Karl Marx
4. The Classical Adjustment Mechanism of International Balances: Marx's Critique
5. Money and the Analysis of Capitalism: The Significance of Commodity Money

PART II: CREDIT, INTEREST-BEARING CAPITAL, AND THE HOARDING OF MONEY
6. Two Approaches to the Concept of Interest-Bearing Capital
7. On Marx's Analysis of Money Hoarding in the Turnover of Capital

PART III: THE ORIGIN OF MONEY AND THE NATURE OF COMMODITIES
8. Commodities and Gifts: Why Commodities Represent More than Market Relations
9. The Emergence of Money in Commodity Exchange, or Money as Monopolist of the Ability to Buy
10. The Social Relations of Money as Universal Equivalent: A Response to Ingham

PART IV: THE COMPLEX REALITY OF CONTEMPORARY MONEY
11. Relations of Power and Trust in Contemporary Finance
12. The Monetary Basis of Financialised Capitalism

Bibliography
Index