Reconsidering the Privileged Powers of Banks

Foundations of Sovereign Money, Wealth and Real Capital for Sustainability de

,

Éditeur :

Palgrave Macmillan


Paru le : 2023-10-26

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Description

This book explores the privileged powers commercial banks hold, namely, their ability to create money out of nothing and then have that money grow in tune with a positive interest rate. Said powers defy, in an unnatural sense, the first and second laws of thermodynamics. The necessity of understanding the dual natures of money, wealth, and real capital, or, put differently, the reality that these three entities are simultaneously individual affluence and collective biophysical debt, is emphasized. The book culminates by proposing completely new foundations of money, wealth, and real capital for any society on a pathway of responsible development.
Pages
221 pages
Collection
n.c
Parution
2023-10-26
Marque
Palgrave Macmillan
EAN papier
9789819960576
EAN PDF
9789819960583

Informations sur l'ebook
Nombre pages copiables
2
Nombre pages imprimables
22
Taille du fichier
5796 Ko
Prix
126,59 €
EAN EPUB
9789819960583

Informations sur l'ebook
Nombre pages copiables
2
Nombre pages imprimables
22
Taille du fichier
6932 Ko
Prix
126,59 €

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