Making sense of the plurality of money

Dados Bibliográficos

ID23212792
AutoresJérôme Blanc (0000-0003-4761-7086, Triangle : Action, Discours, Pensée politique et économique, autor correspondente)
Ano2018
Páginas48-66
Data de publicação2018-10-09
Open AccessNão
TipoCHAPTER
PeriódicoMonetary Plurality in Local, Regional and Global Economies (SOURCE_BOOK)
EditoraRoutledge (PUBLISHER • GB)
DOI10.4324/9781315272238-3
OpenAlexW2739182977
ISBN9781315272238
IdiomaEN
Citações recebidas7

This chapter looks at accounting for the dramatic plurality of money through the discussion of a conceptual framework built on Polanyian writings. It discusses the requirements for a relevant typology, followed by Polanyi's distinction between all-purpose money and special-purpose money. Three ideal types of moneys are then outlined: public, business and associative moneys, depending on the nature of their issuer: political entities, companies or associations. Polanyi's discussion of the forms of economic integration brings out the major criteria for understanding money systems in their complexity and hybridisation. The three ideal types are used in the light of this conceptual framework so as to take into account a variety of cases within the contemporary multiplicity of moneys. The integration forms are 'instituted processes' that confer 'unity and stability' on economic processes and the main forms are reciprocity, redistribution and exchange.

Business · Electrical engineering · Sense (electronics) · Economic Theory and Policy · Engineering · Political Economy and Marxism

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