Global capital, national state, and the politics of money
By: edited by Werner Bonefeld and John Holloway.
Contributors: Bonefeld, Werner, 1960-; Holloway, John. 1947-
Publisher: St. Martin's; Macmillan Press; St. Martins Press
Published: 1995
Place of publication: New York
Language: eng
Number of pages: 232
Subjects: Capital; International finance; Marxian economics; National state
Description: The relationship between the state and money has changed radically since the breakdown of the Bretton Woods system, as a result of factors such as the floating of exchange rates, the deregulation of international money markets, the international debt crisis of the 1980s, the continued expansion of global debt and a growing dissociation between monetary and productive accumulation.

In this context it is important to reconsider the politics of 'money' and the relationship between the national state and the global economy. The contributors argue that the practical importance of monetarism and neo-liberalism in general derived not from its coherence as a doctrine but from the change in the relationship between states and international money, following the breakdown of Bretton Woods.

The essays in this book are all theoretical explorations of the new politics of world money and world debt.
Notes: Includes bibliographical references and index.