Economic Theory in the 21st Century

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Economic Theory in the 21st Century

Towards a Renewed Understanding of Money and Capital from a System-wide Perspective

Economics Macroeconomics

Author: Dirk Kaiser

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Collection: Economics and Finance

Language: English

Published by: Springer Gabler

Published on: 28th August 2020

Format: LCP-protected ePub

Size: 1 Mb

ISBN: 9783658306397


Criticism of capitalism

“Criticism of capitalism“ – is it really politically fair and theoretically sound to address important politico-economic issues of our time by use of a terminology that still stems from the times of the Cold War? Money is the other topic. “Toward gold throng all, To gold cling all, Yes, all!” In times of money, which is intrinsically worthless and may therefore be provided in arbitrary amounts by a society, is it really adequate that we still (like Goethe did for gold) regard these petty paper slips as the scarcest resource of them all?

In this book, Kaiser provides the reader with surprisingly new insights into the fascinating phenomena of capital and money.

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