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外文期刊>Critique: Journal of Socialist Theory
>Can Sequential and Non-Dualistic Interpretation of Marx's Monetary Thought be Synthesized with the Post-Keynesian Endogenous Money Paradigm?
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Can Sequential and Non-Dualistic Interpretation of Marx's Monetary Thought be Synthesized with the Post-Keynesian Endogenous Money Paradigm?
This article first explores mainstream and Keynesian (synthesis) monetary theories and concludes that they present a poor reflection of real-life conditions. The paper then outlines Marx's monetary theory, as understood by the temporal single-system interpretation, as an appropriate model to adopt for the future. The rest of the paper presents the view that endogenous credit-money entities, espoused by Circuitists and Post-Keynesians, could be added to this model, rather than the use of the usual commodity (gold) money.View full textDownload full textKeywordsMarx, Monetary Theory, Temporal Single System Interpretation, Endogenous Money ParadigmRelated var addthis_config = { ui_cobrand: "Taylor & Francis Online", services_compact: "citeulike,netvibes,twitter,technorati,delicious,linkedin,facebook,stumbleupon,digg,google,more", pubid: "ra-4dff56cd6bb1830b" }; Add to shortlist Link Permalink http://dx.doi.org/10.1080/03017605.2011.561629
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