This book considers credit systems in the era of financialization and the erosion of state sovereignty in financial matters. Applying Marx's political economy and Post-Keynesian endogenous money theory to case studies from the UK and Germany, it argues that the best explanation for these phenomena can be found in the systemic drivers of capitalism.
This book considers credit systems in the era of financialization and the erosion of state sovereignty in financial matters. Applying Marx's political economy and Post-Keynesian endogenous money theory to case studies from the UK and Germany, it argues that the best explanation for these phenomena can be found in the systemic drivers of capitalism.