• Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Money as a Social Institution: The Institutional Development of Capitalism

Money as a Social Institution: The Institutional Development of Capitalism

Paperback

Series: Routledge Frontiers of Political Economy

EconomicsInvesting & Finance

ISBN10: 0367194147
ISBN13: 9780367194147
Publisher: Routledge
Published: Apr 18 2019
Pages: 194
Weight: 0.66
Height: 0.44 Width: 6.14 Depth: 9.21
Language: English

Money is usually understood as a valuable object, the value of which is attributed to it by its users and which other users recognize. It serves to link disparate institutions, providing a disguised whole and prime tool for the invisible hand of the market.

This book offers an interpretation of money as a social institution. Money provides the link between the household and the firm, the worker and his product, making that very division seem natural and money as imminently practical. Money as a Social Institution begins in the medieval period and traces the evolution of money alongside consequent implications for the changing models of the corporation and the state. This is then followed with double-entry accounting as a tool of long-distance merchants and bankers, then the monitoring of the process of production by professional corporate managers. Davis provides a framework of analysis for examining money historically, beyond the operation of those particular institutions, which includes the possibility of conceptualizing and organizing the world differently.

1 different editions

Also available

Also in

Economics