Social Sciences
8 years ago

Marx's theory of money debunked: implications for global economic systems.

Palgrave Macmillan UK eBooks
Marx’s Anti-Quantity Theory of Money: A Critical Evaluation
Pichit Likitkijsomboon

Paper Summary

Marx's theory of money development goes from accidental to gold money, then to general capital form and fictitious capital. His anti-quantity theory of money is important but incomplete and has logical flaws.

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