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Aggiungi al carrelloPaperback. Condizione: New. Contemporary capitalism produces more and more money, debt, and inequality. These three trends have a common cause: the privilege of private banks to create money by means of accounting - by the stroke of a key. Why was this privilege not addressed politically for so long - and who benefited from it? At the heart of the answer lies the realization that the power to create money has been hidden by the way we commonly think and talk about capitalism. The book traces the omission of money creation from theories of capitalism and maps its consequences. By expanding the manoeuvring space for the banks to use their privilege, the capitalist countries have financed a transformation of the economy known as financialization. As a result, the real economy and private households became a debt supplier to a monetary system whose returns accumulate at the top. It is not simply "the markets" but money itself that transfers economic benefits from the masses to a minority. Increasing inequality of income and wealth can therefore only be combated if one does not only correct distributive results of markets-redistribution-, but addresses predistribution: the modalities of money creation.
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Paperback. Condizione: New. Contemporary capitalism produces more and more money, debt, and inequality. These three trends have a common cause: the privilege of private banks to create money by means of accounting - by the stroke of a key. Why was this privilege not addressed politically for so long - and who benefited from it? At the heart of the answer lies the realization that the power to create money has been hidden by the way we commonly think and talk about capitalism. The book traces the omission of money creation from theories of capitalism and maps its consequences. By expanding the manoeuvring space for the banks to use their privilege, the capitalist countries have financed a transformation of the economy known as financialization. As a result, the real economy and private households became a debt supplier to a monetary system whose returns accumulate at the top. It is not simply "the markets" but money itself that transfers economic benefits from the masses to a minority. Increasing inequality of income and wealth can therefore only be combated if one does not only correct distributive results of markets-redistribution-, but addresses predistribution: the modalities of money creation.
Paperback. Condizione: new. Paperback. Contemporary capitalism produces more and more money, debt, and inequality. These three trends have a common cause: the privilege of private banks to create money by means of accounting - by the stroke of a key. Why was this privilege not addressed politically for so long - and who benefited from it? At the heart of the answer lies the realization that the power to create money has been hidden by the way we commonly think and talk about capitalism. The book traces the omission of money creation from theories of capitalism and maps its consequences. By expanding the manoeuvring space for the banks to use their privilege, the capitalist countries have financed a transformation of the economy known as financialization. As a result, the real economy and private households became a debt supplier to a monetary system whose returns accumulate at the top. It is not simply the markets but money itself that transfers economic benefits from the masses to a minority. Increasing inequality of income and wealth can therefore only be combated if one does not only correct distributive results of marketsredistribution, but addresses predistribution: the modalities of money creation. Money creation makes the world go round Shipping may be from multiple locations in the US or from the UK, depending on stock availability.
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Aggiungi al carrelloPaperback. Condizione: new. Paperback. Contemporary capitalism produces more and more money, debt, and inequality. These three trends have a common cause: the privilege of private banks to create money by means of accounting - by the stroke of a key. Why was this privilege not addressed politically for so long - and who benefited from it? At the heart of the answer lies the realization that the power to create money has been hidden by the way we commonly think and talk about capitalism. The book traces the omission of money creation from theories of capitalism and maps its consequences. By expanding the manoeuvring space for the banks to use their privilege, the capitalist countries have financed a transformation of the economy known as financialization. As a result, the real economy and private households became a debt supplier to a monetary system whose returns accumulate at the top. It is not simply the markets but money itself that transfers economic benefits from the masses to a minority. Increasing inequality of income and wealth can therefore only be combated if one does not only correct distributive results of marketsredistribution, but addresses predistribution: the modalities of money creation. Money creation makes the world go round Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability.
Lingua: Tedesco
Editore: Hamburger Edition Sep 2017, 2017
ISBN 10: 3868543155 ISBN 13: 9783868543155
Da: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, Germania
EUR 12,00
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Aggiungi al carrelloBuch. Condizione: Neu. Neuware -Das Weltvermögen beträgt derzeit ca. 256 Billionen US-Dollar und ist damit gut 800 Mal so groß wie der Staatshaushalt der Bundesrepublik Deutschland. Dagegen stehen 152 Billionen Dollar Privatschulden. Aaron Sahr beleuchtet das Dreieck von Privatvermögen, Schulden und ökonomischer Ungleichheit und stößt dabei im »Maschinenraum des Kapitalismus« auf eine paraökonomische Quelle der Vermögensbildung: das Geldschöpfungsprivileg privater Banken. Sie produzieren heute Geld aus dem Nichts durch einfachen Tastendruck. Von diesem außergewöhnlichen Privileg profitiert vor allem eine Minderheit. Denn sie ist in der Lage, sich die Renditen des Tastendruck-Systems anzueignen. Es gilt zu verstehen, durch welche Kanäle diese Aneignung gelingt, was sie für unser Verständnis des Kapitalismus bedeutet und wie mit ihr umzugehen ist. 176 pp. Deutsch.