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  • 标题:The Financial Crisis and the End of All-Purpose Money
  • 本地全文:下载
  • 作者:Keith Hart
  • 期刊名称:Economic Sociology : the European Electronic Newsletter
  • 印刷版ISSN:1871-3351
  • 出版年度:2011
  • 卷号:12
  • 期号:2
  • 出版社:Max Planck Institute for the Study of Societies
  • 摘要:By taking a broader view of money than its current identification with finance, I aim to historicize the present by placing it within a long-term process of social development, in the process offering a new explanation for our economic problems. I take the financial crisis to mean the fall of Lehman Brothers in September 2008 and the subsequent attempts of leading governments to stave off economic collapse by using taxpayers’ money to save the banks. Now that their capacity to print new money has been almost exhausted, the world is in the grip of a growing sovereign debt crisis where several minor European countries may be followed by the default of Japan, Britain or even the United States. This is a turning point. Its denouement may be global depression, world war, fascism or democratic revolution, but eventually the contours of a new era for the world will become clearer. One way of approaching this moment of transition is to ask not what is beginning, but what is ending. This is not straightforward either.
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