Financialisation and the limits of circuit theory

The theory of the monetary circuit aims to provide a highly stylised account of the workings of a modern monetary production economy. While there may have been a time when it succeeded in this aim, that time is over. The key development in the monetary sphere of capitalism over recent decades is the...

Full description

Bibliographic Details
Main Author: Photis Lysandrou
Format: Article
Language:English
Published: University of Edinburgh 2020-05-01
Series:Finance and Society
Online Access:http://financeandsociety.ed.ac.uk/article/view/4405