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The monetary conditions for growth: Parguez’s debt stability condition

In: Monetary Economies of Production

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  • Massimo Cingolani

Abstract

The central focus of this book is the relationship between money, the sphere of production, and the State. It explores how best to adapt the fundamental ideas of the circulationist perspective to achieve a better understanding of the financialisation of the production processes within contemporary capitalist economies. Importantly, the expert contributors illustrate that the true challenge ahead is to address how these new emerging forms can be eventually tamed, a challenge that the recent financial crisis has forcefully proven essential.

Suggested Citation

  • Massimo Cingolani, 2013. "The monetary conditions for growth: Parguez’s debt stability condition," Chapters, in: Louis-Philippe Rochon & Mario Seccareccia (ed.), Monetary Economies of Production, chapter 14, pages 205-234, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14862_14
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    1. Riccardo Bellofiore & Joseph Halevi, 2010. "Could Be Raining," International Journal of Political Economy, Taylor & Francis Journals, vol. 39(4), pages 5-30.
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    Economics and Finance;

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