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Time of production, time of circulation and turnover time: exploring the guts of Marx’s circuits of capital

In: Monetary Economies of Production

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  • Mathew Forstater

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

  • Mathew Forstater, 2013. "Time of production, time of circulation and turnover time: exploring the guts of Marx’s circuits of capital," Chapters, in: Louis-Philippe Rochon & Mario Seccareccia (ed.), Monetary Economies of Production, chapter 4, pages 33-40, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:14862_4
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    References listed on IDEAS

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    1. Harcourt,G. C., 1972. "Some Cambridge Controversies in the Theory of Capital," Cambridge Books, Cambridge University Press, number 9780521096720.
    2. Warren Mosler, 1995. "Soft Currency Economics," Macroeconomics 9502007, University Library of Munich, Germany.
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