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When wolves cry ‘wolf’: systemic financial crises and the myth of the Danaid Jar

In: Monetary Economies of Production

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  • Thomas Ferguson
  • Robert Johnson

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

  • Thomas Ferguson & Robert Johnson, 2013. "When wolves cry ‘wolf’: systemic financial crises and the myth of the Danaid Jar," Chapters, in: Louis-Philippe Rochon & Mario Seccareccia (ed.), Monetary Economies of Production, chapter 7, pages 73-98, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14862_7
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    References listed on IDEAS

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