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Introduction: The Politics of Money

In: Global Capital, National State and the Politics of Money

Author

Listed:
  • Werner Bonefeld
  • John Holloway

Abstract

The neo-liberal retreat from the state which has shaped politics in nearly all countries of the world in recent years implies a change in the form in which power is exercised. The ‘retreat from the state’ has not, in general, reduced the role of the state or made society less bureaucratic, but it has meant a direct (re-)commodification of many aspects of social life. Many of our social needs which were previously provided by the state (at least in minimal form) are now transformed into objects of exchange. More and more, our access to so many things that previously did not depend entirely on the market — medical care, housing, education, transport, not to mention the ‘luxuries’ of holidays, food and drink — depends directly on how much money we have. Money has risen to a new prominence in our daily experience.

Suggested Citation

  • Werner Bonefeld & John Holloway, 1996. "Introduction: The Politics of Money," Palgrave Macmillan Books, in: Werner Bonefeld & John Holloway (ed.), Global Capital, National State and the Politics of Money, chapter 1, pages 1-6, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-14240-8_1
    DOI: 10.1007/978-1-349-14240-8_1
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