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Making Sense of the Plurality of Money : A Polanyian Attempt

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  • Jérôme Blanc

    (TRIANGLE - Triangle : action, discours, pensée politique et économique - ENS de Lyon - École normale supérieure de Lyon - Université de Lyon - UL2 - Université Lumière - Lyon 2 - IEP Lyon - Sciences Po Lyon - Institut d'études politiques de Lyon - Université de Lyon - UJM - Université Jean Monnet - Saint-Étienne - CNRS - Centre National de la Recherche Scientifique, IEP Lyon - Sciences Po Lyon - Institut d'études politiques de Lyon - Université de Lyon)

Abstract

This paper aims at accounting for the dramatic plurality of money through the discussion of a conceptual framework built on Polanyian writings. Three ideal types are built: public money, business money and associative money. This typology is enriched by Polanyian concepts, which are discussed and adapted for this purpose: first, the distinction between all-purpose money and special-purpose money; second, his distinction between three or four forms of integration, here called exchange, redistribution, reciprocity and communal sharing. The whole helps understanding the complexity of real cases, starting with our ordinary money, and especially emphasizing the contemporary diversity of associative moneys.
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Suggested Citation

  • Jérôme Blanc, 2017. "Making Sense of the Plurality of Money : A Polanyian Attempt," Post-Print halshs-02023680, HAL.
    • Handle: RePEc:hal:journl:halshs-02023680
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    Cited by:

    1. Oriane Lafuente-Sampietro, 2021. "The multiplier effect of convertible local currencies : case study on two French schemes," Working Papers halshs-03324625, HAL.
    2. Jérôme Blanc, 2018. "Tensions in the triangle: monetary plurality between institutional integration, competition and complementarity," Evolutionary and Institutional Economics Review, Springer, vol. 15(2), pages 389-411, December.
    3. Svartzman, Romain & Dron, Dominique & Espagne, Etienne, 2019. "From ecological macroeconomics to a theory of endogenous money for a finite planet," Ecological Economics, Elsevier, vol. 162(C), pages 108-120.
    4. Camille Meyer & Marek Hudon, 2019. "Money and the Commons: An Investigation of Complementary Currencies and Their Ethical Implications," Journal of Business Ethics, Springer, vol. 160(1), pages 277-292, November.

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