Focuses on the theoretical and political issues of the relationship between money and the state raised by the crisis of Keynesianism and the rise of monetarism. Discussion of the politics of global debt has mainly gone forward in connection with so-called debtor countries. The research into the political constitution of money throws light on the political significance of global debt for monetarist policies in Britain. On the basis of a formulation of Marxist theory, the study locates different policy areas in terms of an accommodation of the British state to the enormously increased volatility of British money.
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Höhe: 159 mm
Breite: 224 mm
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ISBN-13
978-1-85521-377-7 (9781855213777)
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Schweitzer Klassifikation
Part 1: Marxist approaches to "Thatcherism"; form of presentation. Part 2 Form and content of the capitalist state: social form and difference-in-unity of the political and the economic; social constitution and the form of the capitalist state; money, crisis and the state. Part 3 Crisis of accumulation: the implications of the money power of capital for the state; the social contract. Part 4 The development of the state under the Thatcher governments: the MTFS and the productive and disruptive power of labour; trade union policy; decomposition of class and welfare policies. Part 5 Summary: monetarism and class.
