Die Transformation des Finanzkapitals

Abstract

Money seems to be both: public good and private commodity. This contradictory nature of money necessitates its careful management. Based on these arguments the recent developements concerning money and banking, primarily confined to the United States, are described.and analysed as the disintegration of the Fordist monetary regime. As a result of this process the private-commodity aspect of money was intensified. lt generated new private fonns of money which triggered acutc crises conditions at financial markets. To counteract these effects it is necessary to establish a new international monetary regime.