From gold money to fictitious money
ABSTRACT In the nineteenth century, money appear primarily as gold. In the twenty-first century, it appears as strictly fiduciary money. It is known that Marx said very clearly that the golden money was the effective basis of the monetary and credit system. Had the historical development finally sho...
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Format: | Article |
Language: | English |
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Editora 34
2016-03-01
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Series: | Brazilian Journal of Political Economy |
Subjects: | |
Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572016000100014&lng=en&tlng=en |
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author | ELEUTÉRIO F. S. PRADO |
author_facet | ELEUTÉRIO F. S. PRADO |
author_sort | ELEUTÉRIO F. S. PRADO |
collection | DOAJ |
description | ABSTRACT In the nineteenth century, money appear primarily as gold. In the twenty-first century, it appears as strictly fiduciary money. It is known that Marx said very clearly that the golden money was the effective basis of the monetary and credit system. Had the historical development finally shown that his theory of value and money would be false? Marxists have struggled continually with this problem. This paper tries to show that exist a simple and good answer to this crucial question. It comes just developing a little the dialectics of commodities and money found on Marx's Capital. |
first_indexed | 2024-12-20T04:54:05Z |
format | Article |
id | doaj.art-49bf5d2f75dc4362b64c782280cd94f3 |
institution | Directory Open Access Journal |
issn | 1809-4538 |
language | English |
last_indexed | 2024-12-20T04:54:05Z |
publishDate | 2016-03-01 |
publisher | Editora 34 |
record_format | Article |
series | Brazilian Journal of Political Economy |
spelling | doaj.art-49bf5d2f75dc4362b64c782280cd94f32022-12-21T19:52:46ZengEditora 34Brazilian Journal of Political Economy1809-45382016-03-01361142810.1590/0101-31572016v36n01a02S0101-31572016000100014From gold money to fictitious moneyELEUTÉRIO F. S. PRADOABSTRACT In the nineteenth century, money appear primarily as gold. In the twenty-first century, it appears as strictly fiduciary money. It is known that Marx said very clearly that the golden money was the effective basis of the monetary and credit system. Had the historical development finally shown that his theory of value and money would be false? Marxists have struggled continually with this problem. This paper tries to show that exist a simple and good answer to this crucial question. It comes just developing a little the dialectics of commodities and money found on Marx's Capital.http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572016000100014&lng=en&tlng=endinheiro-ourodinheiro fiduciáriodinheiro fictíciovalor-trabalhocapital financeiro |
spellingShingle | ELEUTÉRIO F. S. PRADO From gold money to fictitious money Brazilian Journal of Political Economy dinheiro-ouro dinheiro fiduciário dinheiro fictício valor-trabalho capital financeiro |
title | From gold money to fictitious money |
title_full | From gold money to fictitious money |
title_fullStr | From gold money to fictitious money |
title_full_unstemmed | From gold money to fictitious money |
title_short | From gold money to fictitious money |
title_sort | from gold money to fictitious money |
topic | dinheiro-ouro dinheiro fiduciário dinheiro fictício valor-trabalho capital financeiro |
url | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572016000100014&lng=en&tlng=en |
work_keys_str_mv | AT eleuteriofsprado fromgoldmoneytofictitiousmoney |