ISBN:
9783658451769
Language:
English
Pages:
1 Online-Ressource (XVII, 277 p. 17 illus., 6 illus. in color.)
Series Statement:
Springer Studies in Alternative Economics
Uniform Title:
Ökonomik als Sozialwissenschaft
Parallel Title:
Erscheint auch als
Parallel Title:
Erscheint auch als
Parallel Title:
Erscheint auch als
Parallel Title:
Erscheint auch als Dietz, Raimund, 1944 - Economics as a social science
DDC:
330.15
Keywords:
Schools of economics.
;
Macroeconomics.
;
Economics.
;
sovereign money
;
heterodox economics
;
instrumentalismus
;
money creation
;
central banking
;
liberalism
;
socialism and central planning
;
capitalism
;
fractional reserve banking
;
exchange
;
neoclassical economics
;
Geldtheorie
;
Finanzpolitik
;
Geldpolitik
;
Vollgeld
;
Währungssystem
;
Geldentstehung
Abstract:
Chapter 1. Introduction -- Chapter 2. Society -- Chapter 3. Value Theory -- Chapter 4. Exchange, Money, Society -- Chapter 5. Money -- Chapter 6. Money and "Socialism" -- Chapter 7. Summary: Or, What's New Here?.
Abstract:
This book explores the separation of economics from the social sciences. Raimund Dietz attributes this development to the adoption of a too narrow, instrumentalist perspective and demonstrates how close the mainstream is to the idea of a socialist planned economy, despite all its liberal phraseology. The book attempts to comprehensively reconstruct economics as catallactics, explicitly including and assigning a central role to liberal forms of socialization, such as exchange and money – an approach that, it argues, is the only way to overcome the methodological deficits of the mainstream. It allows monetary theory to be integrated into economic theory. Further, the book shows that modern societies have no choice but to organize themselves as capitalist market economies. For good economic reasons, money has lost its physical value over the course of time and is now merely symbolic. As a result, the importance of the state has also grown. The author proposes that the power to create money should be consistently placed in the hands of the central bank. The book offers a transformative perspective that addresses the urgent need for sustainable resource management worldwide. It invites social scientists, policymakers, and especially economists to rethink economics and pursue a holistic approach to a more sustainable future. This book is a translation of an original German edition. The translation was done with the help of artificial intelligence (machine translation by the service DeepL.com). A subsequent human revision was done primarily in terms of content, so that the book will read stylistically differently from a conventional translation.
Note:
Translation from the German language edition: "Ökonomik als Sozialwissenschaft - Die Bürgergesellschaft und ihr Geld" by Raimund Dietz, © Springer Fachmedien Wiesbaden 2024
DOI:
10.1007/978-3-658-45176-9
