Modern Money and the Rise and Fall of Capitalist by Jongchul Kim PAPERBACK

Taylor & Francis Ltd

Modern Money and the Rise and Fall of Capitalist FinanceThe Institutionalization of Trusts, Personae and Indebtedness\nAuthor(s): Jongchul Kim\nFormat: Paperback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9780367510503, 978-0367510503\nSynopsis\nModern Money and the Rise and Fall of Capitalist Finance examines the true nature of modern money and seeks ideas for an alternative economic system for a just society.\n\nThis book suggests that adopting the ideas and institutions of a trust allowed personae to be combined with creditor-debtor relations and, by doing so, led to the evolution of modern money. This also helps explain why modern banking arose in England rather than continental Europe, by conceptualizing modern money as a trust and investigating the inseparable relationship between personae and modern money, because it is more than creditor-debtor relations - it takes the form of a trust. \n\nIn explaining how the capitalist credit-money e.