Abstract
Financial derivatives are not usually seen as money. Often, they are not seen at all, but when they are, they are simply classified as financial assets and liabilities, and often as objects of speculation, somehow outside of ‘money’. Presumably this is because money has become synonymous with nation-state money, and derivatives are certainly not that.
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© 2006 Dick Bryan and Michael Rafferty
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Bryan, D., Rafferty, M. (2006). New, Global, Capitalist Money. In: Capitalism with Derivatives. Palgrave Macmillan, London. https://doi.org/10.1057/9780230501546_6
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DOI: https://doi.org/10.1057/9780230501546_6
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-51863-0
Online ISBN: 978-0-230-50154-6
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)