Generate QR code
Open Access
Subscription Access
Philosophical perspective on money (On the book by O. Bjerg “Making money. The philosophy of crisis capitalism”)
https://doi.org/10.32609/0042-8736-2020-3-129-140
Abstract
The work of the Danish sociologist O. Bjerg is among the few in recent years, which discusses the issues related to what money is in the modern world, what are its essence and origin. The book’s focus is on a philosophical approach to understanding the role of money in modern society and economy. The author of this book believes that mainstream economists have not yet been able to offer a universal theory of money, and that it is necessary to use other methodological approaches to determine what money is. In his book, Bjerg aims to formulate an original philosophical theory of money, with which he proposes to solve numerous problems of monetary theory with the help of philosophical concepts and categories. The book has a huge creative potential, motivating researchers to use the philosophical approach proposed by the author for the knowledge of money as an economic phenomenon.
About the Author
Alexander N. Dubianskii
Saint Petersburg State University
Russian Federation
St. Petersburg
Russian Federation
St. Petersburg
References
1. Aglietta M., Orlean A. (2006). La monnaie entre violence et confiance. Moscow: HSE Publ. (In Russian).
2. Bazulin Y. V. (2008). Origin and nature of money. St. Petersburg: Saint Peterburg University Publ. (In Russian).
3. Bolshakov O. G. (1971). Abu Hamid al-Gharnati’s journey to Eastern and Central Europe (1131—1153). Moscow: Glavnaya Redaktsiya Vostochnoy Literatury Izdatelstva “Nauka”. (In Russian).
4. Boldyrev I. A. (2011). Economic methodology today: A review of major contributions. Journal of the New Economic Association, No. 9, pp. 47—70. (In Russian).
5. Butorina O. V. (2016). About the origin of coins. Contemporary Europe, No. 3, pp. 124—135. (In Russian). https://doi.org/10.15211/soveurope32016131142
6. Butrin D. (2018). In his pockets again crunched. Kommersant, August 3. (In Russian).
7. Bjerg O. (2018). Making money. The philosophy of crisis capitalism. Moscow: Ad Marginem Press. (In Russian).
8. Graeber D. (2015). Debt: The first 5000 years. Moscow: Ad Marginem Press. (In Russian).
9. Dubyansky A. N. (2015). G. Knapp’s state theory of money: History and current perspectives. Voprosy Ekonomiki, No. 3, pp. 109—125. (In Russian). https://doi.org/10.32609/0042-8736-2015-3-109-125
10. Dubyansky A. N. (2017). Theory of money origin and cryptocurrencies. Russian Journal of Money and Finance, No. 12, pp. 97—100. (In Russian).
11. Zizek S. (2008). The parallax view. Moscow: Evropa. (In Russian).
12. Knapp G. F. (1913). Essays on the state theory of money. Odessa: Tipografiya A. P. Karlik. (In Russian).
13. Lacan J. (2011). The seminar, Book XX: Encore. Moscow: Gnosis, Logos. (In Russian).
14. Lawson T. (2003). Economics and reality. Neprikosnovennyy Zapas, No. 2 (28), pp. 5—17 (In Russian).
15. Marx K. (1973). Das Kapital, Vol. 1. Moscow: Politizdat. (In Russian).
16. Moiseev S. R. (2019). Hype around (non)monetary (non) theory. Voprosy Ekonomiki, No. 9, pp. 112—122. (In Russian). https://doi.org/10.32609/0042-8736-2019-9-112-122
17. Raskov D. (2008). Monetary reform of Alexey Mikhailovich and the problem of trust. St Petersburg University Journal of Economic Studies, No. 3, pp. 69—80. (In Russian).
18. Rogoff K. (2018). The curse of cash. Moscow: Gaidar Institute Publ. (In Russian).
19. Heidegger M. (2003). Sein und Zeit. Kharkov: Folio. (In Russian).
20. Bell S. (2001). The role of the state and the hierarchy of money. Cambridge Journal of Economics, Vol. 25, No. 2, pp. 149—163. https://doi.org/10.1093/cje/25.2.149
21. Humphrey C. (1985). Barter and economic disintegration. Man, Vol. 20, No. 1, pp. 48—72. https://doi.org/10.2307/2802221
22. Knapp G. F. (1905). Staatliche Theorie des Geldes. Leipzig: Duncker & Humblot.
23. Krugman P. (2019). Running on MMT (wonkish). The New York Times, 25 February.
24. Mosler W. (1997). Full employment and price stability. Journal of Post Keynesian Economics, Vol. 20, No. 2, pp. 167—182. https://doi.org/10.1080/01603477.1997.11490146
25. Nesiba R. (2013). Do institutionalists and post-Keynesians share a common approach to Modern Monetary Theory (MMT)? European Journal of Economics and Economic Policies: Intervention, Vol. 10, No. 1, pp. 44—60. https://doi.org/10.4337/ejeep.2013.01.05
26. Simmel G. (1900). Philosophie des Geldes. Leipzig: Duncker & Humblot.
27. Tcherneva P. (2005). The nature, origins, and role of money: Broad and specific propositions and their implications for policy (Working Paper No. 46). Kansas City, MO: Center for Full Employment and Price Stability.
28. Werner R. (2005). New paradigm in macroeconomics: Solving the riddle of Japanese macroeconomic performance. Basingstoke: Palgrave Macmillan.
29. Wray L. R. (1999). An irreverent overview of the history of money from the beginning of the beginning through to the present. Journal of Post Keynesian Economics, Vol. 21, No. 4, рр. 679—687. https://doi.org/10.1080/01603477.1999.11490222
Review
For citations:
Dubianskii A.N. Philosophical perspective on money (On the book by O. Bjerg “Making money. The philosophy of crisis capitalism”). Voprosy Ekonomiki. 2020;(3):129-140. (In Russ.) https://doi.org/10.32609/0042-8736-2020-3-129-140
Views:
1498
Email this article 
