Transnational Corporations in a Global Monetary Theory of Production: A World-Systems Perspective

Transnational Corporations in a Global Monetary Theory of Production: A World-Systems Perspective

Blog Article

In this paper, I argue that it is possible to USB External HDD Enclosures enrich world-systems analysis with a heterodox Keynesian monetary theory of production known as the Theory of Money Emissions, based on the views put forward by the French economist Bernard Schmitt.In the aftermath of the global financial crisis, I aim to rehabilitate and adapt the old Keynesian proposal of an international clearing union to the Goldenseal modern world-system by providing a rationale behind a common world currency and a renewed perspective on money and transnational production.