| Title: | The Power of Money – The Money of Power |
| Author: | Hans-Jürgen Krysmanski |
| Publication: | Bulletin of the Transilvania University of Brașov. Series IV: Philology and Cultural Studies, 2, p. 223 |
| p-ISSN: | 2066-768X |
| e-ISSN: | 2066-7698 |
| Publisher: | Transilvania University Press |
| Place: | Brașov |
| Year: | 2009 |
| Abstract: | We live in a US-dominated phase of financial expansion, in which „an expanded mass of money capital sets itself free from the commodity form, and accumulation proceeds through financial deals.“ (Giovanni Arrighi). The money elite within the present cycle of financial expansion embodies the liberation of huge amounts of money and their transformation into forms of pure power. Once money has been set free from the commodity form, financial deals are just the first step on the road towards detaching money from the economic process all together. Money will be turned directly into social, cultural, political and military power – and, just as important, vice versa. |
| Key words: | Money, economics of power, money elite, power elite |
| Language: | English |
| Links: |  pdf  html |
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