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Money is power. It shapes our world in ways that can leave the mind reeling. Indeed, the bank crisis and subsequent recession made clear the influence that it has over our lives. Yet despite this, money remains an opaque and abstract space, with its own language and gatekeepers to knowledge. As citizens we are required to support the profit-seeking strategies of banks and other financial institutions but we are not supposed to question those strategies, the logic that underpins them, nor the unequal power relations that envelop its world. This book seeks to do precisely that. It explains and questions the world of money, and does so in an Irish context. It then puts forward ways for progressives to come together and work for a better and more inclusive Ireland -- one where the money system works for public cohesion over private accumulation. It will argue that money is a social technology, one that underpins a complex system of social relations, and the ownership and control of that technology gives those who hold it enormous social, economic and political power. It will show that there is a class in Ireland that has carved out a niche for itself within that system at a national and international level, and that class is deeply embedded in the institutions of the State. It will put forward alternatives that involve facing up to both the deep economic class divisions within Irish society and the gendered nature of economic inequality, as well as working collectively to transform the institutions and ideas which sustain and reproduce those divisions. Dr Conor McCabe is a research associate with UCD Equality Studies Centre. He has written extensively on Irish finance and is involved in activist education, working with political, trade union, and community groups in both the Republic of Ireland and Northern Ireland.

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This is an excerpt from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the complete work cover the broad themes of economic theory. This extract concentrates on money.

Cover -- Title Page -- Copyright -- Contents -- Introduction -- 1. Money Laundering Explained -- 2. How Banks Facilitate International Money Laundering Schemes -- 3. Money Laundering Is Common in Iran -- 4. Ethiopia Has Problems with Money Laundering Because of Illicit Cash -- 5. Terrorists Finance Their Operations Using Shell Companies -- 6. How Japan Fights Money Laundering in Cryptocurrency Exchange -- 7. Criminals Use Large Banks Around the World to Launder Money -- 8. Drug Trafficking and Money Laundering -- 9. Money Laundering in Online Gambling -- 10. Cryptocurrency Scams Pass as Legitimate Businesses -- 11. Money Laundering May Be Easier in the Digital World -- 12. The European Union Backs Stronger Anti-Money Laundering Laws -- 13. Global Action Needed Against Money Laundering -- 14. Internal Revenue Service Law Helps Stop Money Laundering -- 15. Time to Root Out Money Laundering in Global Trade -- 16. Anti-Money Laundering Policies Unintentionally Punish Poor Countries -- 17. Global Anti-Money Laundering Efforts Fail to Stop Crime -- 18. Effective Anti-Money Laundering Procedures Must Be Enforced and Scrutinized -- Organizations to Contact -- Bibliography -- Index -- Back Cover.