Suchergebnisse

The question: 'What would be the best way to use ten million dollars?' leads to many other questions when related to anti-trafficking work.What should the money be spent on? Who should be appointed to spend the money? And, perhaps most importantly, who should be the beneficiaries? In other words, are the ten million dollars to prevent trafficking of people meant for activities to stop smuggling of people, to stop unwanted migrants, or to protect and uphold people's rights when they move across borders and need to be protected from trafficking? Would the money be best spent on anti-trafficking work, or would it be better spent on strengthening the rights of all migrants to minimise the risk of trafficking?

In this article in the symposium on Costa Lapavitsas Social Foundation of Money, Market, & Credit, the author asserts that money does matter in capitalist society, & frames the thematic question of how money in capitalism differs from non-capitalist money. The development of fiat money in the form of derivatives is explored as a means for trading risk or hedging. Analysis of the social relations mediated by money explores the Marxist limitation of a theory of power & trust, & Lapavitsas reconciliation of that limitation by theorizing the dominance of fiat money. A shift to the global level is argued to distinguish the differences between gold & fiat money, & the resultant break between money & capital, & supports the conclusion that derivatives are distinctly capitalist money that embody the process of competition & accumulation. References.