Suchergebnisse

In the Western interpretation of democracy, governments exist in order to manage relations of property, with absence of property ownership leading to exclusion from participation in governance and, in many cases, absence of equal treatment before the law. Democratizing money will therefore ensure equal opportunity to the ownership of property, and thus full participation in the democratic governance of society, as well as equal access to the banking system, which finances the creation of capital via the creation of money. If the divergence between capital and labor-between rich and poor-is explained by the monopoly access of capitalists to finance, then reducing this divergence is crucially dependent on the democratization of money. Though the role of money and finance in determining inequality between capital and labor transcends any particular understanding of the process by which the creation of money leads to inequity, specific proposals for the democratization of money will depend on the explanation of how money comes into existence and how it supports capital accumulation.

The aim of this paper is to offer a general overview of money transfers in Italy and Europe focusing specifically on the migrant community. This is of particular interest because it's in that community where money transfers are most prevalent. This shows the money transfer system as a tool that could guarantee the financial inclusion of migrants but at the same time being used in a distorted and unlawful manner. After a brief introduction focused on working principles and legal frameworks, the paper will go deeper in evaluating money transfer data. This data, which comes from various legal authorities, will show the extent to which different migrant communities who reside in Italy are able to carry out illicit activity using money transfers. It will also highlight the existence of legislative inconsistencies through a case by case approach. This paper shows the reason why people find it relatively easy to use money transfers to launder money, or in a more broader sense, take part on other illicit financial operations such as financing terrorism. This work will examine recent Italian criminal cases concerning the unlawful use of money transfers. This paper is the original work of the author and has not been submitted elsewhere for publication.

The issue of money looms large in American politics. A series of Supreme Court decisions have cleared the way for corporations and rich donors to pour money into the political system. Proponents of current campaign finance laws argue that it's their right to donate money. Opponents see unlimited corporate money as a threat to democracy itself. This important volume examines the role that money plays in politics and the arguments for and against the status quo.