Corporate and social transformation of money and banking: breaking the serfdom
In: Palgrave Macmillan studies in banking and financial institutions
In: Palgrave Macmillan studies in banking and financial institutions
The mono-financial system of the traditional banking sector has become increasing 'divorced' from the real economy, but equally the real economy has evolved to something new that is not well served by the traditional banking sector mindset. This book provides new insights into the dynamics taking place in the financial system. We are in the throws of a 6th Kondratieff cycle, or Information Revolution, which similar to the Industrial Revolution, is changing fundamental physical and social structures in society. This book provides complementary theoretical bases (from Marx to Hayek) for examining the changes, along with empirical examples, and identifies how the serfdom to the mono-financial system can be broken within the Information Revolution. Activity by a range of non-banks, including technological, social and corporate entities is well placed to provide real competition to the banking sector.
In: Palgrave Macmillan studies in banking and financial institutions
Englisch
Palgrave Macmillan
9780230298972, 0230298974, 1282999206, 9781282999206, 9780230275942, 023027594X, 9781349325030, 1349325031
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