Financial Mechanisms for Innovative Social and Solidarity Economy Ecosystems

Warum Kapitalismus und eine sozial-ökologische Transformation aus marxistischer Perspektive nicht einvereinbar sind.

This paper attempts to clarify how the European economic crisis from 2007 onwards can be understood from the perspective of a Marxian monetary theory of value that emphasizes intrinsic, structural flaws regarding capitalist reproduction. Chapter two provides an empirical description of the European economic crisis, which to some extent already reflects the structural theoretical framework presented in chapter three. Regarding the theoretical framework Michael Heinrich's interpretation of 'the' Marxian monetary theory of value will be presented. Heinrich identifies connections between production and realization, between profit and interest rate as well as between industrial and fictitious capital, which represent contradictory tendencies for which capitalism does not have simple balancing processes. In the context of a discussion of 'structural logical aspects' of Marx's Critique of the Political Economy, explanatory deficits of Heinrich's approach are analyzed. In the following, it is argued that Fred Moseley's view of these 'structural logical aspects' allows empirical 'applications' of Marxian monetary theories of value. It is concluded that a Marxian monetary theory of value, with the characteristics of expansive capital accumulation and its limitations, facilitates a structural analysis of the European economic crisis from 2007 onwards. In this line of argument, expansive production patterns are expressed, among other things, in global restructuring processes, while consumption limitations are mitigated by expansive financial markets and shifts in ex-port destinations.

Économie de l’environnement, des ressources naturelles, du développement durable, green economics, sustainability science, bioéconomie, écodéveloppement : nombreux sont les disciplines et les concepts qui croisent considérations environnementales et économiques. On revient ici sur l’économie écologique, qui a réussi à investir le champ académique et à démultiplier les débats.

The video presents different ways of how to measure the money supply and thereby explains the differences between M0, M1 and M2.

Auf dieser interaktiven Webseite werden die Hintergründe und Ursachen der Finanz- und Wirtschaftskrise präsentiert.

Ein Kurzfilm, der den heutigen Stand der Wirtschaft aus einer Care-Perspektive mit kleinen Gedankenspielen hinterfragt und mit einem Blick in die Vergangenheit zeigt, wie es zum jetzigen Wirtschaftsverständnis gekommen ist.