The Violence of Money (Excerpt): Monetary Crises

Book section: In keeping with the dual nature of the monetary relationship, crises may take on two polar-opposite forms: the resurgence of either centralising or fragmenting trends. Both also upset the fragile balance that the hierarchised system has brought about. But, contrary to what a casual inspection might suggest, the two processes are not symmetrical.

Author(s)

Michel Aglietta, André Orléan

Publisher(s)
  • Palgrave
Scientific editor(s)
  • Pierre Alary
  • Jérôme Blanc
  • Ludovic Desmedt
  • Bruno Théret
Title of the work
  • Institutionalist Theories of Money. An Anthology of the French School
Date of publication
  • 2020
Pages
  • 27-66
Version
  • 1