To explain the pronounced instability of the world economy since the
1970s, the book offers an important and systematic theoretical
examination of money and finance. It re-examines the classical
foundations of political economy and the creator of money. It assesses
all of the important theoretical schools since then, including Marxist,
Keynesian, post-Keynesian and monetarist thinkers. By presenting
important insights from Japanese political economy previously ignored in
Anglo-Saxon economics, the authors make a significant contribution to
radical political economy based on a thorough historical analysis of
capitalism.