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Conclusion: Money and Class Struggle

In: Global Capital, National State and the Politics of Money

Author

Listed:
  • Werner Bonefeld
  • John Holloway

Abstract

It can’t be defended except as mob rule. Maybe the country doesn’t know it yet, but I think we may find that we’ve been in a revolution more drastic than the French Revolution. The crowd has seized the seat of government and is trying to seize the wealth. Respect for law and order is gone (Bernard Baruch’s comment on Roosevelt’s abandonment of the Gold Standard in 1933, quoted in Schlesinger, 1959, p. 202).

Suggested Citation

  • Werner Bonefeld & John Holloway, 1996. "Conclusion: Money and Class Struggle," Palgrave Macmillan Books, in: Werner Bonefeld & John Holloway (ed.), Global Capital, National State and the Politics of Money, chapter 9, pages 210-227, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-14240-8_9
    DOI: 10.1007/978-1-349-14240-8_9
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    Cited by:

    1. Özgün Sarımehmet Duman, 2014. "A theoretical framework for the analysis of the current global economic crisis: The financial market and the real economy," The Economic and Labour Relations Review, , vol. 25(2), pages 240-252, June.

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