La moneta come riserva di valore

A ogni funzione la sua ontologia e la sua metafisica

Abstract

Throughout history, money is mainly defined in terms of three functions: as a unit of account, as a medium of exchange, as means of payment. In 19th and 20th centuries a new function was added and money was also described as a store of value. Money assumes the fundamental role to connect debts and credits, as John M. Keynes argued. This function – which is analysed in this article – introduced time as a crucial element in economics. Money as store of value is a key function to understand financial capitalism, which is based on the relation between debts and credits. At the same time, the concept of money and the concept of gift share certain similarities, as both follow the cycle of imbursement and reimbursement. 

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Digital edition for purchase published by Editrice Morcelliana (external link), © 2019 Editrice Morcelliana.
Print edition for purchase published by Editrice Morcelliana (ISSN 2239-6098; ISBN 978-88-372-3325-9; external link), © 2019 Editrice Morcelliana.