1. The Theory Of Money And The Theory Of Value
... governs where within those boundaries the value of money settles. If gold appears only as a last resort within a system of promises to pay value, then we particularly need to know what processes govern the motion of the value of money itself. The answer to these questions, in the case of well- developed capitalist systems of production, lies in the analysis of the reproduction and accumulation of capital itself. The value of money varies as the prices of produced commodities rise and ... fall. Pricing of commodities, in turn, is one of the central strategic decisions of capitalist firms...
- Word Count: 5092
- Approx Pages: 20
- Grade Level: Undergraduate