The major French economist offers a new theory of money

Major French economist Michel Aglietta proposes a new understanding of the history of money and power, positing that where confidence in money is not maintained, crises typically follow.

Praise for A Theory of Capitalist Regulation:

“One of the most important and stimulating books in Marxian political economy for many years.”
—Capital and Class

“Regulation Theory’s founding statement.”
—Robert Brenner, New Left Review

“Writing within the particularly vigorous discourse of contemporary French Marxism, Aglietta confirms the increasing interest of European Marxists in all aspects of US history and social development.”
—Mike Davis