{"title":"Issues in financing economic development","authors":"V. Sirotkin","doi":"10.37930/1990-9780-2021-4-70-63-68","DOIUrl":null,"url":null,"abstract":"The special aspects of modern financial capitalism are under analysis, infinite profit-seeking in particular. What is called economic development is shown to be fueled and stimulated by continuous money issuance. The ruling credit-and-monetary institutions that determine cash flow in society are a main source of inequality when it comes to wealth distribution.","PeriodicalId":339095,"journal":{"name":"Economic Revival of Russia","volume":"42 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economic Revival of Russia","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.37930/1990-9780-2021-4-70-63-68","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
The special aspects of modern financial capitalism are under analysis, infinite profit-seeking in particular. What is called economic development is shown to be fueled and stimulated by continuous money issuance. The ruling credit-and-monetary institutions that determine cash flow in society are a main source of inequality when it comes to wealth distribution.