Book review: Ann E. Davis, Money as a Social Institution: The Institutional Development of Capitalism (Routledge, New York, NY, USA 2017) 208 pp.
  • 1 Universidad Nacional Autónoma de México (UNAM), Mexico City, Mexico

Based on the work of J.R. Searle, M. Foucault, K. Marx, and J.M. Keynes, Ann Davis considers money to be a social institution, and this institution and its effects on other institutions depend on place and time. This book on money focuses on the liberal state that arose in the thirteenth century but was consolidated several centuries later and is grounded in the use of money, private property, and the corporation's domination of the process of production and circulation.

For Davis, money is a symbol that allows certain things to be done in a society, given some specific knowledge. Also,

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