Rethinking money
Résumé
This chapter shows that money is more than a purely economic instrument and has consequences for the whole of society. It identifies three perspectives that better reflect the complexity of money : a macroeconomic perspective, based on the post-Keynesian endogeneity of money; an institutionalist perspective identifying money as a social link ; a political-economy perspective treating money as an instrument of power and conflicts. Highlighting this three-dimensional nature of money allows us to understand the proliferation of monetary innovations and contestations in the recent past (local currencies, crypto-currencies and so on) that have emerged to challenge the established monetary order and try to reappropriate money.