Discuss the manner in which bank debt acquired the required capacities to be positioned as a successful money.


Description

This essay is part of a module called social science and modern business 2. most/majority of the information should be taken from the additional materials provided however the internet can be used when necessary.

the essay can/should include:

– What is money

– Explain the positioning of money

– Explain what is bank debt

– Explain money as bank debt

– Identify the nominal properties of money.

– Discuss the notion of value.

– Explore the nature of money and identify it as positioned bank debt

– Outline the nature of debt

– Explaining the nominal features of money by reference to social positioning theory

– Discuss the manner in which bank debt acquired the required capacities to be positioned as a successful money.

– Note that the positioning perspectives opens up the possibility of making a meaningful distinction between money and cash

– Discuss How bank debt get positioned as money

– Discuss the fact that Lawson argues that the thing currently positioned as money is state backed bank debt.

– Explain how Modern money is such that this debt relationship is sufficiently trusted for it not to require the existence of a redeemable item.

– Explain how This positioned bank debt, as unobservable, requires markers such as cash and electronic representations. But bank debt is money, not the markers.

– Discuss the constitution of the money position

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