in/compatible systems

Georgios Papadopoulos (gr)

Money Deterritorialized

Money is no longer an instrument of national sovereignty. The global financial architecture has liberated circulation from geographical borders and made government control problematic. Crises become universal, but the same does not apply for growth, where voids, in/ compatibilities and blockages in the financial architecture maintain unequal exchange and unfairness in the global division of labour and wealth. How can we understand, criticize and debunk the control of money in this juncture?