El dinero moderno y el enfoque cartalista institucional

Abstract

Este trabajo contrasta las bases de la economía monetaria metalista con los fundamentos monetarios institucionalistas del cartalismo. Impugna la concepción del dinero que permea las doctrinas económicas y políticas contemporáneas, y propone una concepción más ajustada a la realidad y a la evidencia histórica, en la que el dinero impulsa a las variables reales. Resalta la naturaleza del dinero-crédito moderno como unidad de cuenta, cuya transferibilidad incorpora al Estado como deudor. Concluye que una concepción moderna da a la autoridad monetaria herramientas de política útiles y concretas para afrontar los problemas de pleno empleo y estabilidad de precios que sacuden a las sociedades actuales.

The “Control Space” of the State: A Key Element to Address the Nature of Money

“…Given that mainstream economists view the economic science as a cumulative and linear process of discovery of universal economic truths, they only pay attention to those elements that maintain a logical coherence that fits with the ontology of a closed economic system, understood as the extension of an economy of barter. 1 The material and institutional reality of the birth of the Economy as a field of knowledge also invited to equate money with the commodity that was used in a generalized way in transactions, contributing, therefore, to the consolidation of this nonmonetary approach (Cruz, Parejo, and Rangel 2020a). The differentiation made by Schumpeter ([1954] 2012: 336–37) between theoretical and practical Metalism is essential at this historical moment, as it sheds light on modern objections of incoherence to such discourses.…”