CUI BONO? SOME REFLECTIONS ON MONEY AS A PUBLIC/PRIVATE GOOD IN THE AFTER-CRISIS PERIOD

Year 2012, Volume: 4 Issue: 1, 111 - 121, 01.06.2012

Julia Włodarczyk

Abstract

In this paper we present some tendencies characterizing situation in Polish
banking system in the after-crisis period. Accordingly, as conventional banking
system seems to be an instrument increasing social tensions and frictions, we
hypothesize that to some extent inspiration might be taken from dynamically
expanding Islamic capital markets.
Furthermore, we bring up questions concerning a socially desirable shape of
banking system, the problem of dual (public/private) character of money and
present some reflections on euro. Referring to the public/private framework of
analysis, we remark that if particular functions of money are realized efficiently in
distinct contexts or spheres, circulation of a single type of money may favour
certain groups of agents.

Keywords

money, banking system, Poland’s economy, euro

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