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’ with the physicality, or physical properties, of goods and social objects. It then contrasts this physicality with a ‘something else’ – meanings, signs, culture, desires, identities, services, information or knowledge. These are then regarded, firstly, as non-physical (hence having quite different kinds of social properties); secondly, as additive (a later accretion or layering of physical reality); and, finally, as historical (things have become more immaterial, or immaterial things have become more socioeconomically central today). The argument proposed in this

in Market relations and the competitive process
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The evolving international financial architecture

insolvency contagions (since the Asian contagion wreaked havoc on solid borrowers). It is not clear how the IMF would determine limits on how much could be loaned, or what the appropriate insurance fee would be. Soros has yet to provide more specifics for his global central bank (although he does not use the term). As it stands now, Soros’s idea of an international public insurance corporation seems to be a non-starter. Claiming that the IMF and the World Bank have become “increasingly duplicative,” James Burnham (1999) calls for the merger of the two 287 The Asian

in The Asian financial crisis