ABSTRACT
Global financial crisis marks something of a threshold in understanding of economic and monetary evolution. The thesis of a single global economy as represented here belongs to the nomenclature of associative economics and is borrowed from Rudolf Steiner, but its elaboration is the authors own. Fundamental to associative economics is that it seeks an understanding of modern economic life that is true to economic, as distinct from political reality. This entails significant challenges, given the normal tenor of twentieth-century economic thinking and its generally accepted ground of an intermingling between state and economy. Modern science grew up in link with intense observation of the physical world and thus has become associated only with the modality of that world. Any serious study of finance, especially in regard to its plot aspect rather than just its techniques necessarily involves ontological and epistemological considerations.
