The concluding five chapters look briefly at potentials and problems of money through revisiting changes and schemes. In chapter 11, ‘Money, state and capital: the long-term perspective’, the long view is explored. In seeing states as ‘survival units’ emerging from pre-history, Kuzmics is hesitant to date the origins of present global dislocations, but cites the 1970s as a place to start. States lost control over money, and the scale of money creation expanded greatly. A ‘de-democratization’ occurred via removing earners’ bargaining power. Struggles between states (war finance, see 4) also furthered financial markets, yet this is built on earlier stages. Kuzmics reminds us states provided internal peace not only external wars; systems of money and credit raised fears of (uncertain) economic loss. Norbert Elias’s concept of ‘social (or national) habitus’ helps explain how money is handled in different state-formations: (western) maritime or continental, or China’s ancient ‘pacifying codes’: shareholder-value, welfare-state or diligent wealth-acquisition cultures. Recent events can influence habitus. In Germany, precaution is prevalent after traumas of the 1922 hyperinflation and decivilizing of dictatorship. In contrast, the Soviet bloc collapse gave a temporary ‘mono-polar system’ that expanded the asset inflation of the US economic model abroad