[D66] Blood and Money

R.O. jugg at ziggo.nl
Sat Aug 29 15:59:03 CEST 2020


https://cdn-ed.haymarketbooks.org/images/000002/785/9781642591330_FC_%281%29-f_medium-e24db84800da465d167f8fe505ae24ce.jpg


Blood and Money
War, Slavery, Finance, and Empire
by David McNally

Paperback, 320 pages

ISBN: 9781642591330

April 2020

$20.00

Ebook

ISBN: 9781642592061

Read on any device

May 2020

$20.00 $12.00 40% off

Hardback, 320 pages

ISBN: 9781642592276

June 2020

/Blood and Money/ tells the story of money as a history of violence and 
human bondage.

In most accounts of the origins of money we are offered pleasant tales 
in which it arises to the mutual benefit of all parties as a result of 
barter. In this groundbreaking study David McNally reveals the true 
story of money’s origins and development as one of violence and human 
bondage. Money’s emergence and its transformation are shown to be 
intimately connected to the buying and selling of slaves and the waging 
of war. /Blood and Money/ demonstrates the ways that money has 
“internalized” its violent origins, making clear that it has become a 
concentrated force of social power and domination. Where Adam Smith 
observed that monetary wealth represents “command over labor,” this 
paradigm shifting book amends his view to define money as comprising the 
command over persons and their bodies.

Reviews

  *

    "This fascinating and informative study, rich in novel insights,
    treats money not as an abstraction from its social base but as
    deeply embedded in its essential functions and origins in brutal
    violence and harsh oppression." *—Noam Chomsky

    *"McNally casts an unsparing light on the origins of money—and
    capitalism itself—in this scathing, Marxist-informed account....
    McNally builds a powerful, richly documented argument that unchecked
    capitalism prioritizes greed and violence over compassion....[T]his
    searing academic treatise makes a convincing case." *—/Publishers Weekly

    /*"David McNally's new book makes an important contribution to the
    growing critical literature on such basic components of contemporary
    capitalism as markets and money. His historical perspective makes
    the contribution especially insightful." *—Richard D. Wolff,
    Democracy at Work*

    "/Blood and Money/ is an ambitious and challenging account of the
    nexus between money, war, slavery and, eventually, capitalism—across
    vast swathes of history. At the heart of the book lies a crucial
    argument about the pivotal role of war finance in the emergence of
    modern banking, carefully laid out both in McNally’s superlative
    chapter on the early decades of the Bank of England and in the
    condensed and fascinating synopsis of American capitalism with which
    the study concludes. These chapters alone should make the book
    indispensable reading for anyone seriously interested in the
    longer-term sources of modern capitalism as we know it today."
    *—Jairus Banaji, SOAS, University of London*

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