[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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