Moral Economies of Money: Politics and the Monetary Constitution of Society

Jakob Feinig's book explores how popular movements reshaped money-creating institutions and how their opponents attempted to silence them, offering an introduction to money creation practices since the colonial era and situating the recent prominence of Modern Monetary Theory (MMT) against a broader historical background.

Format: Paperback / softback
Length: 208 pages
Publication date: 04 October 2022
Publisher: Stanford University Press

Large numbers of people throughout American history have claimed that money is a public good and have asserted the right to shape money creation practices. However, the popular knowledge about money creation has disappeared over time. In his new book, "Money Creation Practices since the Colonial Era," Jakob Feinig explores how the relationship between money users and money-issuing governments changed from British colonial North America to the present-day United States. He discusses how popular movements reshaped money-creating institutions and how their opponents attempted to silence them. Feinig also reveals how monetary and political history unfolds in the tension between moral economies of money and monetary silencing. The book provides an introduction to money creation practices since the colonial era, enabling readers to understand why most people are disconnected from knowledge about money creation today. At the same time, it also allows readers to situate the recent prominence of Modern Monetary Theory (MMT) against a broader historical background. Historians of capitalism, economic and political sociologists, social theorists, anthropologists of money, and anyone seeking to understand monetary activism will find this book helpful in clarifying present-day possibilities in light of historical processes.

Weight: 324g
Dimension: 228 x 152 x 17 (mm)
ISBN-13: 9781503633445