- Haymarket Books
Blood and Money: War, Slavery, Finance, and Empire
- David McNally
- Haymarket Books
- 8.9 X 6 X 0.8 inches
- 1.05 pounds
- Business & Economics > Economic History
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.
David McNally specializes in the history and political economy of capitalism. The author of seven books and over 60 scholarly articles, Professor McNally taught political economy at York University in Toronto before joining the Department of History at the University of Houston. He holds his Ph.D., M.A., and B.A. from York University.
His research has addressed issues of race, migration, gender and social reproduction in the development of global capitalism. Professor McNally has won the Paul Sweezy Award for his book, Global Slump: The Economics and Politics of Crisis and Resistance, and the Deutscher Memorial Award for Monsters of the Market: Zombies, Vampires and Global Capitalism.
Professor McNally's latest book, Blood and Money: War, Slavery, Finance, and Empire (2020) is now being translated into German.
Source: University of Houston
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