For the first HM online panel this year, please join us for a discussion
of David McNally's book: 'Blood and Money:War, Slavery, Finance'. '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.'(Text taken from the book cover.)
https://www.youtube.com/watch?v=v6psUWDkUjc
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