Crypto-politics and counterfeit democracy

Downey, Leah; Eich, Stefan

doi:10.2218/finsoc.8097

Cited by 2 publications

(1 citation statement)

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“…Conversely, technical innovations like cryptocurrencies-most of which have not yet convinced that they are actually forms of money-and increasingly popular heterodox theories of money, like Modern Monetary Theory, leave unaddressed the impacts of money on those who use it and thus still reside in the frame of prevention or governance. On cryptocurrencies, see Downey and Eich (2023); Katzenstein and Seybert 2018;White (2022). On MMT, see Kelton (2021).…”

Section: Politics and The Subject Of Moneymentioning

confidence: 99%

Beyond Governance and Prevention: On the Use(s) of Aristotle for Theorizing Money’s Politics

Swanson

2023

Political Theory

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What are the contents, limits, and possibilities of Aristotle’s works for critical thinking about money? Recent scholarship has (re)turned to Aristotle as an authority for two key political approaches to money. The first aims to democratize the governance of monetary institutions in order to realize more just economic outcomes. The second seeks to prevent money, or its inherently deleterious excesses, from corrupting political actors and political life. Arguing that these two approaches are insightful, important, and incomplete, I reengage Aristotle’s account of money across the Nicomachean Ethics and the Politics to theorize money as a vital but underexplored means of political subject formation. I illuminate how the use of money produces collective and constitutive relations that emerge by way of people’s engagements and entanglements with the things they produce, acquire, desire, and exchange. Bringing this to light also makes visible, I argue, how Aristotle understands money as something capable of being used to both bring about social justice and to pervasively corrupt the foundations of shared democratic life. Taking stock of this dual capacity of money, I show how money’s relationship to subjectivity simultaneously makes money the site of a seemingly intractable problem for politics under capitalism and the means to revive it and reconnect it to democratic life.

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Section: Politics and The Subject Of Moneymentioning

confidence: 99%

Beyond Governance and Prevention: On the Use(s) of Aristotle for Theorizing Money’s Politics

Swanson

2023

Political Theory

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Edges of the financial imagination

Samman

2023

Finance soc.

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There is no proper place within economic thought for the void. It appears nowhere in the canonical texts of political economy, let alone the discourse of conventional economics. Yet one cannot shake the sense that it is implied in most if not all financial commentary. At the very least, the void exerts a magnetic pull on a range of related terms in the lexicon. Could it be that through these it grounds the financial imagination in fundamental ways?

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Crypto-politics and counterfeit democracy

Cited by 2 publications

References 1 publication

Beyond Governance and Prevention: On the Use(s) of Aristotle for Theorizing Money’s Politics

Beyond Governance and Prevention: On the Use(s) of Aristotle for Theorizing Money’s Politics

Edges of the financial imagination

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