| Amazoncom Blood and Money War Slavery Finance and Empire McNally David | MR Online

Blood and Money

Originally published: Haymarket Books Youtube Channel on November 5, 2020 (more by Haymarket Books Youtube Channel)

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.)

 

Monthly Review does not necessarily adhere to all of the views conveyed in articles republished at MR Online. Our goal is to share a variety of left perspectives that we think our readers will find interesting or useful. —Eds.