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The Money Plot
- A History of Currency's Power to Enchant, Control, and Manipulate
- Narrated by: Malcolm Hillgartner
- Length: 8 hrs and 25 mins
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Publisher's Summary
Half fable, half manifesto, this brilliant new take on the ancient concept of cash lays bare its unparalleled capacity to empower and enthrall us.
Frederick Kaufman tackles the complex history of money, beginning with the earliest myths and wrapping up with Wall Street’s byzantine present-day doings. Along the way, he exposes a set of allegorical plots, stock characters, and stereotypical metaphors that have long been linked with money and commercial culture, from Melanesian trading rituals to the dogma of Medieval churchmen faced with global commerce, the rationales of Mercantilism and colonial expansion, and the U.S. dollar’s 1971 unpinning from gold.
The Money Plot offers a tool to see through the haze of modern banking and finance, demonstrating that the standard reasons given for economic inequality - the Neoliberal gospel of market forces - are, like dollars, euros, and yuan, contingent upon structures people have designed. It shines a light on the one percent’s efforts to contain a money culture that benefits them within boundaries they themselves are increasingly setting. And Kaufman warns that if we cannot recognize what is going on, we run the risk of becoming pawns and shells ourselves, of becoming other people’s money.
Critic Reviews
“Fascinating…Kaufman has a sharp eye for colorful anecdotes and a witty and incisive prose style. The result is an appealing compendium of musings and money-related minutiae.” --Publishers Weekly
“In this unusual and original book, Frederick Kaufman tells the history of money in its double guise as a medium of exchange and a symbol of value. In its first form it strives for fixity, but as a symbol of our fluctuating hopes, fears, and desires, fixity perpetually eludes it. Being a measure of our freedom to dream, money can never be given a fixed value in a free society. Required bedtime reading for central bank governors tasked with ‘controlling the money supply.’” --Robert Skidelsky, Emeritus Professor of Political Economy at Warwick University and coauthor of How Much Is Enough?
“Fascinating. An irreverent, grand, and captivating history tour of money: what it is and what it does to each and all of us.” --George Papaconstantinou, former finance minister of Greece and author of Game Over: The Inside Story of the Greek Crisis