Innovation in money is just as important as innovation in any other sphere of activity; money is always a “work in progress.” In fact, history shows societies have tried out a wide diversity of monetary arrangements. Ideas about money have played key roles at crucial turning points in world history and during national histories. Recently, a new global money space has been created, a joint venture between the public and private sector. This book explores the new money society that has grown up to inhabit this new space. The book has several aims: Firstly, the book shows how beliefs about money, as well as attitudes and values towards it, have varied between societies and over time, and specifically how they have changed over the modern era. Secondly, the book shows the powerful effects that changing ideas have had on events, including wars and revolutions, recessions, booms and financial crises. Thirdly, the book recounts the creation of a global money space, dated to the last quarter of the 20th century, and explores its features. Fourthly, the book describes some characteristics of the new money society that inhabits the global money space. Fifthly, the book shows how each society, and indeed successive generations of the same society, has made its own unique arrangements to govern money – i.e. how it comes to terms with the power of money. The author argues that we need to develop a new arrangement now and suggests that we have much to learn from recent creative work in a number of fields ranging from the sociology of money to contemporary art. This approach sheds new light on a number of controversial issues, including the rise of crony capitalism, growing social divisions, currency wars, and asset price bubbles.
Author(s): Robert Pringle
Publisher: Palgrave Macmillan
Year: 2019
Language: English
Pages: 297
Tags: Popular Science In Finance, Power Of Money
Front Matter ....Pages i-x
Introduction (Robert Pringle)....Pages 1-14
Front Matter ....Pages 15-15
Europe’s Money and Culture Before 1914 (Robert Pringle)....Pages 17-27
The 1920s: Lessons from Weimar (Robert Pringle)....Pages 29-41
The Jazz Age: America in the 1920s (Robert Pringle)....Pages 43-52
The Money-Haters: Experiments in Socialism (Robert Pringle)....Pages 53-61
Europe Between the World Wars: A Ferment of Ideas (Robert Pringle)....Pages 63-80
How Europe’s Culture Kept Money Under Control (1940s and 1950s) (Robert Pringle)....Pages 81-85
New Money from the New World (Robert Pringle)....Pages 87-93
American Culture and the Dollar After World War II (Robert Pringle)....Pages 95-101
The Century’s Hinge (Mid-1960s to Late 1970s) (Robert Pringle)....Pages 103-112
1980–2000: Creation of a Global Money Space (Robert Pringle)....Pages 113-122
Back Matter ....Pages 123-126
Front Matter ....Pages 127-127
The Global Money Culture: An Outline (Robert Pringle)....Pages 129-136
Money Delusion and the Crash, 2000–2010 (Robert Pringle)....Pages 137-150
Money as a Tool of the State (Robert Pringle)....Pages 151-156
The Euro: The Biggest Money Project (Robert Pringle)....Pages 157-165
Crony and Criminal Capitalism Since 2010 (Robert Pringle)....Pages 167-178
Global Money: Insiders and Outsiders (Robert Pringle)....Pages 179-189
Back Matter ....Pages 191-192
Front Matter ....Pages 193-194
The Jealous State and the Future of Money (Robert Pringle)....Pages 195-212
The New Sociology of Money (Robert Pringle)....Pages 213-224
Money and the Decline of Classical Liberalism (Robert Pringle)....Pages 225-234
What Can We Learn from Japanese Culture? (Robert Pringle)....Pages 235-244
Contemporary Art: Towards New Ways of ‘Seeing’ Money (Robert Pringle)....Pages 245-256
Back Matter ....Pages 257-261
Front Matter ....Pages 263-263
The Money We Deserve (Robert Pringle)....Pages 265-284
Back Matter ....Pages 285-300
