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.
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