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Money and Thoughtlessness - A Genealogy and Defense of the Traditional Suspicions of Money and Merchants (Hardcover, 1st ed. 2023)
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Money and Thoughtlessness - A Genealogy and Defense of the Traditional Suspicions of Money and Merchants (Hardcover, 1st ed. 2023)
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In this book, Justin Pack proposes a genealogy of the traditional
suspicion of money and merchants. This genealogy is framed both by
how money itself has changed and how different traditions responded
to money. Money and merchants became heavily debated concerns in
the Axial Age, which coincided with the spread of coinage. A deep
suspicion of money and merchants was particularly notable in the
Greek, Confucian and Christian traditions, and continued into the
Middle Ages. These traditions wrestled with a new dialectic of
purity that also appears with the widespread use of money. How were
these concerns dealt with politically, socially and
philosophically? How did they change over time? How did medieval
Europe deal with money and how did this inform modern
governmentality? To answer these questions, Pack turns to Hanna
Arendt's work. Arendt argues that one of the outstanding
characteristics of our time is thoughtlessness. This
thoughtlessness is related to how modern life, especially under
neoliberalism, is increasingly structured by abstract systems,
abstract calculative rationality, abstract relations, and the
profit motive. Money both drives and embodies this machinery. The
hyper-complex abstract systems of modernity discourage, to use
Arendtian terms, "thinking" (wonder, questioning everything) in
favor of "cognition" (problem solving). Too often the result is
thoughtless cognition-the ability to make things more productive
and efficient paired with the incapacity to question and challenge
the implications and morality of these systems.
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