Money in the history of political thought, from ancient Greece to the Great Inflation of the 1970s In the wake of the 2008 financial crisis, critical attention has shifted from the economy to the most fundamental feature of all market economies—money. Yet despite the centrality of political struggles over money, it remains difficult to articulate its democratic possibilities and limits. The Currency of Politics takes readers from ancient Greece to today to provide an intellectual history of money, drawing on the insights of key political philosophers to show how money is not just a medium of exchange but also a central institution of political rule. Money appears to be beyond the reach of democratic politics, but this appearance—like so much about money—is deceptive. Even when the politics of money is impossible to ignore, its proper democratic role can be difficult to discern. Stefan Eich examines six crucial episodes of monetary crisis, recovering the neglected political theories of money in the thought of such figures as Aristotle, John Locke, Johann Gottlieb Fichte, Karl Marx, and John Maynard Keynes. He shows how these layers of crisis have come to define the way we look at money, and argues that informed public debate about money requires a better appreciation of the diverse political struggles over its meaning. Recovering foundational ideas at the intersection of monetary rule and democratic politics, The Currency of Politics explains why only through greater awareness of the historical limits of monetary politics can we begin to articulate more democratic conceptions of money.

Seyla Benhabib’s ongoing work has expanded the range and scope of critical theory beyond its origins to address questions of gender, migration, and difference. This book brings together an ensemble of leading theorists and younger voices to explore new dimensions of Benhabib’s thought across critical theory, feminism, and democratic theory, foregrounding the intricate relationship between critique and universality. Another Universalism provides both a wide-ranging and comprehensive engagement with Benhabib’s path-breaking interventions and a panoramic tour of the cutting edge of critical theory today. Contributors take part in key debates about the field’s past and future, tackling subjects such as the relationship between democracy and cosmopolitanism, the role of law in emancipatory struggles, human domination of nature, the deprovincialization of critical theory concerning questions of race and empire, as well as Hannah Arendt’s continuing significance. Covering a wide range of debates and themes, Another Universalism is united by a core question: How can universal norms of human freedom, equality, and dignity be reconciled with particular contexts, especially ones of exclusion, difference, and adversity? Searching for universalisms that emerge from the concrete struggles of emancipatory movements, this book points toward an expansive, inclusive, and radical democratic vision.

Seyla Benhabib’s ongoing work has expanded the range and scope of critical theory beyond its origins to address questions of gender, migration, and difference. This book brings together an ensemble of leading theorists and younger voices to explore new dimensions of Benhabib’s thought across critical theory, feminism, and democratic theory, foregrounding the intricate relationship between critique and universality. Another Universalism provides both a wide-ranging and comprehensive engagement with Benhabib’s path-breaking interventions and a panoramic tour of the cutting edge of critical theory today. Contributors take part in key debates about the field’s past and future, tackling subjects such as the relationship between democracy and cosmopolitanism, the role of law in emancipatory struggles, human domination of nature, the deprovincialization of critical theory concerning questions of race and empire, as well as Hannah Arendt’s continuing significance. Covering a wide range of debates and themes, Another Universalism is united by a core question: How can universal norms of human freedom, equality, and dignity be reconciled with particular contexts, especially ones of exclusion, difference, and adversity? Searching for universalisms that emerge from the concrete struggles of emancipatory movements, this book points toward an expansive, inclusive, and radical democratic vision.

The sociologist Daniel Bell was an uncommonly acute observer of the structural forces transforming the United States and other advanced societies in the twentieth century. The titles of Bell's major books-The End of Ideology (1960), The Coming of Post-Industrial Society (1973), and The Cultural Contradictions of Capitalism (1976)-became hotly debated frameworks for understanding the era when they were published. In Defining the Age, Paul Starr and Julian E. Zelizer bring together a group of distinguished contributors to consider how well Bell's ideas captured their historical moment and continue to provide profound insights into today's world. Wide-ranging essays demonstrate how Bell's writing has informed thinking about subjects such as the history of socialism, the roots of the radical right, the emerging postindustrial society, and the role of the university. The book also examines Bell's intellectual trajectory and distinctive political stance. Calling himself "a socialist in economics, a liberal in politics, and a conservative in culture," he resisted being pigeon-holed, especially as a neoconservative. Defining the Age features essays from historians Jenny Andersson, David A. Bell, Michael Kazin, and Margaret O'Mara; sociologist Steven Brint; media scholar Fred Turner; and political theorists Jan-Werner Muller and Stefan Eich. While differing in their judgments, they agree on one premise: Bell's ideas deserve the kind of nuanced and serious attention that they finally receive in this book.

The sociologist Daniel Bell was an uncommonly acute observer of the structural forces transforming the United States and other advanced societies in the twentieth century. The titles of Bell's major books-The End of Ideology (1960), The Coming of Post-Industrial Society (1973), and The Cultural Contradictions of Capitalism (1976)-became hotly debated frameworks for understanding the era when they were published. In Defining the Age, Paul Starr and Julian E. Zelizer bring together a group of distinguished contributors to consider how well Bell's ideas captured their historical moment and continue to provide profound insights into today's world. Wide-ranging essays demonstrate how Bell's writing has informed thinking about subjects such as the history of socialism, the roots of the radical right, the emerging postindustrial society, and the role of the university. The book also examines Bell's intellectual trajectory and distinctive political stance. Calling himself "a socialist in economics, a liberal in politics, and a conservative in culture," he resisted being pigeon-holed, especially as a neoconservative. Defining the Age features essays from historians Jenny Andersson, David A. Bell, Michael Kazin, and Margaret O'Mara; sociologist Steven Brint; media scholar Fred Turner; and political theorists Jan-Werner Muller and Stefan Eich. While differing in their judgments, they agree on one premise: Bell's ideas deserve the kind of nuanced and serious attention that they finally receive in this book.

Money in the history of political thought, from ancient Greece to the Great Inflation of the 1970s In the wake of the 2008 financial crisis, critical attention has shifted from the economy to the most fundamental feature of all market economies-money. Yet despite the centrality of political struggles over money, it remains difficult to articulate its democratic possibilities and limits. The Currency of Politics takes readers from ancient Greece to today to provide an intellectual history of money, drawing on the insights of key political philosophers to show how money is not just a medium of exchange but also a central institution of political rule. Money appears to be beyond the reach of democratic politics, but this appearance-like so much about money-is deceptive. Even when the politics of money is impossible to ignore, its proper democratic role can be difficult to discern. Stefan Eich examines six crucial episodes of monetary crisis, recovering the neglected political theories of money in the thought of such figures as Aristotle, John Locke, Johann Gottlieb Fichte, Karl Marx, and John Maynard Keynes. He shows how these layers of crisis have come to define the way we look at money, and argues that informed public debate about money requires a better appreciation of the diverse political struggles over its meaning. Recovering foundational ideas at the intersection of monetary rule and democratic politics, The Currency of Politics explains why only through greater awareness of the historical limits of monetary politics can we begin to articulate more democratic conceptions of money.

Less than a decade after the Financial Crisis, we are witnessing the fast emergence of a new financial order driven by three different, yet interconnected, dynamics: first, the rapid application of technology - such as big data, machine learning, and distributed computing - to banking, lending, and investing, in particular with the emergence of virtual currencies and digital finance; second, a disintermediation fuelled by the rise of peer-to-peer lending platforms and crowd investment which challenge the traditional banking model and may, over time, lead to a transformation of the way both retail and corporate customers bank; and, third, a tendency of de-bureaucratisation under which new platforms and technologies challenge established organisational patterns that regulate finance and manage the money supply. These changes are to a significant degree driven by the development of blockchain technology. The aim of this book is to understand the technological and business potential of the blockchain technology and to reflect on its legal challenges. The book mainly focuses on the challenges blockchain technology has so far faced in its first application in the areas of virtual money and finance, as well as those that it will inevitably face (and is partially already facing, as the SEC Investigative Report of June 2017 and an ongoing SEC securities fraud investigation show) as its domain of application expands in other fields of economic activity such as smart contracts and initial coin offerings. The book provides an unparalleled critical analysis of the disruptive potential of this technology for the economy and the legal system and contributes to current thinking on the role of law in harvesting and shaping innovation.