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his searing academic treatise makes a convincing case.” - Publishers Weekly Read moreĭistributed to the trade in the US through Consortium Book Sales and Distribution ( and internationally through Ingram Publisher Services International (This book was published with the generous support of Lannan Foundation and Wallace Action Fund. McNally builds a powerful, richly documented argument that unchecked capitalism prioritizes greed and violence over compassion . . . “McNally casts an unsparing light on the origins of money-and capitalism itself-in this scathing, Marxist-informed account . . . . “A fine-grained historical analysis of the interconnection between war, enslavement, finance, and money from classical times to present.” -Jeff Noonan, author of The Troubles of Democracy “This fascinating and informative study, rich in novel insights, treats money not as an abstraction from its social base but as deeply embedded in its essential functions and origins in brutal violence and harsh oppression.” -Noam Chomsky 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. 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.
Money’s emergence and its transformation are shown to be intimately connected to the buying and selling of slaves and the waging of war. But in this groundbreaking study, David McNally reveals the true story of money’s origins and development as one of violence and human bondage. 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. The history of money and its violent and oppressive origins from slavery to war-by the author of Global Slump.
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