Making money coin currency and the coming of capitalism christine desan on amazoncom free shipping on qualifying offers money travels the modern world in disguise it looks like a convention of human exchange a commodity like gold or a medium like language but its history reveals that money is a very different matter it is an institution engineered by political communities to . This book by a harvard law school professor presents a history of the evolution of modern money as a social and political institution professor desan focuses on the british experience since that is obviously her specialty and because the evolution of money in the british economy was central to its development elsewhere in modern capitalism including in the us. At bottom making money coin currency and the coming of capitalism argues that money is a practice engineered by communities to mobilize resources and used by individuals for their own purposes along the way money is thus a mode of governance one that connects authorities groups and individuals in essential and intimate ways. The crown sold people coin for a fee in exchange for silver and gold commodity money was a fragile and difficult medium the first half of the book considers the kinds of exchange and credit it invited as well as the politics it engendered capitalism arrived when the english reinvented money at the end of the 17th century. Making money coin currency and the coming of capitalism christine desan an exciting new theory of the history of the modern monetary system describing its origins and the eventual development of capitalism examines the constitutional influences of currency and the impact of government on money throughout history
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