By Andrew Leyshon
Bringing jointly in a single quantity an important writings of Andrew Leyshon and Nigel Thrift on funds and finance, together with the unpublished vintage, 'Sexy Greedy', this assortment examines the commercial, social and cultural manifestations that visit make up a a number of imaginative and prescient of money.
Since the mid-1980s, consciousness to the position performed by way of funds and finance within the means of social and fiscal swap has develop into pervasive around the social sciences. The documentation of economic and fiscal concerns displays growing to be main issue with the 'power of cash' and the ways that this energy has the strength to steer the behavior of social and monetary existence throughout a number geographical scales. Money/Space describes the financial system of overseas funds, linking it with the distribution of social strength. It appears to be like at a few of the ways that this international of cash, exemplified via finance capital and fiscal markets, is discursively constituted via specific social-cultural practices and exhibits how the area of cash is developed at a few spatial scales.
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Extra info for Money/Space: Geographies of Monetary Transformation
Numbers flashing across screens, numbers which can be erased with a touch of the finger, or a loud voice. Numbers which point to imaginary properties of imaginary things. Companies with made-up names whose productivity is measured by imaginary accounts. Money attached to nothing by imaginary numbers attached to made up accounts, built on who can best manipulate this imaginary political economy of signs. (Denzin 1991:40) But it has to be understood that virtual money cannot be reduced to this romance of the unrepresentable.
The value of the commodity is expressed in money terms and the labour which went into its production is veiled. Worse still, money comes back to haunt humankind, as a disembodied force that takes on a life of its own: Money abuses all the gods of mankind and changes them into commodities. It has, therefore, deprived the whole world, both the human world and nature, of their proper value. Money is the alienated essence of man’s work and existence, this essence dominates him and he worships it. (Marx 1963:37)13 But there is another discourse, one in which money is not the great Satan and those who deal in money are not necessarily counted as, to use a phrase of Burke’s (1978:268), ‘sophisters, oeconomists, and calculators’.
In England, for example, the increasingly rapid circulation of increasingly virtual money seems to have produced the same degree of suspicion of money’s chimerical qualities, allied to a suspicion of the City of London as the centre of this virtual world, which is to be found in Addison or Pope or Gay or Swift, a point made clear by Churchill’s (1987) INTRODUCTION / 21 play Serious Money which is prefaced by a scene from Thomas Shadwell’s 1692 play, The Volunteers, or the Stockjobbers (1692). But there have also been many changes.