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The Place of Money in History

Christopher Muellerleile Orcid Logo

The Sage handbook of historical geography, Volume: 1, Part III, Chapter 12

Swansea University Author: Christopher Muellerleile Orcid Logo

Abstract

Money is a precarious and abstract embodiment of value, and while there is more money in motion around the globe than ever before, the basic problem has not changed since its earliest use in antiquity. That is, money’s value must be actively, and at times forcefully maintained across time and space....

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Published in: The Sage handbook of historical geography
ISBN: 9781526404558
Published: London Sage 2020
Online Access: https://us.sagepub.com/en-us/nam/the-sage-handbook-of-historical-geography/book251311#description
URI: https://cronfa.swan.ac.uk/Record/cronfa44880
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spelling 2020-12-16T13:12:31.9888682 v2 44880 2018-10-14 The Place of Money in History 62c8e47d6145081a464eadba0ff5c942 0000-0001-9685-6345 Christopher Muellerleile Christopher Muellerleile true false 2018-10-14 SGE Money is a precarious and abstract embodiment of value, and while there is more money in motion around the globe than ever before, the basic problem has not changed since its earliest use in antiquity. That is, money’s value must be actively, and at times forcefully maintained across time and space. The chapter provides a selected overview of the historical geography of money, but it also considers why a historical geographic analysis is crucial to understanding contemporary money and its politics. It argues that throughout history various money forms have been dependent upon political power and the maintenance of territory. While it may be tempting to lean on contemporary concepts such as financialization to explain the power and politics of money, this chapter makes the case that a more historical and geographically sensitive analysis is more fruitful. Without a doubt, there is uniqueness to the political economy of 21st century financial geographies, but the chapter argues that even the most recently developed money form, cryptocurrency, is better understood in a historical geographic context. Book chapter The Sage handbook of historical geography 1, Part III, Chapter 12 Sage London 9781526404558 Money, Finance, Debt, Seigniorage, Cryptocurrency, Bitcoin, Territory 1 12 2020 2020-12-01 https://us.sagepub.com/en-us/nam/the-sage-handbook-of-historical-geography/book251311#description COLLEGE NANME Geography COLLEGE CODE SGE Swansea University 2020-12-16T13:12:31.9888682 2018-10-14T18:01:49.3456174 Faculty of Science and Engineering School of Biosciences, Geography and Physics - Geography Christopher Muellerleile 0000-0001-9685-6345 1 44880__16577__11eb6e242f224649b440471f18b612b1.pdf Muellerleile--The Place of Money in History.pdf 2020-02-14T11:32:46.0939457 Output 530809 application/pdf Accepted Manuscript true 2022-12-01T00:00:00.0000000 true eng
title The Place of Money in History
spellingShingle The Place of Money in History
Christopher Muellerleile
title_short The Place of Money in History
title_full The Place of Money in History
title_fullStr The Place of Money in History
title_full_unstemmed The Place of Money in History
title_sort The Place of Money in History
author_id_str_mv 62c8e47d6145081a464eadba0ff5c942
author_id_fullname_str_mv 62c8e47d6145081a464eadba0ff5c942_***_Christopher Muellerleile
author Christopher Muellerleile
author2 Christopher Muellerleile
format Book chapter
container_title The Sage handbook of historical geography
container_volume 1, Part III, Chapter 12
publishDate 2020
institution Swansea University
isbn 9781526404558
publisher Sage
college_str Faculty of Science and Engineering
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hierarchy_top_id facultyofscienceandengineering
hierarchy_top_title Faculty of Science and Engineering
hierarchy_parent_id facultyofscienceandengineering
hierarchy_parent_title Faculty of Science and Engineering
department_str School of Biosciences, Geography and Physics - Geography{{{_:::_}}}Faculty of Science and Engineering{{{_:::_}}}School of Biosciences, Geography and Physics - Geography
url https://us.sagepub.com/en-us/nam/the-sage-handbook-of-historical-geography/book251311#description
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description Money is a precarious and abstract embodiment of value, and while there is more money in motion around the globe than ever before, the basic problem has not changed since its earliest use in antiquity. That is, money’s value must be actively, and at times forcefully maintained across time and space. The chapter provides a selected overview of the historical geography of money, but it also considers why a historical geographic analysis is crucial to understanding contemporary money and its politics. It argues that throughout history various money forms have been dependent upon political power and the maintenance of territory. While it may be tempting to lean on contemporary concepts such as financialization to explain the power and politics of money, this chapter makes the case that a more historical and geographically sensitive analysis is more fruitful. Without a doubt, there is uniqueness to the political economy of 21st century financial geographies, but the chapter argues that even the most recently developed money form, cryptocurrency, is better understood in a historical geographic context.
published_date 2020-12-01T03:56:21Z
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