The following excerpts thoroughly document how capitalists really acted during the Second World War. Behind the patriotic propaganda that encouraged the working class to slaughter each other in the interests of competing national interests, international capital quietly kept the commodity circuits flowing and profits growing across all borders.
Here s What Cryptocurrencies Will Look Like in 50 Years According to Experts nbcconnecticut.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcconnecticut.com Daily Mail and Mail on Sunday newspapers.
The rise of cryptocurrencies seems to be disrupting our very definition of money. But this author explains why bitcoin may not be as novel as it seems.
The Made Up World of Money
Money might just be “the most powerful metaphor we have.
Matt Cardy/Getty Images
Share
Money is “a social agreement,” according to
Frederick Kaufman, a journalism professor at the City University of New York. You and the cashier both agree that a $20 bill a green piece of paper that any baby or dog wouldn’t hesitate to tear to shreds is worth something, and this consensus imbues the bill with value. Eventually, babies get on board, as they’re taught the value humans have long ascribed to different types of currency; a value that’s socially constructed, but so deeply ingrained in our society that it feels silly to question.
Dogecoin Shares a Surprising Amount in Common With Ancient Forms of Currency Since the first prophet charmed an amulet, money has been used to tell the future. Feb 9, 2021
Elon Musk s recent reference to Dogecoin sparked a flurry of speculation. In the ensuing 24-hour period, the cryptocurrency boomed 37 percent. It’s now worth over $10 billion. Should you invest?
I don’t have a crystal ball, but for the past decade I have been delving into the history and philosophy of money. So while I can t tell you what will happen next week or next year, I can help contextualize some of the hidden forces that lie behind your decision whatever it may be.