March 15, 2024 · 17:00–18:30 (1:00 pm – 2:00 pm EST)
Anush Kapadia will be launching his new book, A Political Theory of Money, in London this March.
Presentation of the book :
What is money? Why does something so insubstantial have value? How do money systems make promises function like valuable things? Why are money systems always hierarchical yet variable? The answer, argues Kapadia in his new book, is politics.
Money is institutionalised social power. Politics generates institutions that differentially lock into the future product of political and economic collectives. Money emerges from the institutionalisation of social antagonisms to encapsulate a collective’s productive potential in a flexible, tradable instrument.
This takes a system. Money is built in hierarchical layers out of the inherently variable material of politics and at various economic scales. A Political Theory of Money outlines these variable processes theoretically and through case studies.
Author: Anush Kapadia (Indian Institute of Technology)
Discussant: Sahil Jai Dutta (City, University of London)
Anush Kapadia is Associate Professor of Economics in the Department of Humanities and Social Sciences at the Indian Institute of Technology, Bombay. He is the author of A Political Theory of Money (Cambridge University Press, 2024).
Sahil Jai Dutta is Lecturer in International Political Economy in the Department of International Politics at City, University of London. His teaching and research focuses on financialisation, money, managerialism, and the political economy of Britain.
For more information: https://www.city.ac.uk/news-and-events/events/2024/march/book-launch-a-political-theory-of-money