Against Money

A powerful deconstruction of humanitys most influential invention, from the acclaimed economists J. W. Mason and Arjun Jayadev.

Money is everywhere in our daily lives. It lurks in the swipe of a card at the grocery store, in looming student-loan debts, in the prices of things we want, and in our subconscious navigation of the modern world. Money is an invisible convenience that saves us, as a society, the hassle of bartering for goods and servicesa reflection, in our pockets and on our phones, of the hard facts of scarcity and desire. Or is it something more?

In this revelatory book, economists J. W. Mason and Arjun Jayadev explain how and why money is so deeply misunderstood by the world it dominatesas well as the dangerous social implications of this misunderstanding. Against Money tackles the most dearly held truths of economics, arguing that the world of money has never been an impartial representation of the world of things. Instead, its existence in different formsdebt, capital, liquidity, and interestincreasingly shapes events in the real world rather than just reflecting them. Sometimes money enables new forms of cooperation; more oftenit facilitates domination. Human existence is not just facilitated by money but also governed by it.

In the tradition of works by Thomas Piketty and David Graeber, Against Money is an erudite, disruptive expos of the illusions and tyrannies of money. Mason and Jayadev present a radically different way of thinking about moneyimagining a hopeful future in which it no longer dictates the possibilities of our collective existence.