The Linkages Between Money & Community
The relationship between money and community is not very obvious if only because we tend to regard money as a “real thing,” not an artificial social creation and abstraction. Fortunately, a recent essay in Cultural Anthropology Online (May 2012) offers some helpful insights into the ways in which money and community are inextricably connected.
In “Community and Money, Local and European,” Luigi Doria of Centre Maurice Halbwachs, Paris, and Luca Fantacci of Bocconi University, Milan, ask us to consider the “very co-belongingness” of community and money. The authors start by noting that “knowingly or unknowingly, monetary institutions always embody a representation of man in society. The functions that are given to a certain form of money correspond to a certain conception of what exchange, debt and credit mean for a society.”
And what might that be in modern, industrialized societies? It is to be socially independent and disconnected. Modern humans make a “fetish” of liquidity, as John Maynard Keynes put it. It is considered a supreme virtue to be able to hold as much of one’s wealth as one can in forms that can be easily converted into cash. Liquidity = freedom. The dirty little secret is that not everyone can achieve this ideal because if everyone tried to cash in and hold liquid assets, the entire system will collapse.
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become once more a ‘common treasury for all’. Change was to be brought about by the poor working the land in common and refusing to work for hire. The common people had ‘by their labours … lifted up their landlords and others to rule in tyranny and oppression over them’, and, Winstanley insisted, ‘so long as such are rulers as calls the land theirs … the common people shall never have their liberty; nor the land ever freed from troubles, oppressions and complainings’. The earth was made ‘to preserve all her children’, and not to ‘preserve a few covetous, proud men to live at ease, and for them to bag and barn up the treasures of the earth from others, that they might beg or starve in a fruitful land’ – everyone should be able to ‘live upon the increase of the earth comfortably’. Soon all people – rich as well as poor – would, Winstanley hoped, be persuaded to throw in their lot with the Diggers and work to create a new, and better society. To Winstanley, agency was key, for ‘action is the life of all and if thou dost not act, thou dost nothing’.
w the Games™ seem more of an excuse for corporate branding and image-polishing than something that belongs to the athletes themselves or to Londoners.
Both documents are now being shredded today with barely a peep of acknowledgment that centuries-old principles of human rights are being swept aside. Much of Chomsky’s talk is dedicated to his familiar critiques of US geopolitics and corporate globalization. But he has a few illuminating passages about the Charter of the Forest and modern-day enclosures, especially in the global South. 


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