A look at the shift in the economic model of ancient Greece at the brink between what we consider to be the "dark ages" and the "golden age." The newly emerged economic elite of this period introduced or reemphasized a variety of "tools of exclusion.
The eighth century dawned on a Greek world that had remained substantially unchanged during the centuries of stagnation known as the Dark Age. This book is a study of the economic and cultural upheaval that shook mainland Greece and the Aegean area in the eighth century, and the role that poetry played in this upheaval. Using tools from political and economic anthropology, David Tandy argues that between about 800 and 700 B.C., a great transformation of dominant economic institutions took place involving wrenching adjustments in the way status and wealth were distributed within the Greek communities. Tandy explores the economic organization of preindustrial societies, both ancient and contemporary, to shed light on the Greek experience. He argues that the sudden shift in Greek economic formations led to new social behaviors and to new social structures such as the polis, itself a by-product of economic change. Unraveling the dialectic between the material record and epic poetry, Tandy shows that the epic tradition mirrored these new social behaviors and that it portrayed the stresses that economic change brought to the ancient Aegean world. Tandy brings in comparative evidence from other small-scale communities beset by changes, spotlighting the specific plight of one community, Ascra in Boeotia, on whose behalf Hesiod sang his Works and Days. The result is a lively, moving account of a human dilemma that, many centuries later, is all too familiar.
The history of money and its violent and oppressive origins from slavery to war—by the author of Global Slump. In most accounts of the origins of money we are offered pleasant tales in which it arises to the mutual benefit of all parties as a result of barter. But in this groundbreaking study, David McNally reveals the true story of money’s origins and development as one of violence and human bondage. Money’s emergence and its transformation are shown to be intimately connected to the buying and selling of slaves and the waging of war. Blood and Money demonstrates the ways that money has “internalized” its violent origins, making clear that it has become a concentrated force of social power and domination. Where Adam Smith observed that monetary wealth represents “command over labor,” this paradigm shifting book amends his view to define money as comprising the command over persons and their bodies. “This fascinating and informative study, rich in novel insights, treats money not as an abstraction from its social base but as deeply embedded in its essential functions and origins in brutal violence and harsh oppression.” —Noam Chomsky “A fine-grained historical analysis of the interconnection between war, enslavement, finance, and money from classical times to present.” —Jeff Noonan, author of The Troubles of Democracy “McNally casts an unsparing light on the origins of money—and capitalism itself—in this scathing, Marxist-informed account . . . . McNally builds a powerful, richly documented argument that unchecked capitalism prioritizes greed and violence over compassion . . . . [T]his searing academic treatise makes a convincing case.” —Publishers Weekly
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