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| Author: | Gilbert, E. |
| Title: | Common cents: situating money in time and place |
| Journal: | Economy and Society
2005 : AUG, VOL 34:3, p. 357-388 |
| Index terms: | Money Networks Power Time |
| Freeterms: | Social Theory States |
| Language: | eng |
| Abstract: | This article engages with a wide range of social theories to argue for a more nuanced understanding of money that is attuned to its spatial and scalar dimensions. The paper begins with a brief overview of modernist and postmodernist accounts including the works of Karl Marx, Georg Simmel, Jean Baudrillard, Max Weber, Mar Shell and Jean-Joseph Goux. These theories have provided a useful corrective to neoclassical economic accounts that distil the economic from society and culture, but they reinforce an understanding of money that is homogenizing. Network theories of money, which are reviewed in the following section of this article, offers a more contextualized understanding of money's embeddedness in social relations, in particular vis-à-vis the trust that is invested in money forms and institutions that help to knit together the networks through which money circulates. |
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