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WORLD POLICY ON AIR

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World Policy On Air, Ep. 95: "The Currency of History"

World Policy On Air is a podcast from the pages and website of World Policy Journal.

From bartering to coins, paper, and virtual currency, economic transfers have taken many forms over the centuries to facilitate finance and trade. Yet, as historian Rebecca L. Spang explains on today's episode of World Policy On Air, the narrative tying changes in money to technological progress obscures the political aspects of currency and the inequality it produces.

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[Photo courtesy of Wikimedia Commons]

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Anonymous's picture
Prof. Rebecca L Spang


While greatly appreciating an enlighting podcast - the idea of internally multiple meaning of money also perhaps involve the multiple meanings of money - which while being an old thing has its impacts in how money is used or even has its uses. This has very direct political impacts. Yet for some or even many people across the globe that do use different means of transactions well - including 'hawala'etc - which Prof. Lang mentioned in the context of France, the fear of cyber-crime also weighs heavy on many poor/middleclass people. In countries like India on its religious-facist turns while being largely crime-terror - the current specialization often sought by its Islamists as well as Hindu crime-terror groups as well as masses socialized in crime-terror are being computer savvy for cyber crime. While elsewhere these usually are subcultural or anti-cultural manifestations, states & societies like India posit it as a general trend that does not escape it's Christian segments anymore than the others. It often marks a complicity of global crime-terror groups even if plain economic offences could be their objectives & not necessarily political ones although Hindu groups present a transformative strategic agenda as much the Islamic or Christian ones do.
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