Saturday, September 28, 2024

How Money Was Born: The Small Seashell and the Fierce Maldivian Queen That Made the Modern World

Money began as a language for expressing gratitude and became the lever of the extraction economy — the currency of aggregate human entitlement. In the golden dawn of modern capitalism, Henry Miller — passionate, idealistic, and broke — sang the thrush song of warning: “The dilemma in which we find ourselves today is that no matter how much we increase the purchasing power of the wage-earner he never has enough.” A century hence, the dilemma has swelled to a carbon cloud of doom — and yet money keeps washing through this pale blue dot no longer capable of regarding itself as a world without its circulating medium.

How did we get here?

It turns out we came on the back of a small marine gastropod mollusk, in the lap of a fierce Maldivian queen. READ MORE from The Marginalian

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