Money After Decolonization

The transformation of money from a fixed anchor to something altogether more fluid is typically told as the story of a center that could not hold. Bretton Woods breaks up, and finance colonizes the world. Rather, we may get further in our critical analysis by revising the emergence of finance in the present conjuncture as a process of decolonization. A generative line of investigation would be to align the operations of money with those of the derivative, in which information flows can be priced and knowledge valued. In this respect, derivative money can generate a rethinking of the capital-labor relation and perhaps a reconception of key political formations.