CALL FOR PAPERS

Modern Money: Aesthetics after the Gold Standard
Department of History of Art
University of California, Berkeley
October 23, 2014

“Money is the root form of representation in bourgeois society.” So T. J. Clark put it in 1999. Almost aphoristic in its phrasing, the sentence turns on the set of questions it raises – about markets and money flows, about value and abstraction, about whom money belongs to, about the “social reality of the Sign” and the effect money has on artmaking. Money becomes a central form – maybe the central form – of life, inescapable and intractable. The conditions that shape our present and the failure of the Left to devise a practicable response have only intensified the urgency of the proposition and the questions that ground its pivot. Our proposition – the proposition of “Modern Money” – is this: that an obscure genealogy of economic thinking known as Chartalism (the coinage, of 1905, belongs to Georg Friedrich Knapp) alters the constitution of that terrain, obliging us in turn to pose Clark’s questions anew, against the orthodoxies (Left and Right) that have crystallized around them, after as it were the gold standard.

Modern Monetary Theory (MMT), ... [show more]