This essay offers a concise reconstruction of the evolution of money in the West. The author describes a long-term oscillation between two opposites: the secular phase of ‘monetary polytheism’ has been followed by a ‘monotheistic’ period based on the monetary sovereignty and the gold standard regime. The more recent affirmation of a purely fiduciary form of money finally seems to pave the way for a singular return of ‘monetary polytheism’, thanks also to the technical possibility of giving rise to new forms of private money, free from the public regulation and control of political authority.
Verso un nuovo politeismo? Dalla moneta immaginaria alle criptovalute
Ivan Pupolizio
2022-01-01
Abstract
This essay offers a concise reconstruction of the evolution of money in the West. The author describes a long-term oscillation between two opposites: the secular phase of ‘monetary polytheism’ has been followed by a ‘monotheistic’ period based on the monetary sovereignty and the gold standard regime. The more recent affirmation of a purely fiduciary form of money finally seems to pave the way for a singular return of ‘monetary polytheism’, thanks also to the technical possibility of giving rise to new forms of private money, free from the public regulation and control of political authority.File in questo prodotto:
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