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Currency and the Collective Representations of Authority, Nationality, and Value

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  • Georgios Papadopoulos

Abstract

Mainstream economics has consistently ignored the iconography of currency, describing money 'just' as a commodity. The paper is going to investigate the economic and political significance of the representations of authority and nationality in currency describing how these representation support its acceptability. The aim of the analysis is double: to decipher the visual identity of currency and its contribution to the acceptance of money in day-to-day transactions, as well as to discuss the operational principles of the monetary system as they are uncovered in the iconography of money. By answering these questions, the paper is going to trace the theoretical presuppositions and the cultural stereotypes that inform the representation of economic value and national identity as they are articulated in banknotes and coins with a specific emphasis on the European Monetary Union and the recent financial crisis that is still affecting its periphery.

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  • Georgios Papadopoulos, 2015. "Currency and the Collective Representations of Authority, Nationality, and Value," Journal of Cultural Economy, Taylor & Francis Journals, vol. 8(4), pages 521-534, August.
    • Handle: RePEc:taf:jculte:v:8:y:2015:i:4:p:521-534
    DOI: 10.1080/17530350.2014.989884
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    1. Knapp, Georg Friedrich, 1924. "The State Theory of Money," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number knapp1924.
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    Cited by:

    1. Georgios PAPADOPOULOS, 2018. "Review of Max Haiven, Art after Money, Money after Art; Creative Strategies Against Financialization, London: Pluto Press, 2018, 279 pp., pb. £19,99, ISBN 978-074533824," The Journal of Philosophical Economics, Bucharest Academy of Economic Studies, The Journal of Philosophical Economics, vol. 12(1), pages 132-135, November.

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