Green. Moolah. Coin. Benjamins. Greenbacks. Clams. Semolians. Dough. What is this mystical thing we call money? And after this latest Wall Street crash and the global economic bellyflop that’s come to be known by some as the Great Recession, how can we be sure the people who say they know what it is actually do?
When “financial innovation” creates a shadow economy accountable to no one—when money is no longer connected to real goods —when it’s just a bunch of numbers in the air—what does that mean for the single mother who can’t afford to feed her family? When there’s work that needs to be done, and people willing to do it, but no money to grease the wheels of capitalism, what can be done to fix the system? How do we prevent this from ever happening again?