'Democratic Money' & the Tragedy of Anti-Marxism (wasRe:Populism)

Carrol Cox cbcox at ilstu.edu
Sat Nov 13 19:14:13 PST 1999


Anyone who has read Pound -- and followed up even a small proportion of Pound's sources -- would run for the hills at the thought of any politics based on the manipulation of the money supply. And one of the really great things about the *Cantos*, if you read them thoroughly enough, is that they reveal how deeply implicated in authoritarian politics is not only any social view based on manipulation of money but any social view which gives priority to the manipulation of symbol systems. The hidden equation in all such theories is "money = language." In one of his books Pound makes a statement that all materialist theory is refuted by the fact that the King's stamp gives the coin its value.

And, since language is intentional, and money is language, then placing the source of all good and all evil in the manipulation of money is from

its foundations a conspiratorial theory of human social relations. And if the world as we know it is based on a vast conspiracy to corrupt language, symbols, money (all just the same), then the only salvation is in a counter-conspiracy. Hence Mussolini.

Carrol



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