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The New Edge of Radical Economics: What is Money?


In this video, David Graeber, Occupy Wall Street activist and author of Debt: The First 5,000 Years, and Charles Eisenstein, author of Sacred Economics, tackle the loaded question: What is money? Eisenstein and Graeber aptly compare money to magic, and explore the notion that money works because we all believe in it. 

This video was recorded by Jonathan VanWettering at NYU Kimmel Center on August 22nd, 2012 for "The New Edge of Radical Economics," an Evolver Network event moderated by Daniel Pinchbeck. 

 

Comments

Money

I respectfully disagree that money is magic. Money is energy and the use of money is power. Sometimes the use of a large quantity of money in a short time seems like magic, but it is still a demonstration of power. Instead of mystifying money is would be better to define it accurately.

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