At the heart of the book lies a crucial argument about the pivotal role of war finance in the emergence of modern banking, carefully laid out both in McNally's superlative chapter on the early decades of the Bank of England and in the condensed and fascinating synopsis of American capitalism with which the study concludes. Wolff, Democracy at Work "Blood and Money is an ambitious and challenging account of the nexus between money, war, slavery and, eventually, capitalism-across vast swathes of history. His historical perspective makes the contribution especially insightful." -Richard D. "David McNally's new book makes an important contribution to the growing critical literature on such basic components of contemporary capitalism as markets and money.
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