Exciting the Industry of Mankind George Berkeley's Philosophy of Money (International Archives of the History of Ideas Archives internationales d'histoire des idées)
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Exciting the Industry of Mankind is the first comprehensive book about George Berkeley's revolutionary views on money and banking. Berkeley broke the conceptual link between money and metallic substance in The Querist, a work published between 1735 and 1737 in Dublin, consisting entirely of questions. Exciting the Industry of Mankind explains what economic and social forces caused Berkeley to write The Querist in response to a major economic crisis in Ireland.
Exciting the Industry of Mankind falsifies the view that Berkeley has nothing to tell us about our present and future social and economic life. For the `idealism' Berkeley found in the money form is now becoming a fact of global economic life, when `xenomoney' and `virtual money' exchanges begin to dwarf commodity transactions, and the future becomes the dominant temporal dimension of economic activity.
Philosophers, historians, cultural theorists, economists and lovers of Irish history will be interested in this volume.
mighty Bubble. 37 The logic of magic-"Virtue"-and the commodity-"Computing"were co-present and hence equally suspicious of the other. This contradiction of mutually annihilating enchantments was recognized by everyone in London, from the street singer to the Westminister backbencher to the Anglican clergyman. Surely, the lag between theoretical reason and institutional practice posed serious problems for the 40 Berkeley's Monetary Education bureaucrats and financiers who were in charge of the
E. P. Thompson has shown for the English, but the Irish seemed determined to carry it on even beyond the grave. 57 Consider how Dorothy George described an Irish wake in eighteenthcentury London (I refer the reader to Joyce's Finnegan's Wake for a slightly different approach): "The corpse, no matter what had been the cause of death, was laid out upon the only bed and burial was delayed, often for very many days, till money had been collected from the neighbors for the wake, which was open to all
and capital to England. To save Ireland, however, the "native" Irish refusal to work and the "Gothic" mentality of the Anglo-Irish graziers had to be overcome on "native ground." But solving one problem could aggravate the others. For if, say, emigration of labor and capital flow to England were stopped, then The Problematic of the Querist 13 5 why should the English militarily support the Anglo-Irish rulers in case of trouble? Were Berkeley, Swift, Prior and the members of the Dublin Society
query was a foregone conclusion: 11.228. Whether the most indolent would be fond of idleness, if they regarded it as the sure road to hard labour?80 One can sense the Querist's theoretical delight at the prospect of such a scheme which sets up a constant tension in the cynical breasts of the "native Irish." If indolence is, as Hylas defines it in the Dialogues, "nothing more than a privation of both pain and pleasure," then these vulgar cynics would find it impossible to rest under the Querist's
"perverse" or "backward bending" labour supply curve is a phenomenon of "underdeveloped" as well as "post-industrial" capitalist societies, cf. Hunter and Robertson (1969: 213-17). One's labor supply curve becomes non-"normal" if one substitutes "unpaid time for paid"-this is called the "negative income effect." This "effect" is an anathema political economists tried to eliminate in the United States during the 1980s, and they have been rather successful, cf. Schor (1991). 57. Cf. Thompson's now