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Monetary Enlightenment - Aaron Sahr, Die Monetäre Maschine. Eine Kritik der finanziellen Vernunft (Munich, C.H. Beck, 2022, 447 p.)

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Aaron Sahr, Die Monetäre Maschine. Eine Kritik der finanziellen Vernunft (Munich, C.H. Beck, 2022, 447 p.)

Published online by Cambridge University Press:  13 March 2023

Leon Wansleben*
Affiliation:
Max Planck Institute for the Study of Societies, Köln [lw@mpifg.de].
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Abstract

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Type
Book Review
Copyright
© The Author(s), 2023. Published by Cambridge University Press on behalf of European Journal of Sociology

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References

1 Philip Mirowski, 1991. “Postmodernism and the Social Theory of Value,” Journal of Post Keynesian Economics, 13, (4): 565 [http://www.jstor.org/stable/4538264].

2 An unfortunate consequence of neglecting actors’ specific stakes and perspectives within the money-grid is that Sahr sometimes confuses the latent macro-functions of specific processes with their explicit, subjective meanings. For instance, just like MMT proponents, Sahr argues that taxes cannot be considered “income” for public authorities. This is plain wrong from the treasurer’s point of view.