Learning from the Global Financial Crisis: Creatively, Reliably, and Sustainably

By Paul Shrivastava; Matt Statler | Go to book overview

3 Smashing Moneytheist Mirrors
How Artists Help Us Live with Financial Schizophrenia

Pierre Guillet de Monthoux

Before the crisis, we lived in global faith that value was all about economic exchange satisfactory mirrored by money. To constructively confront postcrises worlds, we must leave such “moneytheism” behind. While tracing the roots of “moneytheism” and warning of its fatal consequences, this chapter claims that art intuitively enlightens and broadens our perspectives. A performance at the Venice biennale in 2009 by the Italian artist Michelangelo Pistoletto illustrates how this can happen.


Blurred ref lections

Subprime mortgage lenders force people out of their homes. Lehman Brothers files for bankruptcy. Public and private debt skyrockets. And almost simultaneously, all the problems of population, poverty, environment, morality, and social order cluster under one headline: “Financial Crisis!” At the outset, the crisis misleads us into believing that money is the cause and that political problems are the effect, and we soon become confident that the world can be reduced to matters that money can measure. The more the financial crisis dominates our minds, the more the world becomes a financial entity that money best mirrors. The crisis justifies our financial faith and converts us all to true believers in a moneytheist ideology.

In the precrisis United States, when 40 percent of corporate profit was derived from financial operations, finance was primarily considered a somewhat boring technical exercise that created wealth and provided a dull job for

-76-

Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this book

This book has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this book

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this page

Cited page

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited page

Bookmark this page
Learning from the Global Financial Crisis: Creatively, Reliably, and Sustainably
Table of contents

Table of contents

Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Full screen
/ 364

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited passage

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.