Published online by Cambridge University Press: 03 July 2025
The introduction initially approaches the topic of money and American literature via key passages from the work of Thomas Pynchon, Leslie Marmon Silko, and Toni Morrison. It then traces three key threads running through the following chapters. Firstly, it considers the close interrelationship between money and ideas of American nationhood: how the unity of the “United States” has been fostered, and unsettled, through monetary initiatives, schemes, and experiments. Next, it addresses the interplay between materiality and immateriality – “real” and “imaginary” forms of value – that has been a persistent topic of debate in American monetary history, as well as the closely related question of money’s deep affinity with writing as a different but connected form of value-bearing inscription. A pivotal, money-themed chapter of Herman Melville’s Moby-Dick (1851) serves as a case study. The introduction’s final section foregrounds the fundamental question of money’s relation to power and identity: its constitutive role in structures of inequality, exploitation, and marginalization and, in particular, its inextricability – as society’s dominant measure of value – from conceptions of race, ethnicity, gender, and sexuality. Examples from F. Scott Fitzgerald and Nella Larsen serve to illustrate these ideas.
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