from Part II - Histories
Published online by Cambridge University Press: 03 July 2025
This chapter offers an account of literature’s intervention in the money debates of the early twentieth-century United States. It explores the corrosive effects of banking crises and the fear of corrupt trusts through the realist anti-banking novels of writers such as Upton Sinclair; the persistent social shibboleths of gold versus paper money in the naturalism of Edith Wharton and Frank Norris; the teleological failures of speculation depicted in the caricatures of F. Scott Fitzgerald; and the possibilities and limitations of the crisis that precipitated the New Deal, as suggested by the fiction of Zora Neale Hurston. The chapter also explores, through the writing of Mina Loy, the alternative money debates that were receiving increased attention in this period.
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