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When the state tries to edit the dictionary…and fails: the return of the Zimbabwean dollar

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    Abstract

    Exploring the return of state money to Zimbabwe in June 2019 after a 10-year absence, this paper critiques the lexicographical metaphors employed by Keynes and contemporary neo-chartalists as overly prescriptivist and inadequate to understanding debates over money’s proper form as terrains of struggle over the politics of social reproduction. For, rather than seamlessly reconfiguring the nation’s monetary lexicon in its reintroduction of the Zimbabwean dollar, the Zimbabwean state was at nearly every moment in the process chasing and attempting to co-opt everyday practices of the informal sector predicated on the non-fungibility of different kinds of dollars. The Zimbabwean case in turn prompts a reconceptualization of received understandings as money as the ‘creature of the state’.

    Original languageEnglish
    Pages (from-to)71-94
    Number of pages24
    JournalEconomy and Society
    Volume51
    Issue number1
    Early online date16 Nov 2021
    DOIs
    Publication statusPublished - 2022

    Keywords

    • Zimbabwe
    • Zimbabwean dollar
    • chartalism
    • economic anthropology
    • money
    • money as a creature of the state

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