Monday, May 11, 2020

Money Wisdom #467

"Moreover, with considerable speculative effort he [Leon Bloy] eventually made money into the centre of a strange mystical theology, which has always remained deeply suspect to the Church. Its central insight is that money is nothing but Christ crucified. The circulation of money is the continuation in perpetuo of Christ's suffering upon the cross. From every piece of defiled coinage - all money not given unconditionally to the poor is, and remains, cursed - stares out the face of Christ, punched and spat upon by the rabble. [...] Money is simultaneously and indissolubly both the curse and the deliverance to the world. The tendering of a few coins over a shop-counter opens an abyss that reaches to the heart of the universe. For money, which is always extorted from the poor and always withheld from them, is in all truth 'the suffering of Christ': at once never-ending horror and mysterious promise of salvation."

Joachim Kalka Money as We Knew It - in The New Left Review 60 (Nov-Dec 2009) p.65-76