Description
Money, Value, and the State provides a comprehensive analysis of how monetary systems function as instruments of state power and social organization in East Africa. Kevin P. Donovan examines the intricate connections between currency, value creation, and the exercise of sovereignty, revealing how financial systems fundamentally shape citizenship and belonging in the region.
The book investigates the cultural meanings embedded in money and explores how East African states use monetary control to establish authority and manage populations. Donovan demonstrates that money is not merely an economic tool but a deeply political and spiritual phenomenon that reflects broader questions about national identity, legitimacy, and social cohesion. Through ethnographic research and historical analysis, this work challenges conventional economic approaches by revealing the sacred and social dimensions of financial systems.
As part of the African Studies series, this volume contributes vital insights into understanding contemporary East African politics, economics, and society from a perspective that integrates anthropological, historical, and political analysis.
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