How Money Dominates Human Lives Everywhere / Arjun Jayadev

This Is Hell!

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4.9 • 937 Ratings

🗓️ 19 May 2026

⏱️ 87 minutes

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Summary

Educator and author Arjun Jayadev joins This Is Hell! to talk about the new book published by The University Of Chicago Press that he co-wrote with J.W. Mason called “Against Money”, which talks about how money has gotten to dominate the lives of humans world wide as it become the most influential human creation. https://press.uchicago.edu/ucp/books/book/chicago/A/bo265118979.html Arjun Jayadev is professor of economics and director of the Centre for the Study of the Indian Economy at Azim Premji University in India. He has previously taught at the University of Massachusetts-Boston. He is also a Senior Economist at the Institute for New Economic Thinking. His research combines quantitative and theoretical analysis of Finance, Development, Political Economy and Intellectual Property. He is also a fellow at the Groundwork Collective. https://groundworkcollaborative.org/ We will have new installments of Rotten History and Hangover Cure. We will also be sharing your answers to this week's Question from Hell! from Patreon. Help keep This Is Hell! completely listener supported and access bonus episodes by subscribing to our Patreon: www.patreon.com/thisishell

Transcript

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0:00.0	Biggie
0:03.0	Six years out This is hell.
0:41.4	And producing today's show is Chris Cool fan.
0:45.3	Chris, what was the music that you were playing prior to this morning's opening?
0:49.0	Six cities sometimes by the Buzzcocks.
0:49.9	Oh, that's what that was.
0:51.3	I thought that was Pete Shelley.
0:52.6	I wasn't too sure if it was or not. Yeah, I remember something live, but they're a fantastic. I saw them live twice. They're a fantastic band live. Yeah, they're fantastic. I love that band. I saw the other lead singer. I'm forgetting his name, Howard. I can't remember his name. Howard Devoto. I saw him at a solo show in Detroit one time that was one of the worst shows I've ever seen, unfortunately.
1:11.9	My condolences. I saw the Poges once, and they had to carry Shane McGowan to the stage. Then he, like, went to sleep on a couch next to the stage. The guitar is saying he came back, so that was the worst show I've seen. The Poggs without Shane McGowan doesn't sound all that great. One of my favorite taglines for the show is live from late capitalism, where we know the price of everything but the value of nothing. This is hell. It was originally live from the United States, but we changed it to live from Lake capitalism because knowing the price of
1:46.8	everything but the value of nothing is not a condition that is exclusively limited to the
1:52.4	United States of America. In fact, it is arguable that knowing the monetary worth of a good
1:57.3	and valuing that worth more than how it benefits society, well, that's a global
2:02.3	disorder. Money, as our guest today argues, in their new book, permeates our lives and the way
2:08.7	we view the world around us, which is thoroughly saturated with a long list of financial
2:14.2	transactions and a long financial history.
2:18.3	Oddly, the monetary cost of a thing adds the identity we give it, despite that cost not
2:24.3	reflecting that goods intrinsic value.
2:28.3	Money is weird that way, and it's not like we are all suddenly realizing it.
2:33.3	It seems that since it's beginning like we are all suddenly realizing it it seems that since
2:34.5	it's beginning people always found this relationship between currency and
2:38.6	commodity to be somewhat let's say off let alone between money and humanity
2:45.4	that disconnect by what our guest calls money world from real world can be both dangerous and destructive.
	...

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