The Future of Money

The Future of Money

Nigel Dodd

Money is the fantasy that makes the world go round. Where did it come from and what is its future? From the Bank of England to Bitcoin and the Bristol Pound, LSE sociologist Nigel Dodd explores.

About the Course

From the resurging interest in Karl Marx's critique of capitalism to the Occupy Movement’s challenge to the financial sector, money is still seen as one of the primary sources of injustice and inequality in the world.

In this two-part course, sociologist Nigel Dodd examines the nature of finance today and argues that new forms of money, from Bitcoin to the Bristol Pound, have the potential to bring about a better society.

You will learn about:

  • The barter and debt theories of money.
  • How quantitative easing works.
  • The collapse of the cash economy and how digital technologies are transforming our relationship to finance.
  • What alternative forms of money have a progressive social potential.


Through video lectures, questions and suggested reading discover what money is and how it can be transformed to achieve social justice.  Share your ideas and support your learning through our discussion boards and test your knowledge with an end of course assessment.


This course is designed for anyone interested in economics, the sociology of money or alternative financial systems and requires no prior knowledge. Whether you’re student, sociologist or you just want to learn more, we welcome you to join The Future of Money.

About the Instructor

  • Nigel Dodd

    Nigel Dodd is Professor of Sociology and Head of Department at the London School of Economics. His research focuses on the sociology of money and its relationship to social theory. He is the author of The Social Life of Money and Utopianism and The Future of Money.

Course Syllabus

  • Part One: Making Money
    Dodd argues our account of the origin of money is wrong. How does this myth define politics today?
  • Part Two: Cashing In
    Should we abandon state currencies? Are the emerging alternatives liberating or dangerous?