A pragma-semiotic view on money

 

A pragma-semiotic view on money

Marta Lenartowicz

Abstract:

One of the most promising and exciting glimpses of the future that can be observed in the world today are the many initiatives to design and implement new kinds of money—and to yield a new socio-economic reality as a result. As much as I admire and support these attempts, I think that their theoretical grounds are still lacking a few key distinctions, and some sharper conceptualisation.
 
In my talk I will present an idea of how the theoretical grounds of the monetary reform movement could be potentially advanced by a conceptual transfer from pragmatic linguistics (J.L. Austin). Explaining a monetary transaction as a semiotic occurrence, which is similar but considerably simpler than a linguistic speech act, I will propose to distinguish three dimensions of money which correspond to the locutionary, illocutionary and perlocutionary forces of speech.
 
The proposed conceptual transposition might allow us, I believe, to better understand the relevant dimensions and constraints that need to be taken into account in new currency designs.