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The symbolic crisis of the Euro: Trust and distrust in currency as an identifying medium
Södertörn University, School of Culture and Education, Media and Communication Studies.ORCID iD: 0000-0002-9419-4883
2013 (English)Other (Other academic)
Abstract [en]

This paper focuses on the redefinition of European symbols and in particular the euro currency under the current condition of crisis, in which the identity of Europe is challenged and attributed new connotations. The current financial crisis has material effects for institutions and citizens, but also an important cultural aspect. Money is a means of payment but also a symbolic artefact or ‘micro medium’. Every European symbol demands a level of trust among its users, while also aiming to secure basic trust in the legitimacy of European values. When the euro runs into crisis, this therefore has crucial symbolic repercussions. If for instance Greece is forced to leave the Eurozone, this not only creates monetary difficulties but also questions the signifying force of the € symbol, whose name and design intend to express the foundation of European civilisation in the classical culture of Athens.

Place, publisher, year, edition, pages
London: London School of Economics and Political Science , 2013.
Keyword [en]
euro, Europe, currency, money, politics, culture, meaning, identity, trust, crisis
National Category
Media and Communications
Research subject
Critical and Cultural Theory
Identifiers
URN: urn:nbn:se:sh:diva-19465Local ID: 1552/42/2011OAI: oai:DiVA.org:sh-19465DiVA: diva2:638071
Projects
Narratives of Europe
Funder
The Foundation for Baltic and East European Studies, 1552/42/2011
Note

Euro Crisis in the Press: The Politics of Public Discourse in Europe, LSE blog published 25/7 2013

Available from: 2013-07-25 Created: 2013-07-25 Last updated: 2014-06-17Bibliographically approved

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Other links

http://blogs.lse.ac.uk/eurocrisispress/2013/07/25/the-symbolic-crisis-of-the-euro-trust-and-distrust-in-currency-as-an-identifying-medium/#more-1323

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Fornäs, Johan
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