{"id":15725,"date":"2024-12-10T13:12:27","date_gmt":"2024-12-10T13:12:27","guid":{"rendered":"https:\/\/follow-the-things.onyx-sites.io\/?p=15725"},"modified":"2026-03-05T10:58:24","modified_gmt":"2026-03-05T10:58:24","slug":"20-banknote","status":"publish","type":"post","link":"https:\/\/followthethings.com\/?p=15725","title":{"rendered":"\u00a320 Banknote"},"content":{"rendered":"\n
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followthethings.com<\/strong>
Money & Finance<\/a>
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2009<\/a><\/div>\n\n\n\n
BANK OF ENGLAND<\/a><\/div>\n\n\n\n
\u00a320 NOTE<\/a><\/div>\n\n\n\n
SOURCED IN UZBEKISTAN?<\/a><\/div>\n\n\n\n
SPENT IN THE UK<\/a><\/div>\n\n\n\n
FOLLOW IT YOURSELF<\/a><\/div>\n\n\n\n
POP THE BUBBLE<\/a><\/div>\n\n\n\n
CROSS CULTURES<\/a><\/div>\n\n\n\n
CHOOSE THE RIGHT THING<\/a><\/div>\n\n\n\n
TAKE IT TO PIECES<\/a><\/div>\n\n\n\n
EMBODY EXPLOITATION<\/a><\/div>\n\n\n\n
HUMANISE THINGS<\/a><\/div>\n\n\n\n
MAKE IT SNAPPY<\/a><\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n

“\u00a320 Banknote<\/strong>“
Undergraduate coursework written by Oli Busk.

The students’ first task in the ‘Geographies of Material Culture’ module at the University of Exeter is to make a personal connection between their lives and the lives of others elsewhere in the world who made the things they buy. These are the people who help you to be you, followthethings.com CEO Ian tells them. So choose a commodity that matters to you, that’s an important part of your identity, that you couldn’t do without. Think about its component parts, its materials, and the properties they give to that commodity and your experience of ‘consuming it’. And write a 500 word first person account that connects your lives. One student – Oli Busk – has just got a \u00a3100 parking fine. He goes to the ATM to withdraw some cash, and then starts to think about what money is made from, its materials, its manufacture. Sure, there’s ways that it can be invested ethically and sustainability, but what about how its paper form is produced. The Royal Mint – which manufactures physical cash for the Bank of England – doesn’t say much about what it procures to make that cash. That would probably make it easier to make counterfeit money. So he indulges in some educated guesswork. There’s cotton in those notes, sooo … whose lives – apart from Queen Elizabeth – are in them? To his surprise, the hidden labour he finds is undertaken by students like him. And children.<\/p>\n\n\n\n

Page reference: Oli Busk (2009) \u00a320 Banknote. <\/em>followthethings.com\/\u00a320-banknote.shtml (last accessed <insert date here>)<\/p>\n\n\n\n

Estimated reading time: 8 minutes.<\/p>\n\n\n\n\n\n\n\n

Original<\/strong><\/p>\n\n\n\n

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\u2018You have got to be f*%king kidding\u2019. A \u00a3100 parking ticket. \u2018What the f*%k is wrong with this country?!\u2019 I shouted at my car, followed by a kick and then a hopeless whimper. Why was I so upset? Was it the prospect of forking out \u00a3100 to some unknown person in return for f*%k all? Probably. I need that money to live, but food, water … cigarettes. I can\u2019t live without it. We all need money. We are born, we work, we die. C\u2019est la vie. Money is an essential part of life.<\/p>\n\n\n\n

When I pop to an ATM, my Maestro card + 3**9 = cash. Simple. I do this daily. It\u2019s a habit. I never stop and think about it. I\u2019ve never thought about the materiality of the cash. Hold up a \u00a320 note: read the words, the numbers, look at the pictures. Why does it feel different to the paper you\u2019re read from? It\u2019s cotton paper (Bank of England nd link<\/a>).<\/p>\n\n\n\n

\u2018I was wondering where you source your cotton from?\u2019. \u2018I am not able to divulge that information, Sir. Goodbye\u2019. <\/em>\u2018I am not a journal… BEEEEP.\u2019 The De La Rue Group manufactures banknotes for the UK and sells them to the Bank of England (Bank of England nd link<\/a>). They are circulated and now in my possession. What have the De La Rue Group got to hide? Their website certainly stresses \u2018corporate responsibility\u2019 (De La Rue nd link<\/a>) or \u2018b*l@s\u00b1&t\u2019 for short. The truth is cotton farming is a thorny issue.<\/p>\n\n\n\n

\u2018Zafar, a Khujand University student, tells RFE\/RL\u2019s Tajik service that \u201cstudents are threatened by the university to go to the cotton farms – facing expulsion of we refuse\u201d\u2019 (Najibullah 2008 link<\/a>). In Uzbekistan, the second largest cotton producer, students and children are forced to pick cotton (ibid.). It is estimated that 200,000 children as young as 7 are conscripted to the Ferghana region each year (EJF 2005). Working 11 hour days, no running water, no electricity and getting paid US$6.53 per month (ibid.). No wonder Tesco and Debenhams have boycotted Uzbek cotton (EJF 2008 link<\/a>). The cotton in our banknotes has got to come from somewhere. The cotton is harvested, pulped, turned to paper (Berlow nd link<\/a>). Printed as cash and sold to the Bank of England.<\/p>\n\n\n\n

The truth is we need money, we can\u2019t boycott it so we rely on organisations with acronyms to sort this out. People need to realise that money doesn\u2019t grown on trees and that commodities like cash have history. People need to consider the unseen others that produce the cash in our pockets. When I look through the watermark the Queen is blocking my view. I can\u2019t see the children that pick this cotton and they can\u2019t see me.<\/p>\n<\/blockquote>\n\n\n\n

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Page edited by Ian Cook, with thanks to Shaun French (last updated September 2011). Page originally created for followthethings.com as coursework for the \u2018Geographies of material culture\u2019 module, Exeter University. Reproduced with kind permission of the author.<\/p>\n\n\n\n

Sources<\/strong><\/p>\n\n\n\n

Bank of England (nd) Banknote production. bankofengland.co.uk<\/em> (www.bankofengland.co.uk\/banknotes\/about\/production.htm<\/a> last accessed 1 March 2011)<\/p>\n\n\n\n

Berlow (nd) Paper. How products are made<\/em> (www.madehow.com\/Volume-2\/Paper.html<\/a> last accessed 1 March 2011)<\/p>\n\n\n\n

De La Rue (nd) Corporate responsibility. delarue.com<\/em> (www.delarue.com\/CorporateResponsibi\/<\/a> last accessed 1 March 2011)<\/p>\n\n\n\n

EJF (2005) White gold, the true cost of cotton: Uzbekistan, cotton and the crushing of a nation.<\/em> London: Environmental Justice Foundation (www.ejfoundation.org\/pdf\/white_gold_the_true_cost_of_cotton.pdf<\/a> last accessed 1 March 2011)<\/p>\n\n\n\n

+9 sources<\/summary>\n

EJF (2008) Tesco to ban Uzbek cotton in response to child labour abuses. Environmental Justice Foundation press release<\/em> 15 January (www.ejfoundation.org\/page483.html<\/a> last accessed 1 March 2011)<\/p>\n\n\n\n

Najibullah, F. (2008) Labor violations remain rife In Uzbek cotton fields. Radio Free Europe \/ Radio Liberty<\/em> 9 October (www.rferl.org\/content\/Labor_Violations_Remain_Rife_In_Uzbek_Cotton_Fields\/1328461.html<\/a> last accessed 1 March 2011)<\/p>\n\n\n\n

Summers, C. (2011) How did Libyan money come to be printed in Britain? BBC News<\/em>, 2 September (www.bbc.co.uk\/news\/uk-14746873<\/a> last accessed 2 September 2011)<\/p>\n<\/details>\n\n\n\n

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Image credit<\/summary>\n

Twenty Pounds 2 Detail (https:\/\/flic.kr\/p\/2n7YC69<\/a>) by Anrew Rees (CC BY-ND 2.0).<\/p>\n<\/details>\n\n\n\n

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followthethings.comMoney & Finance “\u00a320 Banknote“Undergraduate coursework written by Oli Busk. The students’ first task in the ‘Geographies of Material Culture’ module at the University of Exeter is to make a personal connection between their lives and the lives of others elsewhere in the world who made the things they buy. These are the people who […]<\/p>\n

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