Showing posts with label unequal money. Show all posts
Showing posts with label unequal money. Show all posts

Simmel, Georg. The Philosophy of Money

Georg Simmel, The Philosophy of Money (1900). This was originally a blog post on the main Aargh site.

So I continue to ponder Cory Doctorow's Whuffie, Charles Stross's fast/medium/slow money, and other exotic speculative currency.

But the one I'm thinking about this afternoon isn't from science fiction -- not as far as I know, anyway -- but from Georg Simmel's The Philosophy of Money (1900).

I'm interested in a somewhat adapted, purified and thinned-out version of what Simmel describes as "the system of unequal prices corresponding to the means of the consumer" (p.343). It is a kind of antithesis to the Thomist just price, and you can also hear echoes of a remark of Nietzsche's in Human, All Too Human:
[...] a shilling in the hand of a rich heir, a day-labourer, a shop-keeper, a student are quite different things: according to whether he did almost nothing or a great deal to get it, each ought to receive little or a great deal in exchange for it: in reality it is, of course, the other way round (§25)