A Quote by Karl Marx
Money appears as measure (in Homer, e.g. oxen) earlier than as medium of exchange, because in barter each commodity is still its own medium of exchange. But it cannot be its own or its own standard of comparison.
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Money is an invention of the marketplace of exchange,
brought into being by traders
who discovered that a reliable medium
could facilitate trades that were more difficult
or even impossible by barter alone.
We had our own civilization in Africa before we were captured and carried off to this land. We smelted iron, danced, made music and folk poems; we sculpted, worked in glass, spun cotton and wool, wove baskets and cloth. We invented a medium of exchange, mined silver and gold, made pottery and cutlery, we fashioned tools and utensils of brass, bronze, ivory, quartz, and granite. We had our own literature, our own systems of law, religion, medicine, science, and education.
In primitive society, man produced directly for the satisfaction of his own wants, but with the development of society came differentiation of function; exchange and barter arose, various trades sprang up, and with the necessity of commercial intercourse came the invention of money.
I can write a song in the back of the bus, where I am right now, or in my living room, and I can perform it that night and have an instant reciprocal exchange - an emotional, impactful exchange - and it's a less technical medium. It's a pure expression from my soul to other souls.
Debt is not just a money thing. It's about owing and being owed. Money is just one thing you can exchange. You can exchange good deeds, you can exchange revenge, you can exchange murders.
The difference between the arts arises because of the difference in the nature of the mediums of expression and the emphasis induced by the nature of each medium. Each means of expression has its own order of being, its own units.
Money is the medium of exchange, and it's how you make things happen. To say you hate it is some farfetched, idealistic crap.
I believe that people have a right to decide their own destinies; people own themselves. I also believe that, in a democracy, government exists because (and only so long as) individual citizens give it a temporary license to exist, in exchange for a promise that it will behave itself. In a democracy, you own the government. It doesn't own you.
Money is different from all other commodities: other things being equal, more shoes, or more discoveries of oil or copper benefit society, since they help alleviate natural scarcity. But once a commodity is established as a money on the market, no more money at all is needed. Since the only use of money is for exchange and reckoning, more dollars or pounds or marks in circulation cannot confer a social benefit: they will simply dilute the exchange value of every existing dollar or pound or mark.
There are no standards of taste in wine... Each man's own taste is the standard, and a majority vote cannot decide for him or in any slightest degree affect the supremacy of his own standard.
A story rises from the springs of creation, from the pure will to be; it tells itself; I takes its own course, finds its own way, its own words; and the writer's job is to be its medium.
You don't have to look poor, you don't have to look down; For money is a
medium of exchange, and that's all; but it is not a mind regulator unless you
allow it to be.
For more than two thousand years gold's natural qualities made it man's universal medium of exchange. In contrast to political money, gold is honest money that survived the ages and will live on long after the political fiats of today have gone the way of all paper.
The market insures that any quantity of money is capable of performing all the work required of a medium of exchange by adjusting its purchasing power to the underlying conditions of supply and demand.
Money is the general medium of exchange. It is the thing for which all other goods are traded, the means of final payment for such goods on the market.
For a black activist, for an activist of all walks of life, the Internet has become this kind of meeting place where we can exchange ideas, where we can learn from each other, where we can get inspired about new ways that we can make changes within our own communities and own homes.
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