From: Amilcar Kabral (amilcarkabral@hotmail.com)
Date: Tue Jun 08 2004 - 14:23:38 BST
Money, what is it and why do people want it? In my analysis, money is a
static icon of the dynamic assesment of value. I give you money not for an
item or thing, but for the worth and value that i ascribe to it. If i were
rich i may pay you $20 which is relatively small compared to my total
wealth, but if i were poor and paid you $20 i would be giving you a greater
percentage of my total wealth. But everyone knows that kind of analysis, so
let me get back to the patterns.
Money operates as an agreement between people (one, two people up to
international recognition). Therefore money runs on the social level of the
MoQ. However, relative to short time spans (yearly) some currencies are
stable (low inflation/deflation) and some currencies are instable (high
inflation/deflation & stagflation). This latter fact comes as a result of a
few people printing or destroying more money at a greater rate.
On the other hand, money is also an intellectual pattern. For me to spend my
money on something, i have to judge that thing or service as having value,
relative to my total and dispoable wealth.
With my contention that the social level coming out of the intellectual
(individual). . .
There have to be individuals who ascribe value to things. When two
individuals make individual assessments on value, agree on a standard by
which they judge the value and worth of things, then money is created. Money
is both abstract and concrete. Sure there may be ten cubits of gold, four
yards of silk, one mustard seed or three pounds of flax, whatever the case
the actual items represent a specific measurement. After a few series of
exchanges (and gasp! an exchange system) these different measures may be
cross-referenced much like the formulaic translations from feet to meters
and back and so forth.
So in its origins, money was an intellectual pattern. Over time money became
a social pattern when different monetary systems (systems for valuing)
interacted and became systematized. Rather i could say money became a social
pattern when people using different monetary systems interacted and figured
out how to convert value between their different systems. Today, money (in
general) is a social pattern. The money in my pocket is an intellecual
pattern (yeah, it's not really there -here one day, gone the next)
Amilcar
Dance 'til your knees hurt
Giggle 'til you're gone
Love with abandon
Do
MOQ.ORG - http://www.moq.org
Mail Archive - http://alt.venus.co.uk/hypermail/moq_focus/
MF Queries - horse@darkstar.uk.net
To unsubscribe from moq_focus follow the instructions at:
http://www.moq.org/mf/subscribe.html
This archive was generated by hypermail 2.1.5 : Wed Jun 09 2004 - 00:51:23 BST