Money: Substance or Symbol - Part I

Dale-c · Jul 27, 2006

Public education had indoctrinated every one of us in Enlightenment rationalism. We don’t know any other way to think about the world. We’ve been taught that we have to abstract the essential principle of everything, separating it from all distracting particulars and details. But however useful they may be to discussions, abstracts will mislead us unless we remember that they are merely imaginary categories, and not real.

No matter what crazy conclusions result, the modern world plods on, enslaved to “scientific” rationalism. We are slaves to abstractions, to unreal things that do not exist. It is worse than being ruled by the dead. It is being ruled by the non-existent, for the benefit of a very few living. When a monetary system substitutes abstractions for realities, the error quickly and cruelly avenges itself — for real, and not in the abstract.

Our abstract monetary system creates money by borrowing it into existence through banks. Eventually, those who create the money will enslave everyone else in debt, and end up owning all property. The abstract will consume the reality. The only solution is, don’t use their money.
Click to expand...

http://theamericanview.com/index.php?id=670

KenH · Jul 27, 2006

Our money should be backed by something of substance, of value - gold. Then we would have honest money.

billwald · Jul 27, 2006

I create money every time I use a credit card. My chances of enslaving you are quite small.

Dale-c · Jul 28, 2006

I create money every time I use a credit card. My chances of enslaving you are quite small.
Click to expand...

And it is YOU that will (have?) become enslaved.

billwald · Jul 28, 2006

"Money" is a system for keeping score in the game of life and a method of equating labor to the value of assets.

I'm doing just fine.

genesis12 · Jul 28, 2006

We are slaves to abstractions, to unreal things that do not exist. It is worse than being ruled by the dead. It is being ruled by the non-existent, for the benefit of a very few living.
Click to expand...

Brilliant. I wish I had written it.

Money: Substance or Symbol - Part I

Dale-c Active Member

KenH Well-Known Member

billwald New Member

Dale-c Active Member

billwald New Member

genesis12 Member

Useful Searches

Money: Substance or Symbol - Part I

Dale-c Active Member

KenH Well-Known Member

billwald New Member

Dale-c Active Member

billwald New Member

genesis12 Member