Intellectual mentality and money economy mutually reinforce each other

Evidence

The opposite pole of the continuum is found in certain phenomena characteristic of modern culture with its money economy. Here the individual, inasmuch as he produces, buys, sells, and in general performs anything, approaches the ideal of absolute objectivity. Except in the highest leading positions, the individual life and the tone of the total personality is removed from the social action. Individuals are merely engaged in an exchange of performance and counter-performance that takes place according to objective norms—and everything that does not belong to this pure objectivity has actually disappeared from it. The personality itself, with its specific coloration, irrationality, and inner life, has completely absorbed the non-social element and, in a neat separation, has left to the social activities only those energies which are specifically appropriate for them. — Georg Simmel, on individuality and social forms_…, 180 (#expands, via linked claim)

Categorization

• XREF: connects to: The money economy makes social action approach pure objectivity — Georg Simmel, on individuality and social forms_…, 180; Political and intellectual action is the true expression of economic necessity; Economic crises are also conceptual and intellectual catastrophes — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 45 (+1 more)

Related

• The money economy makes social action approach pure objectivity (similarity 0.88)
• Market rule, technocratic insulation, and claims of economic objectivity reinforce each other (similarity 0.80)
• Money economy reduces persons to quantitative exchange value (similarity 0.80)
• Simmel saw money as both cause and expression of social acceleration. (similarity 0.80)
• Money expands economic circles and individualizes participants simultaneously (similarity 0.80)
• Money functions as an equivalent-certainty that reduces the need for information (similarity 0.79)
• Money is an impersonal standard that negates the content of goods (similarity 0.79)

Broader Connections

• The money economy makes social action approach pure objectivity #expands (0.82) — Georg Simmel, on individuality and social forms_…, 180