Money emerged by mutual consent as a durable medium

Evidence

And thus came in the use of money, some lasting thing that men might keep without spoiling, and that by mutual consent men would take in exchange for the truly useful, but perishable supports of life. — John Locke, Second Treatise of Government, 58

Categorization

  • DEFINE: Defines money’s philosophical role as consent-based durability.
  • XREF: connects to: Money’s invention legitimizes unequal land possession without society — John Locke, Second Treatise of Government, 61; Money should be understood as relational, not as a mere commodity. — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 87; The introduction of coinage enabled new forms of trade and trust in economic systems. — Neil MacGregor, A History of the World in 100 Objects, 426

Broader Connections