Money is an impersonal standard that negates the content of goods
Evidence
Marx spoke of money as “the universal whore,” a medium of exchange which negates the content of goods or services by substituting for them an impersonal standard. Money permits the exchange of anything for anything, regardless of whether the goods involved share any substantive qualities in common with one another. — Anthony Giddens, The Consequences of Modernity, 65
Categorization
- SHARE: Marx’s ‘universal whore’ line about money is a great throwaway for a sociologically-minded friend.
- XREF: connects to: Money is transferable freedom deferring choices of when, with whom, and for what.; Money and dialectic are secondary codifications that double a medium’s options; Money economy reduces persons to quantitative exchange value — Georg Simmel, on individuality and social forms_…, 750 (+10 more)
Related
- Money and dialectic are secondary codifications that double a medium’s options (similarity 0.89)
- Money erases qualitative distinctions by reducing everything to quantity (similarity 0.87)
- The money economy makes social action approach pure objectivity (similarity 0.83)
- Money is transferable freedom deferring choices of when, with whom, and for what. (similarity 0.83)
- Money economy reduces persons to quantitative exchange value (similarity 0.82)
- Money as arbitrary fiction can only represent real social labour (similarity 0.82)
- Money functions as an equivalent-certainty that reduces the need for information (similarity 0.82)
- Money makes desire instantly operative, dissolving the technical distance to objects (similarity 0.81)
- Money carries multiple frames of value beyond its economic function (similarity 0.80)
- Money expands economic circles and individualizes participants simultaneously (similarity 0.79)
- Divergence between value and price arises when one value-quality becomes a single standard. (similarity 0.79)
- Intellectual mentality and money economy mutually reinforce each other (similarity 0.79)
- Simmel saw money as both cause and expression of social acceleration. (similarity 0.78)
Broader Connections
- Money economy reduces persons to quantitative exchange value
#corroborates(0.80) — Georg Simmel, on individuality and social forms_…, 750 - The money economy makes social action approach pure objectivity
#corroborates(0.70) — Georg Simmel, on individuality and social forms_…, 180