Browsing Untitled By Tag : imaginary property

Browsing By Tag "imaginary property"

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Money! Then what is money? It is answered, money represents labor. I meet educated people who even assert that money represents labor performed by those who possess it. I confess that I myself formerly shared this opinion, although I did not very clearly understand it. But now it became necessary for me to learn thoroughly what money is. In order to do so, I addressed myself to science. Science says that money in itself is neither unjust nor pernicious; that money is the natural result of the conditions of social life, and is indispensable, first, for convenience of exchange; secondly, as a measure of value; thirdly, for saving; and fourthly, for payments. The fact that when I have in my pocket three rubles to spare, which I am not in need of, I have only to whistle and in every civilized town I can obtain a hundred people ready for these three rubles to do the worst, most disgusting, and humiliating act I require, it is said, comes not from money, but from...

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