But if inventions have increased man's power over nature very much, then the real value of money is better measured for some purposes in labour than in commodities.
Sentiment: NEGATIVE
Money is not real. It is a conscious agreement on measuring value.
The most interesting thing about the idea of money is that it makes it possible to measure something in previous ages we couldn't be sure about, and that something is power.
Values are more important than money.
If a commodity were in no way useful, - in other words, if it could in no way contribute to our gratification, - it would be destitute of exchangeable value, however scarce it might be, or whatever quantity of labour might be necessary to procure it.
Money is always transitively valued. More money is supposedly always better than less money.
For things to have value in man's world, they are given the role of commodities. Among man's oldest and most constant commodity is woman.
The value of a dollar is social, as it is created by society.
Money is a very important tool to make a big difference in people's life. It is positive or negative depending on the values.
The value of a currency is, ultimately, what someone will give you for it - whether in food, fuel, assets, or labor. And that's always and everywhere a subjective decision.
Our assessment of socio-economic worth is largely a sham. We scientists should not lend ourselves to it - though we routinely do. We should, instead, insist on applying the criterion of quality.