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A Turn to Hegel

Dollars funnel.

What is money? What is the nature of money? This is a problem that has occupied Sociologists since Karl Marx wrote his magnum opus, Das Kapital. If you go by Karl M's massive, or by any of the many Economics 100 texts (which often don't even bother to define money), money is a mystified, magical thing that requires incredible effort to understand. In reality though that's not the case. Money is simply abstracted labour, pure and simple. Once you understand that, then you have the key to understanding the whole of modern society, including the pernicious problems we all face, problems caused by the easy way money allows us to accumulate labour.

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