Excerpt: ... with written language as to do away with money. Nevertheless, this question of a circulating medium is very troublesome. It forms one of the chief elements of 97 complication in our life. The economic difficulties amid which we still flounder, social conventionalities, and the entire organization of modern life, have carried gold to a ...
Excerpt: ... with written language as to do away with money. Nevertheless, this question of a circulating medium is very troublesome. It forms one of the chief elements of 97 complication in our life. The economic difficulties amid which we still flounder, social conventionalities, and the entire organization of modern life, have carried gold to a rank so eminent that it is not astonishing to find the imagination of man attributing to it a sort of royalty. And it is on this side that we shall attack the problem. The term money has for appendage that of merchandise. If there were no merchandise there would be no money; but as long as there is merchandise there will be money, little matter under what form. The source of all the abuses which centre around money lies in a lack of discrimination. People have confused under the term and idea of merchandise, things which have no relation with one another. They have attempted to give a venal value to things which neither could have it nor ought to. The idea of purchase and sale has invaded ground where it may justly be considered an enemy and a usurper. It is reasonable that wheat, potatoes, wine, fabrics, should be bought and sold, and it is perfectly natural that a man's labor procure him rights to life, and that there be put into his hands something whose value represents them; but here already the analogy ceases to be 98 complete. A man's labor is not merchandise in the same sense as a sack of flour or a ton of coal. Into this labor enter elements which cannot be valued in money. In short, there are things which can in no wise be bought: sleep, for instance, knowledge of the future, talent. He who offers them for sale must be considered a fool or an impostor. And yet there are gentlemen who coin money by such traffic. They sell what does not belong to them, and their dupes pay fictitious values in veritable coin. So, too, there are dealers in pleasure, dealers in love, dealers in miracles, dealers in patriotism, ..
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