Money is credit. What is credit?

If you are not convinced, try it on someone who has not been entirely debauched by economics. — Piero Sraffa

Money as a token of political power, thats it? Shouldn't it be connected somehow to the efficient working of society?

In the same sense and to the same extent that parliament should be connected somehow to the efficient working of society. That does not, however, mean that the number of votes cast in elections, or the number of laws passed in parliament, should be tied to the amount of gold, land or kWh in the economy.

Far from me to suggest that money and power are not tightly associated, but I would say that there should be space for a definition that in includes society functioning.

Well, I should hope that parliament keeps the functioning of society in mind when it conducts its business. That is one of the selling points of democracy, after all.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.