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I think the fallacy here is the idea that money always represents the same thing. It does not.

Exactly. Economics is politics. It has no independent existence.

Economics is a political tool used to manage the activities of populations.

Money is a whip. Occasionally it's a carrot. It isn't a commodity, it isn't limited, and it doesn't follow quasi-scientific laws.

It would be possible - with some effort - to imagine different accounting systems with different inherent priorities. But currently, as soon as you start thinking about concepts like profit/loss, interest, ROI, GDP and the rest, you're already trapped inside a world of conceptual newspeak where certain thoughts become impossible, and only certain types of relationships between actors are acceptable.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Mon May 9th, 2011 at 09:00:16 AM EST
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