Money is a pure abstraction

It is a symbol that is used to represent wealth, but it has no inherent value of its own, unlike gold, which can be used in jeweler and computing.

Therefore, accumulation of money is only an accumulation of symbols that represent wealth. How much wealth a person will get out of their money determines on how clearly they understand what genuine wealth is.

We can define wealth constructively as “that which provides for the organism/environment field, all basic requirements for optimum functioning.”
Therefore, money is only required for wealth if a person is unable to provide these basic requirements for optimum functioning out of their own ingenuity, or if a person lives in an environment where the only way to procure said requirements is through trade via a monetary system.

As for individual freedom, the individual as a separate entity is a myth. You cannot talk about an organism without talking about its environment, hence the “organism/environment field”. When we point at an individual, we should note that our pointing is not a designation of identity, but of position. “Individual” is the word we give to a particular action of the whole cosmos as centered on a particular point in space time.

It’s also worth noting that in a situation of finite resources, where resources are represented by money and where money allows for individual freedom, the extent to which one person hoards money is the extent to which his neighbors lose their freedom.

So there is no true freedom in allowing an individual to accumulate mass amounts of wealth, as he restricts freedom elsewhere so that he may clutch more of it to himself.

But, if we remember that the individual is inseparable from his environment, the extent to which he restricts the freedom of his environment is also the extent to which he restricts himself.

In every case then, the accumulation of excess money as opposed to genuine wealth is antithetical to individual freedom.

Advertisements

13 thoughts on “Money is a pure abstraction

  1. An absolutely beautiful post. I’d even add that by hoarding wealth, an individual is doing more than depriving someone else of freedom (though this is a serious crime). They’re also harming themselves. As it currently stands, many of the ways we generate false wealth (money) is from destroying the very environments we depend on. Poverty is often equated with environmental degradation, but large-scale economic activities are far more damaging than anything else. Pursuits such as fossil fuel extraction/use and massive developmental projects harm the earth far more than the rural poor’s attempts to survive. Furthermore, part of the reason less fortunate people are forced to draw so heavily from their surroundings is that others are hoarding finite financial resources to themselves. Also, armed conflicts (like terrorism) become more likely when a group of people feels marginalized and taken advantage of by others; and when they don’t have enough resources to provide for their needs. So by depriving others of their freedom we our ultimately sowing our own ruin.

    Liked by 2 people

  2. Accumulation is pointless. We simply need enough to do what we desire and we will be happy. I was a chaser of money for many years and then I realised that the only thing it made me was unhappy when I didn’t have it.
    Now I am happy with my lot, survive on a simple amount and no longer have the worries that follow us when life is not working out.

    Liked by 2 people

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s