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Wednesday 15 April 2009

The Power of Money

The Power of Money
Karl Marx
The distorting and confounding of all human and natural qualities, the fraternization of impossibilities — the divine power of money — lies in its character as men’s estranged, alienating and self-disposing species-nature. Money is the alienated ability of mankind.
That which I am unable to do as a man, and of which therefore all my individual essential powers are incapable, I am able to do by means of money. Money thus turns each of these powers into something which in itself it is not — turns it, that is, into its contrary.
If I long for a particular dish or want to take the mail-coach because I am not strong enough to go by foot, money fetches me the dish and the mail-coach: that is, it converts my wishes from something in the realm of imagination, translates them from their meditated, imagined or desired existence into their sensuous, actual existence — from imagination to life, from imagined being into real being. In effecting this mediation, [money] is the truly creative power.
No doubt the demand also exists for him who has no money, but his demand is a mere thing of the imagination without effect or existence for me, for a third party, for the [others], and which therefore remains even for me unreal and objectless. The difference between effective demand based on money and ineffective demand based on my need, my passion, my wish, etc., is the difference between being and thinking, between the idea which merely exists within me and the idea which exists as a real object outside of me.
If I have no money for travel, I have no need — that is, no real and realizable need — to travel. If I have the vocation for study but no money for it, I have no vocation for study — that is, no effective, no true vocation. On the other hand, if I have really no vocation for study but have the will and the money for it, I have an effective vocation for it.
Money as the external, universal medium and faculty (not springing from man as man or from human society as society) for turning an image into reality and reality into a mere image, transforms the real essential powers of man and nature into what are merely abstract notions and therefore imperfections and tormenting chimeras, just as it transforms real imperfections and chimeras — essential powers which are really impotent, which exist only in the imagination of the individual — into real essential powers and faculties. In the light of this characteristic alone, money is thus the general distorting of individualities which turns them into their opposite and confers contradictory attributes upon their attributes.
Money, then, appears as this distorting power both against the individual and against the bonds of society, etc., which claim to be entities in themselves. It transforms fidelity into infidelity, love into hate, hate into love, virtue into vice, vice into virtue, servant into master, master into servant, idiocy into intelligence, and intelligence into idiocy.
Since money, as the existing and active concept of value, confounds and confuses all things, it is the general confounding and confusing of all things — the world upside-down — the confounding and confusing of all natural and human qualities.
He who can buy bravery is brave, though he be a coward. As money is not exchanged for any one specific quality, for any one specific thing, or for any particular human essential power, but for the entire objective world of man and nature, from the standpoint of its possessor it therefore serves to exchange every quality for every other, even contradictory, quality and object: it is the fraternization of impossibilities. It makes contradictions embrace.
Assume man to be man and his relationship to the world to be a human one: then you can exchange love only for love, trust for trust, etc. If you want to enjoy art, you must be an artistically cultivated person; if you want to exercise influence over other people, you must be a person with a stimulating and encouraging effect on other people. Every one of your relations to man and to nature must be a specific expression, corresponding to the object of your will, of your real individual life. If you love without evoking love in return — that is, if your loving as loving does not produce reciprocal love; if through a living expression of yourself as a loving person you do not make yourself a beloved one, then your love is impotent — a misfortune.


The Power of Money
Karl Marx
The distorting and confounding of all human and natural qualities, the fraternization of impossibilities — the divine power of money — lies in its character as men’s estranged, alienating and self-disposing species-nature. Money is the alienated ability of mankind.
That which I am unable to do as a man, and of which therefore all my individual essential powers are incapable, I am able to do by means of money. Money thus turns each of these powers into something which in itself it is not — turns it, that is, into its contrary.
° What are the powers he's referring to? (Individual essential powers) ® choosing, feeling, distinguishing between good and bad... the powers that differentiate between man and animal.
° In what way does money influence these powers? Cancels them and changes their role and essence.
° Give an example for an individual essential power and how money changes it.
If I long for a particular dish or want to take the mail-coach because I am not strong enough to go by foot, money fetches me the dish and the mail-coach: that is, it converts my wishes from something in the realm of imagination, translates them from their meditated, imagined or desired existence into their sensuous, actual existence — from imagination to life, from imagined being into real being. In effecting this mediation, [money] is the truly creative power.
° What is the process that money creates within man? It allows him to turn a want or a need into reality/something exicsting
° Give an example.
No doubt the demand also exists for him who has no money, but his demand is a mere thing of the imagination without effect or existence for me, for a third party, for the [others], and which therefore remains even for me unreal and objectless. The difference between effective demand based on money and ineffective demand based on my need, my passion, my wish, etc., is the difference between being and thinking, between the idea which merely exists within me and the idea which exists as a real object outside of me.
° What's the distinction between effective demand and ineffective demand? Effective = there is money = there is a real abbility to realize this demand. Ineffective = there is no money and therefor there is no abbility to realize this demand/need
° What new and non-concrete affect does money get according to this? Money affects not only a person who carries it but also a person who doesn't carry it but has a need/passion/wish.
® Money affects my needs and not only enables them.

If I have no money for travel, I have no need — that is, no real and realizable need — to travel. If I have the vocation for study but no money for it, I have no vocation for study — that is, no effective, no true vocation. On the other hand, if I have really no vocation for study but have the will and the money for it, I have an effective vocation for it.
° Money shapes vocation! In what way? The fact that I have money affects my will and creates vocation
Money as the external, universal medium and faculty (not springing from man as man or from human society as society) for turning an image into reality and reality into a mere image, transforms the real essential powers of man and nature into what are merely abstract notions and therefore imperfections and tormenting chimeras, just as it transforms real imperfections and chimeras — essential powers which are really impotent, which exist only in the imagination of the individual — into real essential powers and faculties. In the light of this characteristic alone, money is thus the general distorting of individualities which turns them into their opposite and confers contradictory attributes upon their attributes.
° Give examples for "image into reality and reality into a mere image" ® I want to be a doctor and by paying the university I can allow my self to do so = image turns into reality. I have money and there is an ice cream shop, although I may not necessarily want ice cream it can turn into a need just because I have the practical ability to have it.
° Money turns a real need into abstract because of lack of money! Example: child that doesn't get education because his parents don't have money.
° And on the contrary- a false need can be easily fulfilled by money
Money, then, appears as this distorting power both against the individual and against the bonds of society, etc., which claim to be entities in themselves. It transforms fidelity into infidelity, love into hate, hate into love, virtue into vice, vice into virtue, servant into master, master into servant, idiocy into intelligence, and intelligence into idiocy.
° What is the next step on influence that money has over man? It affects the structure of bonds in society and the dynamics between people.
Since money, as the existing and active concept of value, confounds and confuses all things, it is the general confounding and confusing of all things — the world upside-down — the confounding and confusing of all natural and human qualities.
He who can buy bravery is brave, though he be a coward. As money is not exchanged for any one specific quality, for any one specific thing, or for any particular human essential power, but for the entire objective world of man and nature, from the standpoint of its possessor it therefore serves to exchange every quality for every other, even contradictory, quality and object: it is the fraternization of impossibilities. It makes contradictions embrace.
Assume man to be man and his relationship to the world to be a human one: then you can exchange love only for love, trust for trust, etc. If you want to enjoy art, you must be an artistically cultivated person; if you want to exercise influence over other people, you must be a person with a stimulating and encouraging effect on other people. Every one of your relations to man and to nature must be a specific expression, corresponding to the object of your will, of your real individual life. If you love without evoking love in return — that is, if your loving as loving does not produce reciprocal love; if through a living expression of yourself as a loving person you do not make yourself a beloved one, then your love is impotent — a misfortune.

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