What exactly is money? (Animated explainer video) | Geopolitical Economy Report
What exactly is money? (Animated explainer video) | Geopolitical Economy Report
I feel like this one is kind of a miss? A bit of revisionism to say that money has no relation at all with value. Marx is clear about this… gold is money because it has value. This is true simultaneously with money as a symbol detaching from its material form and the value relation. This symbolic form can only exist after mediation as value.
It’s like saying: the airplane does not interact with gravity because it does not fall to the ground. No — gravity is essential to the mechanism of flight.