From: EvMick@aol.com Date sent: Thu, 10 Dec 1998 18:49:40 EST To: extropians@extropy.com Subject: Re: The Education Function Send reply to: extropians@extropy.com
> In a message dated 12/10/98 9:46:28 AM Central Standard Time,
> Samael@dial.pipex.com writes:
>
> >
> > I dispute that the money is yours in the first place.
>
> Econ 101
>
> "Money is a human invention. It's purpose is a convient and portable store of
> wealth."
>
> Give that...your statement is ridiculous.
>
> EvMick
>
Marx was wrong; money is more than mere crystallized labor; it is portable generic time. Higher wages are usually paid those who have to complete more education and/or accumulate more experience to more finely hone rarer (and therefore more valuable) skills. Money is the generic mediator in an otherwise barter economy, where we trade tokens that took us time to earn for goods and services others require time to provide. This is why monetary theft is such a serious crime; it is the theft of irreplaceable (since they were spent to earn the money and can't be reclaimed) chunks
of the victims' lives. Joe