1 Aug
2016
1 Aug
'16
11:10 p.m.
Ingham is a professor at Cambridge. He is a socialist and in his book, The Nature of Money, he shows that unfortunately Marx got the money question wrong. Despite some great insights, fundamentally Marx concluded that money was a commodity. He took this from Aristotle. The real truth is that it is not a commodity but a social technology as David Graeber has shown.
Could it have been a commodity that was also (or that grew into) a social technology? Roberto Verzola Philippines