Wednesday, 4 December 2013

Marx on the Power of Money

That which is for me through the medium of money - that for which I can pay (i.e. which money can buy) - that am I, the possessor of the money. The extent of the power of the money is the extent of my power. Money's properties are my properties and essential powers - the properties and powers of its possessor, Thus, what I am and am capable of is by no means determined by my individuality, I am ugly, but I can buy for myself the most beautiful of women. Therefore, I am not ugly for the effect of ugliness - its deterrent power - is nullified by money. I, in my character as an individual, am lame, but money furnishes me with twenty-four feet. Therefore I am not lame, I am bad, dishonest, unscrupulous, stupid; but money is honoured, and therefore so is its possessor. Money is the supreme good, therefore its possessor is good. Money, besides, saves me the trouble of being dishonest: I am therefore presumed honest.

- Economic and Philosophical Manuscripts of 1844. Harmondsworth: Penguin, p.128

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