Version 3.0:
I've tried like three times now to write a response to this, some of which were quite long, and it keeps getting scrapped. There was some insightful shit in there, which I'll save for my book, and some not-so-insightful shit, which I'll save for when there's a more relevant thread, for which I can carefully shellac it to give it the appearance of being insightful.
Version 1 was lost because of an errant mouse-click (hooray for laptop touchpads with "tap to click" being too close to spacebars). Probably for the best.
So I started on Version 2, which had a lot to do with the essay HoneyRoastedPeanut (henceforth "Peanut," because the most obvious abbreviation of your tag that stands out happens to be a venereal disease, and that's a little too ad hominem for casual reference) linked to. I mentioned that it pretty quickly hit my tl;dr threshold for anthropology. It immediately reminded me of Terence McKenna (using Riane Eisler's terminology) talking about "Dominator" cultures versus "Partnership" cultures. For me this was actually where
Food of the Gods bogged down into an impenetrable trainwreck, and I began to consider suicide as an alternative to finishing the book. Luckily it got better, and is still really worthwhile reading for anyone interested in the history of humans and psychoactives. Just know how to pick out bias, remember that there's a reason the book is labeled "New Age" and not "Non-Fiction," and steel yourself against some of McKenna's more... fanciful... "conclusions." (Here's looking at you, "Stoned Ape" Theory.)
The reason I dropped Version 2 was because I looked at the title of the thread at the top of my window, and suddenly couldn't remember what the fuck it was we're actually discussing. I dropped it all immediately and went back to page one to read this thing all over again. I saw this:
MyDoorsAreOpen said:
Where's Obyron when we need him? He had a lot to say on this topic.
Essentially his take on money, which I found myself agreeing with, is that it's at its core nothing more than the quantifying of the value of one wanted thing in terms of another wanted thing. If you and I decide that an armful of picked wild apples from you is good for one axe sharpening by me on my stone, then we're using money. Money is something of a concept where 'ought' becomes 'is' -- it's a mathematical quantification of how widely thought of as 'desirable' that exact item is, right now. Or, if you will, how often and strongly 'I/One ought to have that item' is thought about that item.
And it made me laugh, because I completely missed that post on my first read of the thread, and it could've saved me so much trouble and typing by just saying, "Yes, this is what I thought the last time it came up, and this is what I still think." I actually had a much longer explanation of this typed up in Version 1 of this post, which I'll reproduce at excruciating length in a minute. In my estimation you could eliminate all currency and outlaw its use on penalty of death, and people would still use "money" every day without even meaning to. Even communism for all its high-minded anti-capitalist rhetoric of "from each according to his ability, to each according to his need" absolutely depends on money, because it becomes the abstract quantification of whatever the hell it is they're taking from each to give to each.
Let's abstract it way the hell out there. Follow along closely, because it's going to get mathly. The Politburo (or the PolPotburo, if you're a Cambodia apologist) looks at Komrad Peanut, who makes anvils (why does he make so many damn anvils? Because there's a quota in the Five Year Plan, that's why!), and decides that his production has given him 15 Anvil Points. Peanut requires .2 Steel Points and .37 Smelter Points (because the smelter is actually collectivized, and is not the sole property of Komrad Peanut, who, despite his better nature, might be tempted to capitalize on his ownership) per unit Anvil, as well as a certain quantity of Optimal Physical Labor Points, to be determined by the Politburo. Let's call these Opals, because opals happen to be a neat thing that are worth money, not unlike physical labor.
Now, the Politburo has, in accordance with the Five Year Plan and the Little Red Abstract Math Book, determined that the conversion factor for Anvil Points to Opals is 12.7:1. In other words, the daily production necessary for an anvil maker to be credited with a full day's work is 12.7 anvils. (This is kind of funny, and indicative of the generally parsimonious and arbitrary nature of government, as becomes apparent when you attempt to make seven tenths of an anvil.) Komrad Peanut has 15 Anvil Points, which gives him 1.18 Opals (The People's Revolution must be frugal with its assets in order to promote the general good, and so recognizes only two decimal places. The truncated fractional Opals are deposited in a numbered account in the Caymans-- like in Superman III-- unless someone puts a decimal point in the wrong place). Praise the proletariat, and the glory of the People's Revolution that has given Komrad Peanut the drive to work above and beyond what is asked of him!
The Politburo duly reports to The Auditing Committee, headed by Komrad MDAO, that Komrad Peanut has earned 1.18 Opals for the day. Komrad MDAO knows from memory that this number entitles Komrad Peanut-- according to his need-- to 2 Grain-Based Foodstuff Points, 2 Meat-Based Foodstuff Points, 1 Vodka-Based Foodstuff Point, and so forth. Komrad MDAO can recall this information from memory because he is a motivated public servant, and because if he can process 800 Opal Allotments today he will have earned 1.21 Opals, and will be eligible for a Get Out Of Invading Afghanistan Point. He sends the requisite paperwork over to Komrad Obyron at The People's Central Directorate For The Disbursement Of Required Shit, along with a note that Komrad Peanut should receive .3 Steel Points and .42 Smelter Points per unit Anvil so that he might be encouraged to do even better, assuming he is not already above the Theoretical Usage Allowances specified in the Five Year Plan. Who gets the anvils? No one does. Who the fuck needs anvils?
No currency ever exchanged hands here, but I challenge anyone to look at me (as it were) with a straight face, and tell me that's not money. And if the whole thing sounds like a bunch of numbers from some kind of simulation game (because who doesn't want to play Will Wright's "Sim Politburo," due out from Maxis in 2009), that's because that's what economics is, and you really need to read about Game Theory!
But no lambasting of the Soviet Union was necessary. You could easily replace all the cogs in that operation with the members of some "preconquest" island somewhere who have never heard of money, who all live in perfect harmony according to their needs and their abilities, and it would be the exact same thing, and it would still be money, even though they would have no concept to define the abstraction.
I think I've made my point about money without any need to go fudging with intellectually dishonest numbers, or using deceitful rhetorical devices, circumlocution, and personal argument to try to bludgeon home a point.
In re-reading this thread, I determined the precise point when the whole thing went off the fucking rails into crazy land as being when it stopped being about economics and the underpinnings of paper currency, and started being about anthropology, the moral bankruptcy of the West, and the Khmer Mother Fucking Rouge. And I've decided I'm a much happier person just writing posts like this one, and ignoring all of that stuff, because, frankly, it's intellectual masturbation.
Version 3 is five times longer than Version 1 and 2 put together, but I'm much happier with the intellectual integrity of what I'm saying this way. Please don't pick this and that line and quote 95 different snippets at random, because I doubt five people will read this entire post anyway, and they certainly don't want to be bothered reading responses to it. If anyone wants to talk economics I'm game, but I'll skip the bull session about What If We Got Rid Of Money And All Just Loved Each Other!?!?
EDIT: Edited for typos and to fix a few passages that get jumbled between my brain and my fingers.