Does Money Own You? - 8-Bit Philosophy
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- Опубликовано: 20 окт 2024
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Press Start for “Does Money Own You?” by 8-Bit Philosophy, where classic video games introduce famous thinkers, problems, and concepts with quotes, teachings, and more.
Episode 37: Does Money Own You?
Georg Simmel
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"Money is a bad master for some, but a good servant for others."-French proverb.
+TrOllinM4sTEr it means when you don't have it, you're a slave to it, and when you have it, it works for you.
+TrOllinM4sTEr I like your comments. Thanks for the proverb.
+TrOllinM4sTEr In that case You are master who need his army. Without money that master is nothing.
+TrOllinM4sTEr could be thought as the other way around
megajonathan96 how? explain.
This reminded me of _What Money Can't Buy: The Moral Limits of Markets_ by political philosopher Michael Sandel. (great book)
In terms of "maintaining our humanity in a money driven world" Sandel's chapter on "Skyboxification" implies that stratified societies (with increasing gaps between classes) have the most potential to become much, much worse.
Seens a cool work. Definaly will check it out.
***** You never know... I've only seen the online video series for _Justice_ and even though I'm not totally sold on Communitarianism, I found it fascinating. Here's a link to the series: www.justiceharvard.org/
Money owns you for the price you offer yourself. Stay priceless and you'll stay free.
+John Smith Damn! That's very nice thought!
*****
But the owner -in other words, you!
*****
I think we should differentiate between a good and a service. While you may pay for specific service you don't own the server and it still belongs to whomever owns that server. What I'm trying to say is you can exchange some of your time and energy for some money but that doesn't mean you don't own yourself anymore...
And yes i also agree with the video. But I still believe that it depends on a persons stance on money.
+John Smith Nailed it.
+John Smith If only that was plausible...
"The things you own end up owning you." - Tyler Durden, Fight Club
All I know is:
- Cash rules everything around me.
- Get the money.
- Dollar dollar bills, y'all.
+Jarin Udom C.R.E.A.M. ;)
lmfao the wu is fo the children
I think things with monetary value become less interesting to those who can afford them. However, if you don't have much money, very expensive things beyond our grasp are still impressive to us.
Also, I think it's implied (at least since the abolition of the slave trade) that human life has no quantifiable value -- only human services. Even pets these days are more often "adopted" than "bought."
Astute observation regarding the value of a human/sentient being. You can not put a set value on a being-for-itself being. Our existence proceeds our essence, so we can become more than the sum of our parts. To put a set value on a human being, is to destroy that human's humanity.
+Shawn Ravenfire Ignorance is bliss, 'a' slave trade ended, not all. Just because people are not carrying a price tag where you are does not mean its absent in the world. Not to mention that people are quantified with money every day outside of slave trade, its from businesses and corporations. How much you are worth as an asset or a liability. Don't get me wrong, I would love to believe that side of humanity does not exist but I really do not like to bullshit myself.
+John Dow its more to debunk the overall value of their talent. It doesn't necessarily rob the person of their humanity, but it instills are definitive value on a combination of their talents. This can be abused to determined the value of a human being but it should (instead) be catered to the value of their potential. This is how most career's work, the harder tasks the require the most talent and skill are valued higher then others because the value of the person's services is greater than the value of the talents and abilities of others.
ah, but they are still bought right (unless, they are a "rescue", where they are simply bought more cheaply)? just the fact that we use a euphemism for purchase like "adopt" when we buy something we truly love shows how pervasive this thinking is. we wouldn't work so hard to ignore it if it wasn't so widespread. interesting thought
I would argue that destroying a person's humanity is exactly what it does. Once we are a quantifiable commodity, we are no different than piles of rocks. The system we currently live in will either destroy us or turn us into items. You cannot quantify a person because our existence proceeds our essence and we are always changing. We make decisions all the time and are continuously creating who we are.
Something interesting my family has been discussing a fair bit lately: the idea of a post-financial society. With all of the automation we're developing, it's entirely probable that we'll reach a point fairly soon where everything except intellectual work is entirely automated. In a world where food, clothing, transportation, etc, is provided entirely by machines, does money even have a reason to exist? Conversely, if we had a world in which money was obsolete, how would society motivate the people who did maintenance and administration tasks regarding the vast automation system supporting us? How would we create our large scale entertainment media - painting, writing and indie developed games are all well and good, but there's millions of people who live for movies and/or the next AAA video game title. They're massive projects that today are viable because people with large amounts of money feel they can make that amount grow by paying hordes of people to make movies and games come into being.
Intellectual work is just as much subject to automation then any other kind of labour. The brain is a biological computer and therefore vulnerable to automation.
Free yourself from money! Give it all to me ;)
+b1merio Sounds like 90% of all religions :)
+Stefan Hansen because the other 10% says "i demand your money now!!"?
+b1merio Shut up and take my money!
I thought what was always interesting about money is that no matter what you spend it on, the object is always going to be less exciting. 1000 dollars has infinite possibilities, but once i spend it on a guitar, it can only be that guitar.
The trick to not letting money rule your life is to find peace without it; then when something that does come along that tickles your fancy, it will actually be worth the buy. Getting entrenched in a hobby, for example, will make you want to buy things for that hobby: a new amp, new equipment, new weights, new books, etc. You'll be well aware of spending things on the superfluous and last minute purchases that come at a person from every add on tv and billboard and gas station.Thus, when the things you buy aren't tied to trying to make you happy, but to continue the passion that drives you.
That's very true, however how and where can you find the drive, satisfaction and fulfilment to engage in things where everything you'll do will have to be revolved around money in one way or another... Lol
Hang On... Bartering never happened. Its a wide spread myth that we went from Bartering to Money because it was too hard to Barter, but in fact what most probably happened was that since we lived in small tribes we had an internal debting system in people's heads whereby they'd return favours in time instead of on immediate transaction, something like that.
All I know is, Barter barely existed, its too hard.
twofriarsandafool.com/2013/09/debt-the-myth-of-barter/
David Graebner did some stuff on the Myth of Barter in "Debt: The First 5,000 Years".
+BadMouseProductions Hell just look at the Egyptian "cubit system", using hand size to measure raw goods, so moronic, no way it could last :L
+Colin Meehan (l'Incorruptible) terrific book... you notice how guys like Andrew Klavan will throw around the fairytale at the beginning of Simmel without going so far as to mention the main thrust of the story? Money was not created by traders it was forced upon them by their subjugators, for better or worse.
+Joseph Hobbs again, the cubit measurement was used for taxation not for trading. we still do the same thing for property taxes when the assessor comes around.
exactly, Simmel's premise is a widespread myth. it's a pet peeve of mine when I hear that fairytale propagated without any critical thinking. I'll say it again and again, money was created to perpetuate coercion by the powerful for the purposes of amassing wealth when force is inherently worthless.
This is one of the better episodes of late I think. mainly because it is focused on one video game as the theme. There have been a few where the episode just uses a lot of different 8-bit art instead of just one overarching "game theme" and I find the focused ones better. Great episode!
That imagery with Yoshi at the end was REALLY dark.
How much did this episode cost?
'bout tree fitty.
+Jebbtube Your time and attention?
Kurt Yarish
It done up n' cost exactly tree fiddy, god damn ignant ass lochness monsta.
Velno Onlev And it was bout dat time dat I realized I was an 8 foot long crustacean from the Paleozoic Era!
Kurt Yarish
Ignant ass lochness monsta ain't no god damn crustacean, yous' a reptilian!
Holy Jebus! I love the parody/copyright-free Nintendo music. Fantastic work you guys!
Money is just a tool. One should never measure quality of life based on it.
nice profile pic
I don't usually subscribe to Channels on RUclips... but when I do, I subscribe to damn good ones. Keep up with the great content guys! Earned yourself a new Subscriber.
Riding horses used to make me so happy. But now all it gives me is whiplash. It's just not the same, I feel like there's no point to it. And soon a lot of people will understand when they get a job. You pick up a job to buy a house, or raise kids, or to impress your dad. You work away your life and what does it get you? Smiling faces? NO, you get cash. Cash that cant buy back what the job takes. Not if you rode every horse in the world.
First but does that make me wiser
No.
And not a penny richer.
+Steven Wills But... you're still hungry.
DO NOT WANT
Steven Wills Has
Money ain't got no owners, only spenders. - Omar Little
The idea that money could buy you [almost] anything is both reassuring, and terrifying.
Best video/topic in this series so far. I could settle for a bit less Mario terminology like how it usually it, but great nonetheless!
the nice thing about the Mario terminology is that it actually related to what is being said... in some of these videos I feel like my brain is being pulled in two directions when I'm unfamiliar with the concepts. I noticed that, too.. and it bugged me a bit as well ;)
Socities without money tend not to barter actually. Bartering is reserved for strangers for the most part. You'll have this sort of 'you-owe-me-i-owe-you' kind of relationship with your friends, family and possibly friends of friends - much like people do in societies that have money as well.
Well said
I try to not let money dominate me by being a conscious consumer (easier said than done) I have really liked the idea of minimalism for a while. Just buying the things that really add value to my life and not for the rush that comes with it!
Sorry no. You're putting the cart before the horse on this one.
Money didn't turn relationships and all human interaction into an exchange, it revealed it for what it already was. Everything is done for personal gain given that, unless otherwise forced to, you always do what you want to do by definition. Naturally there are things you'd _rather_ do but so what?
Everything is a grand manipulation if you understand what it is you are doing. Hence things like love and friendship exist in the realm of ignorance. That is, if you don't know why it is you are friends or lovers with someone, you can proclaim that it is due to 'friendship' or 'love' respectively rather than the truth: you benefit from the relationship.
As for reducing all things to an expression of their monetary value, that is false. That is, I cannot put a price on my happiness and what I would be willing to exchange that for. Neither can I put a price on my cat whom I would exchange for nothing. No matter what, value is determined by each individual. The whole may determine what most people would pay for [X], but not what _each person_ would pay for [X].
If you've understood this you'll come to understand that even the concept of 'sacrifice' is just an attempt to make one a victim of their own choices. Remember, if you _chose_ to do it, you _wanted_ to do it. You follow your desires - in everything you do. Gee, it's like 'selfish' isn't merely the norm, but impossible to exist in lieu of. If you make a choice, you're being selfish. Period. Remember that the next time someone tries to shame you for 'being selfish. They're just trying to make you do something for themselves.
+Marcara081 Brilliant. Just brilliant.
+Marcara081 I agree and I don't see these market conditions as something evil, it's just the fair way things work imo.
+dilated1990 Doing what you want always gains you something be it a sense of agency, power, happiness, contentment, whatever. Doing what you desire is a gain in and of itself.
Every. Single. Time.
If you reply to this comment you'll have done so because you wanted to and will haved gain whatever it was you sought in doing so. Acting on desire is a gain unless you can argue that you can act against your own will.
Good luck with that.
+Namu Tree Well I wouldn't go that far. Maybe just 'correct?'
Though perhaps this was just your first exposure to these ideas?
Marcara081 I'd say that I agree with a lot of what you said, but not necessarily all the conclusions. We all maybe selfish in one form or another, but not all of us are selfish in a way that harms others. There's a difference between helping an old lady across a street to make yourself feel moral, and swindling money from others to buy a new Porsche. Both are selfish- they wouldn't be done were it not for personal gain- all that differs is what each person values, but that can make world of difference.
Of course, you may have already thought of this, and in that case I can't find anything to disagree on. If you haven't, the main thing I'd throw out there is that selfishness can be "good" or "bad" (I use those terms loosely), it mainly depends on the values of the individual.
This is why charity is one of the most important concepts of modern times. When we are charitable we give up money that could be used for our own benefit to be used to help others. We gain nothing but a sense of satisfaction and pride in our kindness. While at the same time, we now hold the money that could other wise dominate our lives at arms length. If it is but a tool that we can choose to use or to give up, then it will lose much of its power and influence over us.
This is most effective if you purpose to always give at least a certain percentage of your money to a cause every pay check or sale. To be able to see even just one percent of your profits not as your own or your due, but as reserved to help other. This way, also, your work is no longer a daily grind to support yourselves but also a work to aid others making it more enjoyable and less stressful.
The origin of money is a lot more complicated than being a solution to bartering. There are also things like debt, honor, sex, and power in the construction of money. The idea of "money" has no meaning other than the ones we assigned to it.
David Graeber's Debt the First 5000 years does a good take on that idea.
It's so great when they push an annotation that they forget to add
Before money there was a bartering system??? Apparently it was more a system of ledgers. Source: www.wnycstudios.org/podcasts/otm/segments/money-then-and-now
This is one of the best wisecrack philosophy movies.
I believe that in order for a culture to get away from a mindset that could allow money to "own them"; they would have to be taught from the beginning of their life, or make a genuine determination to commit with shifting their believe, the falsehood in only being able to find happiness or fulfillment in only what Money can give. That instead happiness or fulfillment like all states of mind come from within and no where else. This may allow a culture to have and use money but still not be owned by it, encouraging a more balanced relationship with it.
So in this episode, 8 bit philosophy answers the question for us, without positing any alternatives or quoting any of the usual "great minds." Thank you for doing my thinking for me, 8 bit philosophy!
With technology we can create a money-less economy. We have technologies that can do most of our work. We should put that technology to work and then instead of grinding away at some shitty job, we can pursue our passions. Imagine a world without scarcity and where the point of your life is to learn math, science, philosophy, art, music, etc... We do not have to live this way, there are alternatives.
+John Dow That would be ideal, but it so just happens that in this world power is a thing, and money is a great platform to keep power in hand.
RoarOfDamnation Yes. But it does not have to be the way it is now. We can change, we can learn, we can become a peaceful, planetary society, that is egalitarian, scientific and benevolent. It will take a long time but the way I see it there are three likely outcomes: 1.) We successfully advance into a type 1 civilization and create a world in accord with what I have said. 2.) We advance into a type 1 civilization but we have not made the necessary changes and we are enslaved by the ruling classes forever. 3.) We do not complete the conversation in time and we lose habitat due to pollution, climate change, etc and we go through a massive die off and possibly go extinct.
I do not know about you but I know which one of those options sounds good to me.
+John Dow There are a few problems with that view:
1. Technology is power. Who controls the technology that can liberate us from labour? How do we distribute technology equally without creating centralized forces of control that inhibit freedom?
2. Technology requires resources from the earth. Our current society is already technocratic, and that has led us to tear down forests, blast minerals from the earth, burn fossil fuels, etc. We can have alternative power sources, but what about material resources? How can we have even more technology in more places without continuing environmental destruction?
3. Labour related to basic needs, it can be argues, connects people with their humanity. I think we'd both agree that shitty factory jobs are something we can do without. But what about building our homes, farming our food, making our clothes? Even if that could be automated, what kind of life would we lead? I for one think we would become (as people in wealthy nations already are) very disconnected from our own humanity and our own biological limitations if we spent all our time doing philosophy and art and science and none of our time doing the labour required to keep our bodies alive. We can do both, and I think people are happier and more fulfilled when they do both.
+BrighamTalks yeah, I agree... I don't think that civilization exists without coercion and technology doesn't exist without forcing someone to feed you for nothing while you code programs. the problem with the communist manifesto in my opinion is that I don't think that throwing off the shackles of capital will ever result in freedom, someone will always step in and use force to coerce others.
BrighamTalks 1.) We create a horizontal style democracy. We adopt Anarcho-symdicalism and we can distribute technology as needed.
2.) We must become a spacefaring race. There is no other way. If we do not explore the cosmos we are doomed. All the materials we need are there.
3.) We create associations to manage space exploration. We grow our own vegetables and use technology to produce corn, wheat and rice. If we have a planet full of people who are cultivating their talents, are well versed in philosophy, math, science, etc... People will naturally gravitate towards different modes of contribution. I think we would see our technology advance like we have never seen it advance before. People who are passionate about architecture, physics, computer science, literature will be able to devote their lives to advancing their fields, without fear or war or having their funding cut. All technology would be open-sourced and there would be no patents, copyright, etc... We would be finally unleashing the creativity of man.
It is hard to see it now but we could do this or we can go extinct or exists as slaves for the elites till the end of time.
Does mo money equal mo problems - 8 bit philosophy. Love it! Died laughing.
I want to believe that some things are still priceless but quite frankly I can't think of an example.
Great work and awesome animation! Thank You!
yeah, they really do a hell of a job
Having more money than you need won't make you happy, but the lack of money can make you miserable.
"Is it possible to maintain our humanity in a money-driven world?"
I really think it's not, and that scares me sometimes, but then I remember Camus and just laugh at the whole situation.
Absurd isn't it? lol
I agree that it's not possible to maintain humanity with money, at least in the form money exists currently, as it controls every part of our life and we simply can't survive now a days without money, which litert proves that it controls and takes away our humanity aka our innate drive to do things when everything is drived and dependent on money
The Mario coins don't do nothing. If you collect 100 you get an extra life!! Don't you wish real life money did that for you!
maybe eventually it can
Do you think you can post a video with the sound-a-like music you use for your videos?
2:34 Who would have ever thought back in 2015 that Mario would one day actually ride a T-Rex?
Money becomes the meaning of value and makes focus on acquiring this value and ignore everything else.
I feel there is something dark, chilling, and all-too-true about this video. . .
looove these 8 bit philosophy vids❤️❤️
Great piece guys. Keep up the good work!
Have they talked about the philosophy of greed in these videos before? If so, I would really appreciate it if someone pointed it out for me.
I love this series so much
Simmel also says money is a vehicle for motion. Those with money are able to experience everything a consumer culture has to offer, which leads to cynicism and a loss of humanity. At the same, those without money are trapped and confined to their current state of living. This also leads to a form of cynicism about bleak outcomes in life. Idk if they covered that in the video, I just learned about Simmel and retain knowledge much easier when I talk about it
The problem with the view that money makes everything too easy and too equal is that it forgets that money must firstly be obtained and, to obtain it, one must provide value to others by satisfying needs and wants.
Best 8-bit philosophy yet!
"Tell me how much a dollar cost"
Kendrick Lamar
One hundred cents perhaps??
Every sane human in a normally functioning family would never replace their loved ones for any price in the world.
I've personally met terrible people people who would sell their souls in a heartbeat for all the money in the world. it's pretty sad
There are people who sell their children all the time.
But people have done it before.
Thanks +Wisecrack for the Video. Just to add, Money as a medium is entirely dependent on demand supply , so it never captures other aspects of inequities which it creates , Also the value of the good can be entirely fixed by the supplier of money, so the it inherently does not have an essence i.e it loses its intrinsic value.
That's true but it doesn't mean it's not taking away our humanity
Another act of wisdom by yours truly! The real question you must ask is do you have enough?! In this era of easily accessibility loans, can we afford what we have?! Take what you owe, make it manageable and make it eventually yours! I do not have debt but to compare of most, I don't have a car, boat or "expensive add-on to impressive my neighbors". I take care of me! That is all that matters!
People don't need much.
1. A residence
2. Computer(s)
3. Internet
4. Food
5. Transport
6. Miscellaneous (clothing etc.)
"Needs" boil down to 3 things. Food, Shelter, Safety. That's it. Everything else is a "Want".
TheBlarggle You're right. But my computer contains all my books, and books is a human necessity.
Enlightenment Incorrect. Books are neither Food, Shelter or Safety.
TheBlarggle But information is what makes us human. I would sacrifice Food, Shelter and Safety for that, and so would many others!
Enlightenment What good is information if you're incapable of using it? Without those three necessities you die. You are incapable of implementing the knowledge. Making it useless.
These are not my rules. These are the rules of nature.
Only if you let it mony alone can't do anything the problem is that people think that mony by it self can make you happy in realty it can't
yes it can
Yeahh it totally can. People are just really stupid with money is all.
They could pay for lessons in instruments and relish in their skill, or explore the world, or better themselves in another area. Instead they buy overpriced garbage thinking it'll make them happier than an experience ever could.
I liked the bit at the end where Yoshi eats Mario and poops out a coin. That illustrated the point most impactfully for me because I've played as Mario. Mario is the guy who collects the coins. Being Mario empowers me by collecting inanimate coins. I jump on Yoshi and use him to eat obstacles... Then you show me Yoshi eating ME and I am now a coin. I am no longer empowered as the Mario taking the coins. I am the coin, the cog, to be collected by whoever has the power...
i see this a lot, things that we value get destroyed like heritage buildings in exchange for more money and to oppose it is to somehow oppose change, but is it really change when the money is the same. looking at a historic building gives me more in return than a pile of money ever will.
0:04 It says "wisecrack-08-2014
Raises the question, is this an old episode that needed refinement, or is the title card just a typo?
Money is simply the means for what I can get something that I might not other be able to. Its the reason I like some things to be buy able. With the belief that the closer you are the less it should cost in the contexts of a game.
My biggest problem with the "everything has its price" philosophy is that it doesn't inherently make everything sellable. Even though people using the philosophy as an example commonly make it sound like that would be the case.
Simply put, money is only as valuable as what you can buy with it.
So in other words if you aren't willing to trade a friend for any other thing in the world. There is no point in trading that friend for money. You have nothing to gain. And the more unique an item is, the harder it is to reacquire after selling. So selling a friend to get through a tough time in hopes of purchasing that friend back later could backfire. And you might have been better off going through that tough time with your friend instead of selling your friend.
Money doesn't create value for objects, it just creates an easier way to trade. Everyone agrees that money has value, and based on work wages and where you get your stuff determines how much value in terms of money you apply to an object. While with bartering you are still applying value to an objects, it is just harder to make some trades.
Currency Controls Culture. What I would like to see is a part 2 of this video that discusses our current accepted fiat currency system where MONEY = DEBT backed by nothing but consumer confidence. Was that the original intention of the creation of money that was backed by gold? Or has this evolution of debt really the problem not money?
Here is my thoughts on money: monetary value is placed on every human, but the value is not the true value of said human. Money constantly fluctuates in value meaning the human is constantly worth something different. Because of this the value given is arbitrary and only serves as a placeholder for an otherwise undeterminable thing. As such humans have an undeterminable value and this is also reflected by potential as a human can be seen as worth say $1.00 yet in truth his potential makes him worth more than that. This potential can never be realized though and as such his worth is risk vs reward which is inherently subjective making that arbitrary as well.
Thoughts?
I really want to see a debate between Ayn Rand and Jean-Paul Sartre as they are both contemporary philosophers of their time and both uphold human individuality and freedom in different ways. Rand sees Capitalism as a benefit to freedom since we are entitled to our own sweat, that how much we get should be based on how much work we put into it. But Sartre is basically resonating with this video.
Short answer: Yes
Long answer: Fuck yes
Money is the root of all evil. If we lived more simply, and in a more community-driven society, where everyone helped each other simply because it was right to do, we would be happier and more fulfilled. Yes, we'd have far less than we do now, but we would realize we don't need or even truly want 75% of what we have.
100% right, money takes away our humanity, and therefore no one is satisfied now a days, we need form communities again and work together and not against each other for nonsense shit
Interpersonal relationships also have monetary value. Therefore Yoshi is worth more than $6 to Mario. And despite the fact that everything can be converted to monetary value, we do need different things to live, including relationships, food, and shelter. Therefore our ideas of how to use things is an additional value system compatible with money.
This made me feel really good about myself! There's so much in my life that's not for sale... shit. I even begrudgingly tolerate people who have money or flaunt their non-existent riches! Guess I'm the real deal 😎 Thanks for the ego boost, Wisecrack 👍
so, just wanna clear up there was never a strict barter sort of society, people had debt based societies, and then money came around when cities got big and govt's needed to pay armies. and even when money first came around, it wasn't circulated much, it was then used to give value to things in a pseudo barter system. keeping in mind this is a money based system, with things given monetary values as opposed to your mushroom farmer analogy, where they need to want what you're selling in order to trade for it. this myth is generally assumed as true even though there isn't any examples of it in history because is sounds true and sounds like it gives way to money.
Where is the new episode? I thought these were released every two weeks?
They called an ice flower that they put on the screen, a fire flower...
When Yoshi ate Mario and shit out a gold coin --- damn that's dark.
Brilliant! Absolutely brilliant.
I think there's a basic flaw in this presentation in that all the problems identified are easily problems in a barter economy. Only, in the barter economy, it's all much more difficult. That doesn't make transactional friendship, romance, or achievement any less of a thing. People still need, among other things, to eat and will still, when the need is greatest or the viewed alternative options few, trade their perceived friendship or romance in order to do so.
Is money the problem? Or is it just the fact that we live in a world of need and greed and need to take care either way?
Great episode!
Do a 8-bit Philosophy about Wittgenstein, please! :D
Who is it to say that our rush after new stimuli makes each less valuable or meaningfull. If I don't have money I need to work with what I have. If I can't exchange my turnips for bread, well then I'm eating turnips. That doesn't mean I want bread any less. Or that I will value the bread any more, or more importantly any longer. Hedonic treadmill seems to explain our interest in novelty very well. And with that I would say that money in this context is the only true liberation that we have. Since we can freely pursue the novelties we long for. While without it, well, it's eating turnips whole year.
In my uninformed opinion, the problem becomes when money stops being a means to and end, and becomes the end in and of it's self. When we allow money to be the soul domination of value.
There are many places, and many communities in the world outside north america where money CAN'T buy everything. Age, societal rank, and achievement all separate classes in many parts of the world, but in North America, the only factor that decides societal stratification in money. With money you can buy influence and power. You can attain things that you couldn't elsewhere, or in other time periods.
This, I believe, comes from the fact that North America was settles by the Merchant class. They left Europe for the colonies, stifled by the limitations on upward mobility. In turn, this created an aristocracy of businessmen, who gained their status from wealth, and as such used wealth as the measure by which to determine success.
philosophy is awesome x)
There is no barter before money, just a small village of people who keeps mental notes on who done what for you and the group, and whether you owe a favor in the future.
Why did you change all the soundtrack, its not the original mario soundtrack you use but a slightly changed version of it. Why?
As far as anthropologists can tell, barter and trade economies didn't exist before currency. There existed a gift economy, which is fairly effective and more sustainable, while maybe not being as convenient; such an economy can still be observed in aboriginal cultures.
Wolters, the fist part of the video is correct. But the dark side of money contradicts de first part, you can susbtitute the amount of money for objects and still the same dark side of owning stuff. You could aproach the interst rates, and that could make a bit of sense.
please check out adam smith institute and their series on money. WAAY more informative and in-depth review of the power of economics and money's impact on society.
Money doesn't simplify bartering, it tracks debt
didn't ya'll learn anything from fight club?
The part about barter is wrong read David Graeber's "Debt: The First 5000 Years."
A Suggestion: Henri Lefebvre's The Production of Space.
I like dystopian cyberpunk worlds in fiction, but I'm not too keen on the idea of living in one. And that's pretty much where our world is headed at its current course.
the fact that money developt is a reason for me that we should keep it. it didnt apeard overnight and 1% of all people had 99% off it. it developed from simply peaces of gold to gold coins to paper to virtual (maybe some more steps). humaity needs money or else we cant trade, as said in the video
Biggest problem with this is that everything was a commodity way before the concept of money. People used to trade their daughters for a cow and a sheep. Or the fact that the whole concept of monogamy for humans may have only came about due to an exchange of services.
So in other words, people have always been willing to trade anything for anything, since day one. So that ain't the fault of money.
Hmm,i haven't given this much thought,but what if there was a ''cap'' at how much money you coul acquire?What if a person could never have more than 1mil dollars?Would that solve this issue or is there a problem with it?
Welll, what about a company? what would be limit of money a company could circulate? if too small then businesses could crash, if too big then rich people just put their money under their company and just take it back when they wish to purchase things.
I think this is really interesting. Will never be implemented, but still. I have also heard of a proposal in the U.S. that has been around that provides a guaranteed universal income. Would be an interesting way to combat poverty. Have never heard of putting a ceiling on it though!
Americop100 I don't think it works that way but still,i haven't put alot of thought into this.Perhaps instead of a ceiling it could be just a really high tax after a certain point,although that still doesn't solve the company idea,if it works.
+Thanos Grivas Well its all relative isn't it? But think about it, even if we all had 1 mill, 1 mill would suddenly be worth shit. It becomes only a number
the problem with a cap is that value is based upon growth and novelty as opposed to worth... if u cap an economy, you kill that growth.
It seems to me that it would be easier to find a value of something with money, but it was always possible without it. Just more difficult. For example, my house might be worth half a million dollars (or whatever), but it would also be worth however many diamonds or so much clean, potable water.
I think it's actually totally the opposite (after you've more than enough to survive and you're not brainwashed by materliastic stuff)
I liked your description of what money is and what it allows you to do beyond barter. But I think at the end there you confused money and human nature. Did people not want more when there was no medium of exchange? I doubt it. :)
3:39 some one needs to make this
There must be a difference between fiat money and trading commodity like gold. Trading with real money balances the economy because money is then limited to amount of resource availible at one time allowing some format of stability as compared to the current debt and interest system in place. It ensures and places trust on humans to be good for the sake of success.
Real money always holds value, true wealth comes from humans ability to come to an agreement, but a stable system only takes place if they do not take advantage of each other, better yet co-operate with each other not for sake of culture and inheritence but for a better world for everyone.
Money only owns us like food does for the sake of survival. Its only when we decide to be come fat does this become a problem.
ultimately, free will is choice we all have.
When I first glanced this title, i thought it said...those money owe you?
8Bit philosophy predicted that mario would get involved with a T Rex
I think the concept of 'value' will always be completey subjective. Money may have a tremendous effect on the way people determine the concept of value, but I think the majority of people understand that money is nothing more than a means to an end and not a quantifiable measurment of a person's worth.
I like how he started! XD "We love money" XD
I got an ad for a board game titled "Smartass" on this video...