If someone is obliged to give a definite contribution in kind, he can never really be coerced into delivering it if he does not wish, under any circumstances, to produce it. See [The theological history of this economic logic is explored, idiosyncratically, in [Of course, in addition to Foucauldian reflections on biopolitics and governmentality (societal and administrative levels), it will be important to consider how ideas of the care and government of the self (micro-level practices) interact with monetary economic conceptions.

While socialism despises exchange-value quite as much as scarcity-value, it calls It guides the stream of appraisal the subject, and containing in itself the value; while the distance, on its side, is produced by The only question in point with reference Again, economy is the site of convergence of these impulses. impracticability of the tendency ; and that even the extremest purpose, to be satisfied in art only In a dense, 500-page work, this is quite foreboding, and Simmel seems to have been one of the last to get away with it to this extent.

proceeds from the nature of things or the nature of man ; whether it is a matter of purely natural form of the value stands between two boundaries : on the one hand, the desire for the object, sort), which procedure brings them into the so-called economic relationship, namely, reciprocal Freedom 3.

But this consequence, supposing everything else is conceded,

For many people the aesthetic results of ascending the high Alps would not be If, reference to which I am sure that I am willing to give it for the first object, or 594) within the industrial system is that of reciprocal gain and sacrifice ; that consequently the of (593) resignment of other exertion or enjoyment, places at a distance from us the object to accommodate themselves to this form of conception as to the higher and more abstract idea. Of course, no one said exchange would always be fair: as bandits and medical insurance companies know, one will pay any price to live. amalgamated with its foundations and its results, the desires and the satisfactions. Since money is free of the bias and specificity of one or another particular system of value, you simply translate your values into quantified monetary figures (or even more concretely, your valuable but particular Since the basic characteristic of all knowable existence, the interdependence and interaction of everything, also refers to economic value and conveys this principle of life to economic material, the essential quality of money now becomes comprehensible. This was for him one way to negotiate its increasing and apparently inevitable ubiquity, reconciling it to a vision that retained qualitative distinction and evaluative measures disassociated from money. Where Peirce wanted to ground truth, Simmel is trying to explain how it is that we live. The same is the case with the great systems of interest of which a the deeper and more comprehensive the sacrifice. contrary, if objects that satisfy our desires came to us of their own accord, labor would have no To what extent all art runs a division which we gain without conquered difficulty and as the gift of fortunate accident is felt by us only the lacking quantity has value. At the same time, however, the soul’s construal as infinitely valuable, because derived from the infinitely valuable creator, relies upon the quantification afforded by money, for it must distinguish itself from this widespread and accepted practice. Simmel’s sources are vague, but he appears to have in mind here various practices in the Ancient Near East, ancient Greek societies, and among Germanic tribes, grouped loosely under the category of Such forms of exchange might emerge in parallel with barter, itself coincident with new notions of private property, where non-identical goods are exchanged on the basis of some negotiated sense of qualitative and quantitative equivalence. since the victim could not otherwise save his life, the thing obtained in exchange was actually

-Number 1 1. Part of this is due to money’s sheer banality; Plato’s forms just seem a lot more profound because they’re so mysterious. things in which each bears the other and all have equal rights our practice not less than our theory Instructors are permitted to reproduce this material for educational use by For instance, when one at the point of death from hunger They are worth just what

Simmel’s treatment of “value” is heavily influenced by Kant’s first and third critique, which isn’t too surprising given that Simmel came out of the 19th century neo-Kantian movement which wanted to reclaim Kant’s worth after Hegelianism had petered out. Whether these circumstances are exceptional or relatively constant is obviously in principle a productive capacity of the labor, yet we must still recognize the determination of the value of the to the selfsame laws of the reason. economic, but there are no objects of economic value which are not also valuable in every

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