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Postby James S » Nov 17, 2003 @ 10:10pm

He's asking why money exists, what it represents, people. Money is labor. Your labor is transfered into a universally barterable form, that is what a dollar bill is. Your labor is $8 per hour, or $12 per hour, how however much it may be based on the necessity of the job and the skill you have at performing that function.

Since everyone is not skilled at everything, the requirement to have other people labor for what you want or need arises, at which point you must give these people something in return. You give them your labor in return for theirs, you work for them in return for the work they performed for you.
This became more complex when people started trading cows or food that they labored for for the labor that someone else performed for them.
This something, in the present day, is your labor in the form of money.

Money is labor.
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Postby Maf54 » Nov 17, 2003 @ 11:47pm

Money is something derived from your labor. To me it is money. It has its own word cause its its own thing.
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Postby Andy » Nov 17, 2003 @ 11:49pm

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Postby Maf54 » Nov 17, 2003 @ 11:50pm

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Postby sandmann » Nov 18, 2003 @ 12:18am

The fates lead him who will;
Him who won't, they drag.

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Postby Maf54 » Nov 18, 2003 @ 12:28am

Last edited by Maf54 on Nov 18, 2003 @ 2:04am, edited 1 time in total.
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Postby Digby » Nov 18, 2003 @ 1:17am

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Postby Brig » Nov 18, 2003 @ 1:33am

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Postby James S » Nov 18, 2003 @ 2:35am

But all of those objects come from labor. Without labor those objects either do not exist or have no value.
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Postby Kzinti » Nov 18, 2003 @ 2:36am

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Postby Brig » Nov 18, 2003 @ 2:38am

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Postby James S » Nov 18, 2003 @ 4:01am

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Postby Maf54 » Nov 18, 2003 @ 4:12am

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Postby Andy » Nov 18, 2003 @ 4:17am

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Postby Maf54 » Nov 18, 2003 @ 4:23am

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