Re: The Education Function

Joe E. Dees (
Thu, 10 Dec 1998 18:44:12 -0600

Date sent:      	Thu, 10 Dec 1998 18:49:40 EST
Subject:        	Re: The Education Function
Send reply to:

> In a message dated 12/10/98 9:46:28 AM Central Standard Time,
> writes:
> >
> > I dispute that the money is yours in the first place.
> Econ 101
> "Money is a human invention. It's purpose is a convient and portable store of
> wealth."
> Give that...your statement is ridiculous.
> EvMick

Marx was wrong; money is more than mere crystallized labor; it is portable generic time. Higher wages are usually paid those who have to complete more education and/or accumulate more experience to more finely hone rarer (and therefore more valuable) skills. Money is the generic mediator in an otherwise barter economy, where we trade tokens that took us time to earn for goods and services others require time to provide. This is why monetary theft is such a serious crime; it is the theft of irreplaceable (since they were spent to earn the money and can't be reclaimed) chunks

of the victims' lives.                                                Joe