Phil Graham on Sat, 19 Jan 2002 23:29:02 +0100 (CET)


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[Nettime-bold] Why not money?


Hi Keith,
Happy New Year.
At 06:17 AM 19/01/2002 -0500, Keith Hart wrote:
>E-gold and LETS both focus on the money form. There has to be some point of
>entry and why not money?

Because tinkering with exchange media wll not and cannot transform the 
property relations which characterise a political economic system --- nor 
can any form of money be said to characterise any particular form of 
political economic system.

Exchange media are epiphenomenal to a system, not essential to it.

Best,
Phil
PS Review of "The Memory Bank" is on its way --- finally.




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Opinions expressed in this email are my own unless otherwise stated.
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Phil Graham
Senior Lecturer
UQ Business School
www.uq.edu.au/~uqpgraha
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