Money and the breakdown of social relations

by nmccoy1

In the midst of what could be the most devastating financial crisis in the history of the United States and possibly the world, we are seeing rationalized economics take prevalence over human suffering.  In the Philosophy of Money, Georg Simmel argues that as money increases individuality, freedom, and social differences it also breaks down social interaction between and among people.  The U.S. Congress seems more concerned with protecting the monetary system than the individual human beings who comprise the system.  This impersonal approach can be seen in the article below where politicians and economists focus on calculations and mathematical models rather than human feelings, imagination, and group cohesion.

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  K. Albright