Saturday, 21 January 2023

"Money is not an artefact of the State...money emerges from nature and is used by humanity just like other natural elements and their compounds are used"


"'The Natural Order of Money' offers a complete debunking of the State theory of money by explaining how money is not an artefact of the State or something that is only useful because of enforcement by State power. Money is not a human-made invention outside of the natural order. Because economic activity is based in the first instance on the individual as a producer and consumer regardless of the State or other entities, money emerges from nature and is used by humanity just like other natural elements and their compounds are used – to enable individuals to improve their situation by which standards of living advance.
    "More to the point, money is a unit of weight that in pre-history became a unit of account useful in economic calculation as primitive humans learned that voluntary cooperation through the division of labour helped them to improve their life by better meeting their needs and wants. We learn why gold is natural money, and why only it provides an objective standard to measure progress and bind the wider economy to the real economy so that all economic activity is measured equitably and in conformity with the natural order.
    “'The Natural Order of Money' is a beautifully produced book that fittingly conveys its principal topics – the beauty of nature, humanity’s place within it, and the harmony offered to everyone when abiding with the natural order.

~ James Turk, from his book review of Roy Sebag's The Natural Order of Money


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