Sample Essay on:
Georg Simmel’s “The Philosophy of Money”

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Essay / Research Paper Abstract

A 7 page paper which examines the relation between Simmel’s understanding of the money economy and a relativistic world view. Bibliography lists 2 sources.

Page Count:

7 pages (~225 words per page)

File: TG15_TGmoney.rtf

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Unformatted sample text from the term paper:

paper properly! The name Georg Simmel may be largely unknown to anyone except for serious students of philosophy and sociology, and yet his insightful book, The Philosophy of Money, has as much relevance today, as it did when it was first published in 1900. While Adam Smith considered what money represented for a market economy, Simmel examined what money represents to man and society. As his epic commentary revealed, money is not simply an economic term, but has become the essence of contemporary world societies. Simmel maintained that rationalizations and conclusions about any society or culture could only be made if there was a thorough understanding of money and what it truly means. Money, in Simmels view, served a far greater social function than merely fueling the capitalist machine of supply and demand. Simmel was a German philosopher, as were Karl Marx and Max Weber, but he was more closely associated with Weber than with Marx. In fact, Simmel seriously disputed Marxs labor theory, and believed that money had a considerably more psychological than economic connotation. It was, he maintained, about human desire. Money is, quite simply, the means to a desirable end, which is something that an individual cannot acquire otherwise. While people must join the labor force in order to accumulate money, Simmel was of the opinion that they did so because this enabled them increased liberties, not oppression. The more money they earned, the greater their purchasing capacity. Money, in and of itself, means nothing if it remains static; but when it is freely spent, the possibilities are unlimited. Simmel is, admittedly, one of the most complex of philosophers, and with this in mind, The Philosophy of Money is broken down into ...

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