Economics Dictionary of Arguments

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Money: Money in economics is anything that is generally accepted as a medium of exchange. It is used to buy and sell goods and services, and to store value. See also Markets, Economy.
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Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.

 
Author Concept Summary/Quotes Sources

Aristotle on Money - Dictionary of Arguments

Mause I 28
Money/Aristoteles: Aristotle's view of the money value is surprisingly modern: It is not attributed to the material or intrinsic value of money, but to the mere agreement of the money users, i.e. the general acceptance of a certain medium as a means of exchange.
>Exchange
, >Trade.

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Höffe I 56
Money/Aristotle/Höffe: While for Plato money was suspect, no more than a necessary evil, Aristotle, in the context of ordering justice, presents the first theory of money ever written in Europe. He describes its nature and function with astonishing clarity:
Exchange: By making highly different goods and services comparable, money enables a society based on the division of labour to carry out the various exchange processes
Marx: "The genius of Aristotle", Marx still acknowledges, "shines precisely in the fact that he discovers a relationship of equality in the value expression of goods.
MarxVsAristotle: Only the historical barrier of the society in which he lived prevents him from finding out what "in truth" this relationship of equality consists of".(1)
Use value/Aristoteles: Höffe: The fact that Aristotle, unlike Marx, did not orientate himself on human work, but on the use and need value, can also be understood as an (perhaps even more modern) alternative.
>Value theory, >K. Marx.

1 K. Marx, Das Kapital, Book I, Chapter 1.3

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Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments
The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.

Mause I
Karsten Mause
Christian Müller
Klaus Schubert,
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018

Höffe I
Otfried Höffe
Geschichte des politischen Denkens München 2016


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