When Money Changes Society
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Classical sociology considered money as central to the functioning of modern society, relating
it to a progressive expansion of instrumental rationality and the emergence of weaker social ties.
Modern money, the universal equivalent described by Simmel, facilitates the
exchange of goods and values by providing a single unit of account. This “frees” people and things
from traditional social ties and ma...
Read more
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Classical sociology considered money as central to the functioning of modern society, relating
it to a progressive expansion of instrumental rationality and the emergence of weaker social ties.
Modern money, the universal equivalent described by Simmel, facilitates the
exchange of goods and values by providing a single unit of account. This “frees” people and things
from traditional social ties and ma...
Read more
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