The danger here is that Marxism promotes misunderstanding of money. Religion was orthogonal to the understanding of money. Thus, man sought to escape the (sometimes beneficial) magical thinking of religion only to fall into far more harmful magical thinking.
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And this is a biblical idea. Commodification of other humans is “sin” in Christianity. It is subordination of the other to means rather than ends in themselves. God never does this, the other is supreme in Love.
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But on the other hand the Bible seems to believe value is a social phenomena. This is found in the abundance mentality of Christ and his disciples. There are no limits on love, food is multiplied miraculously, and all talents and even salvation is a gift.
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This over against there being no room in the inn, giving unto Caesar that which is Caesar’s, and it being expedient that one man should die so that the nation might live.
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It seems to me that many of the labor value arguments come out of a place of “protecting labor”, and I think this is mistake because it simultaneously seems to commodify labor even more. A human being is far more valuable than the work he is able to produce for markets.
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"Protecting labor" is not my main subject, rather "unemployment". Money escaping from industrial economy is unemployment, unused purchasing power, unused work mob-ilization. And a need of our time is to make finance help fighting against climate change, to mobilize work for that.
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This view requires spiritual insight. The simultaneous existence of the vast multitudes of the poor and the unused cash stockpiles in today’s technology companies signals lack of this insight to my eyes.
End of conversation
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