
“Most of our important relationships with other humans are monetary in nature. We have employment contracts, lending contracts, pension agreements, annuities, welfare, taxes, and, more broadly speaking, the prices paid for goods and services. The basis for all of these relationships is money. When the money becomes ‘immoral,’ all of these relationships also lose their moral character. Instead of investors, builders and producers, we become traders: trading assets; trading jobs; trading money for favors; trading spouses; trading our supposed ‘beliefs,’ for short-term gain in a zero-sum, and in fact negative-sum society.”
http://www.forbes.com/sites/nathanlewis/2012/10/28/the-social-deterioration-of-funny-floating-money/
Related posts:
Will Grigg: Put Not Your Trust In Federalized Sheriffs
Neocon think tank next to call out racist, pro-war roots of War on Drugs
Ron Paul: Government Policies Hurt Low-Wage Workers
Bill Bonner: What a Wheeze!
State Sponsored Terrorism: Another Anniversary
The Cyprus Depositor Haircut
America’s ‘War on Terror’ Has Cost Taxpayers $5.6 Trillion
The 7 Choices Left to the Military-Industrial Complex
In Gold We Trust 2014
The real story behind the demise of America's once-mighty streetcars
Glenn Greenwald at Yale Law School: "With Liberty and Justice for Some"
John Hussman: The Two Pillars of Full-Cycle Investing
Declare Your Independence
3 Reasons the ‘Nothing to Hide’ Crowd Should Be Worried About Government Surveillance
The future of work: on to a freelance model?