by
Geoff Mann
[...] capitalist money, as a social relation or institution, militated against all meaningful political change. Because it must carry and stabilize value across time and space, and because all or virtually all exchange takes place via money, money is at root a promise that the future, here or elsewhere, will be basically the same as today. If it were not, no one would trust money as the expression of value, and then it would not be money. [...]