When Money Changes Society: The case of Sardex money as community
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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 makes them free to “sell” their work and trade goods on markets that
increasingly erode ...
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 makes them free to “sell” their work and trade goods on markets that
increasingly erode ...







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