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6: The Enemies of Money

Proponents of a socialist community are opposed to the notion of money. In their view, nations, states, and cities are merely scale version of the isolated household, in which the household stock of goods are shared among members of the household without any formal exchange.

Attempts at practical application of such an economy has met with little success, as it fails to consider that the household stock of goods must be produced before it can be shared. Those drawn to the notion of a socialist community are far more enamored of the notion of having a share than contributing to it.

As a result, systems of exchange arise even within socialist systems, and even without the benefit of money, generally via the hoarding of and direct exchange of goods - either as physical commodities or in the form of tickets, coupons, receipts, or whatever token the state uses to grant access to desired commodities.

As such the elimination of money does not eliminate the existence of private property or the exchange thereof, it is merely the choice of the state not to facilitate, or participate, in the market.

Money Cranks

The "confused enemies" are similarly misguided into attacking the concept of money as they fail to grasp the root cause of the problems to which they object.

This is the notion that the love of money is the root of all evil, and that crime and exploitation are done with the motive of gaining money, and that the elimination of money would also eliminate such social problems.

Such arguments are without merit. Money is incidental to the motivation for social evil. In its absence, a thief would still steal, a prostitute still exploit herself, in exchange for some other item of value - whether their ultimate goal was to obtain the item itself, or to exchange it for some other item they value more.

Hence, the "root" of these social evils is not money, but some other phenomenon. Property crimes such as theft and fraud are just as likely to occur in a society in which all goods are traded by direct exchange because the motive of the perpetrator is to gain something of value without undertaking the effort to produce it (EN: how different from the motive of the individual who proposes to be a nonproductive member of a socialist economy?).

Money is of value to the criminal for the very same reasons it is of value to the honest citizen (value in trade, portability, etc.), and the elimination of money would be even more harmful to the honest as it would to the dishonest.