(ABC Aus.) Paul Tyson–The Metaphysics of Money: What the Medievals May Yet Teach Us

This artificial conception of money perhaps lies behind the pathological tendencies of high finance which are destructive of real wealth. Our governments and finance sectors are so often permitted to act in a criminal manner because we assume that money is amoral, disconnected from any right order, and thus open to manipulation by the masters of high finance. If we are to change this situation in a lasting way, we need to change the way we think about money, wealth and power.

We are not, of course, going to banish extortion or amoral instrumentalism just by having better metaphysics. Criminals, extortionist and abusers of power were as common and as powerful in the Middle Ages as they are today. Yet if we do not appreciate the relationship between the prevailing order of wealth and power and the metaphysical assumptions upon which they rest, we will be condemned to repeat the same cycle of inequity and instability.

The main game, indeed, is the struggle for our minds. Plato saw this most clearly. As long as we believe that illusions are reality, we are controlled by those who manipulate the collective illusions that structure the operational norms of the world as we know it.

How do we get money tied to the realities of real human life so that it becomes a fair function of the actual production and distribution of real wealth?

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