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Paul Cockshott on Friday, April 19 in [ope-l:1823] said,=20
The monetary function is one of recording social power - 'the power to =
command the labour of others'. What is required for this is 'a method of =
recording information, and a method of constraining transitions between =
information states'. Commodities are just one way of doing it.
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Chai-on:
In the above, "the power to command the labour of others" is not in =
Money but in CAPITAL. And, moreover, 'a method of recording =
information, and a method of constraining transitions between =
information states' is not in the function of money but in that of =
book-keeping. =20
Please make the distinctions clear between money and money capital, =
between money and book-keeping. =20
conlee@chonnam.chonnam.ac.kr