John Brodix Merryman Jr.
1 min readDec 23, 2019

--

We are goal oriented creatures in a cyclical reality. Consequently we confuse markets, which require the circulation of money, with Capitalism, which I would describe as treating money as the signal to extract from the noise of the economy and society, to save and store.

Econ 101 says money is both medium of exchange and store of value, yet they are different functions. For example, blood is a medium and fat is a store. Or roads are a medium, while parking lots are a store.

The problem then becomes finding ever more inventive ways to store the excess notational value flooding through the economy, while having to pour ever more into it, to keep the system running.

Since I’m rushing off to work, an essay I wrote some months ago, if the premise seems interesting;

https://medium.com/dialogue-and-discourse/the-worm-in-the-apple-of-modern-capitalism-a46081000d5a

--

--

John Brodix Merryman Jr.
John Brodix Merryman Jr.

Written by John Brodix Merryman Jr.

Having an affair with life. It's complicated.

No responses yet