mannin finance law

Nothing could be more complicated than finance — the stock exchange, the banking system, the credit system, and the labyrinth of accountancy. – ethel mannin

graeber f & b same law

graeber violence/quantification law et al

david on finance

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from ethel mannin’s bread and roses (and more specific ethel on consumption and exchange):

87

There is no buying and selling. Everything — food, houses, clothes, entertainment, public services, transport, books, furniture, education — is completely free. There is no barter. No compulsion to work. No wages.

a sabbatical ish transition ness.. whatever for a year

‘Won’t it make everything very complicated?’

On the contrary, it simplifies everything. Nothing could be more complicated than finance — the stock exchange, the banking system, the credit system, and the labyrinth of accountancy..t

mannin finance law

graeber f & b same law

graeber violence/quantification law et al

Robert Mennell, himself a business-man, declares, ‘More than half the worry and effort of any business is connected with the cash and price problems, buying and selling, costing, charging, checking and collecting the money..t The choice and assembling of the most suitable materials and personnel, the calculating of weights and measures, strains and stresses, these would be simplified out of recognition if price considerations could be eliminated. … If cash considerations were eliminated, countless thousands of men and women now engaged on money calculations would be set free for useful work for the public good or for the cultivating and beautifying of their own minds and bodies as well as their own houses and gardens ’. He adds that ‘As a result of this release of man-power, production under scientific planning, and with mechanical devices being used to their full capacity, would so vastly exceed our power of consumption that the time available for living as distinct from earning a livelihood, would soon transform the world’.

In Utopia there is no question of *earning a living. Living is not something which should have to be earned; the basic right of all existence is the right to live . To this, in a truly civilised society, should be added the right to live abundantly , l But only in a **moneyless society is man freed from the necessity — and degradation — of having to earn his living.

*earn a living ness

**has to be more than moneyless.. ie: sans any form of measuring/accounting/people telling other people what to do

The people who insist that a moneyless society is impractic- able merely assert their lack of faith in humanity.

Money is not wealth. Money produces nothing. When there is a famine money is useless; its falsity is then revealed; it ceases to have reality as wealth. The only real wealth is the land.

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laws\ish

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