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  • Money is only important in a society when certain resources for survival must be rationed and the people accept money as an exchange medium for the scarce resources. Money is a social convention, an agreement if you will. It is neither a natural resource nor does it represent one. It is not necessary for survival unless we have been conditioned to accept it as such.

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Money is only important in a society when certain resources for survival must be rationed and the people accept money as an exchange medium for the scarce resources. Money is a social convention, an agreement if you will. It is neither a natural resource nor does it represent one. It is not necessary for survival unless we have been conditioned to accept it as such.

Now Barack Obama, who campaigned for transparency, is the President defending secret negotiations on new trade agreements that are largely being written by corporate lawyers and lobbyists. He would give corporations the key to the treasury while he gets the authority to fast track another hammering of working people and the environment. Yet the only people who get a real tongue-lashing from this President's White House are progressives around town who dare to call him on the carpet for abandoning his promises.

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