“Money is indispensable to a long-circuit heavy load energy system. It must be used when a sufficient surplus is being produced to allow a margin for exchange, and cost of transport, over a considerable distance. Money represents a storage battery when idle, and a generalized mode of the conversion of energy when it is in motion, with a function of equating time and space.”
Quote by Isabel Paterson
Book:God of the Machine
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God of the Machine
This book delves into the philosophical underpinnings and economic principles of capitalism, analyzing its role in shaping modern society and the individual's place within it. more
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