money power 💸

 1) the money power important that  💰

Money is a widely accepted medium of exchange that facilitates transactions, acts as a store of value, and serves as a unit of account. It also represents social power, influencing status, security, and even political influence. 

While economists focus on its functions, other social sciences explore its broader implications, including its role in shaping social hierarchies and influencing political landscapes.

Examples of Money as Power:

Political Influence:
Wealthy individuals and organizations can contribute to political campaigns, lobby for specific legislation, and influence policy decisions. 






Social Influence:
Money can grant access to exclusive social circles, VIP tables, and other opportunities that are not easily available to everyone.

Limitations:

Money is not a perfect measure of power, and its influence can be limited by other factors, such as individual character, social norms, and legal regulations.

Financial Education:

Understanding how money works can empower individuals to build wealth and make informed decisions, regardless of their initial financial situation.

Money, Power and Values

Power is the capacity to accomplish work in any field. The capacity for accomplishment in

society, in every field of social life, is Social Power.

Education, science, law, commerce, knowledge, language. money and the Internet are a few

examples for the different forms and expressions of social power. Of all the social powers,

universally, money has always been the most sought after social power. Why? Money is a

specialized form of social power. It has all the characteristics of other social powers. In

addition, it has characteristics that other forms of social powers do not have.

future challenges 

Each social power operates has different levels. Money is a social power that operates at all

levels - formal, informal, legitimate, illegitimate, fundamental, surface, regional and global.

Not all social powers have that capacity.

Conventional economic theories see the function of money as a means of exchange, unit of

account and store of value. There is empirical truth in is its wisdom. These characteristics

have helped the growth and evolution of money. These characteristics have helped man

overcome the time and space constraints in many areas of his life. They have given him peace

of mind by addressing the uncertainties of the actions of nature and fellow human beings. But

money is more than what these conventional economic theories think about it.

Money is an organization. The power of money arises not from any intrinsic value of its

own, but from the complex social organization which supports its creation and utilization.

Organization is an immense power for social productivity. But the power of money does not

issue solely from being a social organization. Money is also a mental symbol and symbols

possess an extraordinary power of their own that multiplies the power of organization.

Values generate money. When value is tied to physical objects and not to human beings, the

amount of money generated was limited by the size of the physical object. When the society

trusted the value of gold, the shining yellow metal was the determinant of the amount of

money that can be created. Then the society made progress at a slow pace. When the society

began to trust the man, his capacity, his aspiration, his knowledge, his vision, his will, the

generation of money multiplied. The society began to make progress at a rapid pace.

Trust is a value. Credit card is an example for generation of new money based on a value.

Credit card is issued based on the trust in a man’s capacity to earn in future. Man is capable

of embracing and practicing many values. If the society can link those values with money,

then limitless amount of money can be generated. In other words, values can generate

limitless productive social power.

Inter-convertibility is an important characteristic of money. For example, one can convert

money into medical education. The knowledge in medicine can be converted into a source of

money-generation and one can generate more money that was spent on acquiring knowledge.

Or one can hire a lawyer and thus convert one’s money into a legal knowledge. Money can be

converted into innumerable social powers.

The social power of money to legally and illegally influence public elections, government

legislation and administrative policy decisions is universally prevalent to varying degrees. A

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right understanding of money can enable nations plagued by corruption to convert the

destructive power of negative group into constructive energies for nation building.

The real value of money cannot be judged in terms of what it can buy. The real value of

currency is its capacity to generate human welfare and well-being, i.e. its human value in

service of humanity

Money, as a social power, has the capacity to accomplish work in any field. But, the power of

money is secondary in nature. Money is only a symbol. So, it cannot produce results on its

own. Money needs another catalyst, agent or instrument to produce results. Money can

convert itself into another power or purchase another social power, and then produce results

through that supporting power only. But, many other forms of social powers can produce

results without a supporting social power or instrument. The noises and the sound are not

language. When they are organized, a language is born. A Language is a social power that

can directly influence human mind, human emotion and human action. Language can even

influence some actions of animals. It does not need the support of any other social power.

When you try to influence a man - his mind, emotion and action - through money, you need

the support of another social power like communication to make him understand why money

is given to him.

The society believes that money can be converted into any other social power. It further

believes that with the support of money the world can overcome the constraints of space, time

and uncertainties in human life. So, the man, the organizations and the institutions

accumulate money. The attitude of accumulating money results in the increasing

concentration of wealth and power that constitute the basis for plutocracy. History shows that

concentration of any social power in the hands of a small group of people has always resulted

in serious imbalance in society and has led to avoidable human suffering, pain, poverty and

unrest. Many theories, conceptual frameworks, doctrines, ideologies, and isms have come and

gone without solving the problem.

Can we think of new remedies for the increasing concentration of wealth and power that

constitute the basis for plutocracy? Is it possible to achieve wider distribution of money that

can induce more rapid and equitable social development?

Who is happy? Are you happy? Happiness is a state of the mind, not equated to, or measured by, money or power. We have enough examples that prove the contrary.

 Many a time it is a mirage, the pursuit of which is induced by outside forces, but the truest happiness comes from giving happiness..

Money earned beyond our needs is money to be used by others and many times it causes disputes in the family and amongst 👪

 Take the example of the. Huge amounts of money could not pump happiness into their family life

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