6 Pages


ByNico Stehr, Dustin Voss

A sociology of money concentrates on money as a reflexive social mechanism, as a medium and means of exchange, as the freedom to store or spend value, as a universal means of communication in the economic and social system, and as a crisis-inducing phenomenon. Georg Simmel stresses that “society needs some quantitative ratio of harmony and disharmony, association and competition, good will and ill will, in order to arrive at a specific formation.” Persistent collective strains and conflicts on the societal time axis represent the theoretical and methodological principle of the simultaneity of the non-simultaneous. In the analysis of social developments, it is paramount to respect the prohibition of a “synchronism of the incommensurable”. Labor is essential to production, represents a central aspiration in life, is a source of income for most social strata and, above all perhaps, essentially a bearer of individual and collective meaning.