ABSTRACT

Money is a commodity whose use value and value become obscured by its function as means of exchange. The mainstream treatment of money as valueless endorses this obfuscation as if it were fact, and Marxian writers should not follow them by doing so. As with all obfuscations created in the circulation of capital, the misperception of money as valueless has a material basis: anything can serve as means of exchange, and this leads to the syllogism, anything can serve as money, so money can be anything.