ABSTRACT
This chapter reviews the framework of John R. Searle, primarily the notion of a status function declaration and the use of language to form other social institutions. Money is one example of a social institution that Searle uses, and in turn his framework is instructive for carefully delineating the social nature of money. Searle's concept of a status function declaration is a statement in language that can be documented, which assigns a specific function to a well-delineated object. Searle gives some attention to the background as part of his framework for explaining social institutions. But there is a possibility that forms of knowledge in a given period influence the self-understanding and consciousness of individuals. Foucault emphasizes the desire that makes objects valuable, hence counting as wealth. Money is a type of social relationship. The objectifying merchant's vision, which sees all objects of nature and human society as potential commodities, is reflected in the genre of modern economics.
