Money

Topic-2

‘Money’ A Historical Review

During the agricultural era, our ancestors lived in small regionally confined communities with limited populations. While their intelligence and capabilities in producing P&S were evolving, they often faced inadequacies in obtaining enough P&S. Many of their social, cultural, and human values remained deeply rooted in primitive traditions.

Even then humans were incapable of producing and consuming all the P&S needed for a lifelong livelihood with own working time. All age groups within the community relied on the P&S derived from the same system, known as TAWT on ED, maintained by the working age population.

However, the elder male members did not advocate for individuals to exchange their working time with TAWT on ED for lifelong access to P&S. Instead, they took control of the working times invested by successive working age population in producing P&S, as well as the resources and information (education) necessary for their production, thereby restricting direct access to P&S from TAWT on ED for them.

Time, resources, and information are as vital to human survival as air itself. No individual has the right to exert control over these fundamental elements in any justifiable manner. Yet, the elder men of that time devised four unfair and unethical methods to seize control, despite claiming to provide P&S for all age groups in society.

1. Seizing Ownership: Through force, intimidation, and superstition, the elder male class seized control of P&S, resources, and information and provided these essentials to working age and their dependants only when they received other P&S produced by them in return.

2. Enslavement: Enslaved working age population, capable of investing their working time to produce P&S, were forced to do so using the knowledge and resources reserved in their names

3. Control over Women: Male elders ensured that the resources they reserved were passed exclusively to their own children. To secure this, they claimed ownership over women, restricting their freedom to guarantee lineage and resource control, and forced them to remain with the father of their children for life

4. Establishing Authority: Through law of the country — deemed necessary for human society, since no individual can independently produce and consume all the P&S required for a lifetime — the elder male generation established the power to create and enforce such rules, binding children and women to obey them

As a result of these coercive practices, the working time of succeeding generations came entirely under the control of their elders. Consequently, the natural human potential to directly obtain P&S for lifelong survival by exchanging one’s own working time during the working age with the ongoing TAWT on ED was never utilized or developed thereafter.

For verification, the four systems and their associated practices, as recorded in human history since the agrarian era, are as follows:

• Barter System: Since 6000 BCE, humans exchanged information, resources, and P&S possessed by one individual for items possessed by others.

• Slavery System: From 6000 BCE to 1948 CE, humans practiced the ownership of men and women working age population to forcibly produce P&S.

• Marriage System: Marriage System: By 3000 BCE, men established rights over one or more women to produce their offspring and restricted them from cohabiting with other men. However, anthropologists and historians generally agree that marriage as a recognized social institution likely dates back to the Neolithic period, around 10,000 to 4,500 BCE, though records from that time are scarce.

• Continuing the System: Over generations, humans multiplied in number, expanded their consumption needs, and migrated in groups seeking resources from one region to another, while still adhering to these same practices.

• Arbitrary System: From 3000 BCE, humans began assigning arbitrary numerical values to information resources and P&S, using documents and ‘money’ as exchange tools.

• Money System: Around 1700 CE, when transferring P&S, information, and resources to the younger generation, the elder generations shifted from demanding direct products or services to demanding “money,” the recognized common medium of exchange within their country.

In the following section, we will clarify the process through which people of that period transformed the organic common medium of exchange—invested working time—into the legitimately approved medium of exchange of their country, known as ‘money,’ in five sequences:

1. Elders from the male members of the country assigned arbitrary numerical values to P&S, education, and resources that they owned through force and intimidation.

2. While the working-age population produced P&S using the working time ‘controlled’ by the elders, these P&S remained under the elders’ ownership. In return, the elders compensated the working-age population with documents marked with numerical values as wages.

3. These numerical values were then formally recognized as money through constitutional decree, signed and approved by designated officials (President/Governor/King, etc.), establishing them as the common medium of exchange for obtaining P&S in the country.

4. The constitution of the country further stipulated that all citizens must acquire information [education] in the form of “Eligibility Certificates” and obtain resources and P&S as “Ownership Records” in their own name from the elder generations. To obtain these documents, citizen must reward the money received as wages for the working-time invested in producing P&S at its par value.

5. It stipulated further that, anyone using resources, education, or consuming P&S without registering them in their name with the respective documents and providing corresponding values in money would face stringent punishment under legal provision.

Born through the passage of time, we are bound by the constitution of a nation shaped by primitive conditions rather than guided by its natural principles. Therefore, it is essential to examine how the fundamental aspects of survival are implemented today and how we continue to overlook the very biological function of TAWT on ED.

• When children are born in the country and receive the necessary P&S, and education until they reach adulthood, their guardians and the Government at that time must compensate the senior generation—who have established ownership rights over these items in arbitrary numerical value—by paying an equivalent amount in money, issued in the name of the nation.

• When these children enter the working-age and begin using resources to produce P&S, they must compensate the owners of these resources with an equivalent value in money.

• When the working-age group utilizes the education and resources they acquired by paying an equivalent monetary value to the elder generation, they collaborate to produce various P&S. To consume these, they must again compensate the set price in money.

• When the Government of each period utilizes education, resources, P&S for nation-building—the very function of TAWT on ED—it must collect a portion of the citizens’ money as taxes and distribute it as compensation to those who have established ownership rights over these items.

• When constitutions mandate that P&S, education, and resources cannot be provided to new-borns without monetary compensation, and the elder generation enforces this mandate, the cycle continues, reinforcing systemic dependency on money from generation to generation.

This historical review outlines the evolution of money as a common medium of exchange, from its emergence to its modern application.

When “money,” created through an inherently unethical, impractical, and unilateral system, became legally enforced as a universal medium of exchange, its consequences ran deep.

It is from this flawed foundation that our economic systems, judicial frameworks, societal norms, and individual relationships have emerged.

Therefore, in the following section, we must examine how this system impacts not only the distribution and preservation of products, services, education, and resources but also the survival and dignity of humanity itself.

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