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The Philosophy of Money (1900; German: Philosophie des Geldes) [1] is a book on economic sociology by German sociologist and social philosopher Georg Simmel. [2] Considered to be the theorist's greatest work, Simmel's book views money as a structuring agent that helps people understand the totality of life. [2]
Georg Simmel was born in Berlin, Germany, as the youngest of seven children to an assimilated Jewish family. His father, Eduard Simmel (1810–1874), a prosperous businessman and convert to Roman Catholicism, had founded a confectionery store called "Felix & Sarotti" that would later be taken over by a chocolate manufacturer.
The specific term "economic sociology" was first coined by William Stanley Jevons in 1879, later to be used in the works of Émile Durkheim, Max Weber and Georg Simmel between 1890 and 1920. [1] Weber's work regarding the relationship between economics and religion and the cultural " disenchantment " of the modern West is perhaps most ...
With his work on the metropolis, Simmel was a precursor of urban sociology, symbolic interactionism and social network analysis. [38] [39] Simmel's most famous works today are The Problems of the Philosophy of History (1892), The Philosophy of Money (1900), The Metropolis and Mental Life (1903), Soziologie (1908, inc.
Georg Simmel's Philosophy of Fashion is published. Max Weber's The Protestant Ethic and the Spirit of Capitalism is published. The American Sociological Society is founded; this is later renamed the American Sociological Association. The School of Sociology set up by the Charity Organisation Society for the training of Social Workers.
The three courses Park took with Simmel constituted the majority of his sociological training [9] and Park proceeded to adopt Simmel's belief that modernity would express itself most tangibly in the city. [8] Simmel's work the Philosophy of Money and relative shorter essays greatly influenced Park's future writing. [12]
"Simmel's Philosophy of Money – A Review Article for Economists", Journal of Economic Literature, March 1980, 97–105 (with N. Rowe) "Review of The Shadow of Keynes." Journal of Political Economy 86 (1980): 1269—74. "Monetarism – An Interpretation and an Assessment", Economic Journal 91, March 1981, 1–21. 7; Laidler, David (May 1981).
Simmel characterises rural life as a combination of meaningful relationships, established over time. These kinds of relationships cannot be established in the metropolis for a number of reasons (e.g. anonymity, number of vendors etc.), and as a result, the city dweller can only establish a relationship with currency – money and exchange ...