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People are Money?

 
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Edward Williams
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Joined: 12 Apr 2003
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Location: I am from everywhere I've ever been and everywhere I've never been

PostPosted: Sun Jul 24, 2005 12:19 pm    Post subject: People are Money? Reply with quote

"Money is a medium of exchange".

We've all heard these words or seen them written. What does it mean. When a person has a product and they want to exchange it for another product that someone else has, the two people have to agree on the value of the two products. "Money" facilitates the exchange. The products that are being exchanged are essentially how you spend your time and energy. I suspect this is the reason the definition in the codebook of "economics" is "the best use of time and energy".

When you purchase a product in a store you are exchanging your time and energy (the time and energy it took you to receive the money saying and doing whatever you said and/or did to get the money) for the time and energy it took another person to produce the product in the store you are purchasing. An exchange of your time and energy for their time an energy.

Someone produces "money" and assigns it a value. They tell you how much the product you produced is worth and how much your time and energy is worth in producing the product by assigning a value to the product. Whether that product is working 8 hours a day sitting behind a computer (this produces a product) or working 16 hours a day growing corn (this produces a product). This essentially means the person that produces the "money" and assigns a value to it are assigning a value to how much your time and energy is worth. Which essentially means the person that produces the "money" and assigns a value to it are assigning a value to how much you are worth.

People don't exchange anything for money, they exchange things through money (medium of exchange). Your time and energy for someone else's time and energy and any products produced. All products are produced by thought, speech, and/or action.

The most powerful white people produce a product and that product is racism. The most powerful white people spend their time and energy mistreating people on the basis of color. The product the most powerful white people in the known universe exchange for the product of racism ,which is what they produce using their time and energy, is the product of white supremacy.

The most powerful white people in the known universe produce a product of racism and exchange that product for the product of white supremacy. The product of racism produced by the most powerful white people in the known universe that is exchanged for the product of white supremacy is exchanged through non-white people.

Non-white people, under the SYSTEM of racism (white supremacy) are money. They are the principle medium of exchange. No non-white people = no white supremacy...no non-white people also equals no way for the most powerful white people in the known universe to mistreat people on the basis of color (racism).
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HelixHair



Joined: 30 Apr 2003
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PostPosted: Mon Jul 25, 2005 6:02 pm    Post subject: Reply with quote

Damn, Edward Williams, that was clarity.
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Wannabright



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PostPosted: Wed Nov 01, 2006 11:17 pm    Post subject: Money Reply with quote

People are money... that sounds like slavery. Are you saying black people are slaves in a system of white supremacy? Tell me it ain't so!!! You mean, black people are still slaves?

An Interesting Excerpt:
Recruited as an inexpensive source of labor, enslaved Africans in the United States also became important economic and political capital in the American political economy. Enslaved Africans were legally a form of property—a commodity. Individually and collectively, they were frequently used as collateral in all kinds of business transactions. They were also traded for other kinds of goods and services.

The value of the investments slaveholders held in their slaves was often used to secure loans to purchase additional land or slaves. Slaves were also used to pay off outstanding debts. When calculating the value of estates, the estimated value of each slave was included. This became the source of tax revenue for local and state governments. Taxes were also levied on slave transactions.

Politically, the U.S. Constitution incorporated a feature that made enslaved Africans political capital—to the benefit of southern states. The so-called three-fifths compromise allowed the southern states to count their slaves as three-fifths of a person for purposes of calculating states' representation in the U.S. Congress. Thus the balance of power between slaveholding and non-slaveholding states turned, in part, on the three-fifths presence of enslaved Africans in the census.

Slaveholders were taxed on the same three-fifths principle, and no taxes paid on slaves supported the national treasury. In sum, the slavery system in the United States was a national system that touched the very core of its economic and political life.

Excerpted from Jubilee: the Emergence of African-American Culture by the Schomburg Center for Research in Black Culture.
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Last edited by Wannabright on Sat Nov 18, 2006 11:49 pm; edited 1 time in total
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Edward Williams
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PostPosted: Tue Nov 07, 2006 5:30 am    Post subject: Re: Money Reply with quote

Wannabright wrote:
People are money... that sounds like slavery. Are you saying black people are slaves in a system of white supremacy? Tell me it ain't so!!! You mean, black people are still slaves?

An Interesting Excerpt:
Recruited as an inexpensive source of labor, enslaved Africans in the United States also became important economic and political capital in the American political economy. Enslaved Africans were legally a form of property—a commodity. Individually and collectively, they were frequently used as collateral in all kinds of business transactions. They were also traded for other kinds of goods and services.

The value of the investments slaveholders held in their slaves was often used to secure loans to purchase additional land or slaves. Slaves were also used to pay off outstanding debts. When calculating the value of estates, the estimated value of each slave was included. This became the source of tax revenue for local and state governments. Taxes were also levied on slave transactions.

Politically, the U.S. Constitution incorporated a feature that made enslaved Africans political capital—to the benefit of southern states. The so-called three-fifths compromise allowed the southern states to count their slaves as three-fifths of a person for purposes of calculating states' representation in the U.S. Congress. Thus the balance of power between slaveholding and non-slaveholding states turned, in part, on the three-fifths presence of enslaved Africans in the census.

Slaveholders were taxed on the same three-fifths principle, and no taxes paid on slaves supported the national treasury. In sum, the slavery system in the United States was a national system that touched the very core of its economic and political life.

Excerpted from Jubilee: the Emergence of African-American Culture by the Schomburg Center for Research in Black Culture.

Is there an experiment posted in the Counter-Racism Science Project forum for this suggestion?

Please read the FAQ. No images, according to the instructions in the FAQ, are allowed to be posted on the Counter-Racism Work/Study Project except for those that help to outline its design and avatars...because non-white people generally feel we have to have some self identification. Please remove the image from your post.
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