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The Devil and Commodity Fetishism in South America - autonomous ...

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130 <strong>Devil</strong> <strong>and</strong> <strong>Commodity</strong> <strong>Fetishism</strong> <strong>in</strong> <strong>South</strong> <strong>America</strong><br />

the detriment of the household<strong>in</strong>g or "natural economy." As Roll<br />

po<strong>in</strong>ts out <strong>in</strong> A History of Economic Thought, this dist<strong>in</strong>ction between<br />

the two arts of money mak<strong>in</strong>g "was not just an attempt to<br />

drive home an ethical dist<strong>in</strong>ction. It was also a true analysis of two<br />

different forms <strong>in</strong> which money acts <strong>in</strong> the economic process: as a<br />

medium of exchange whose function is completed by the acquisition<br />

of the good required for the satisfaction of a want; <strong>and</strong> <strong>in</strong> the<br />

shape of money capital lead<strong>in</strong>g men to the desire for limitless accumulation"<br />

(1973:33).<br />

In his discussion of Aristotle, Roll emphasizes the idea that money<br />

as used <strong>in</strong> the circulation of use-values—Aristotle's household<strong>in</strong>g,<br />

the natural economy—is barren. "Money is <strong>in</strong>tended to be used<br />

<strong>in</strong> exchange, but not to <strong>in</strong>crease at <strong>in</strong>terest; it is by nature barren;<br />

through usury it breeds, <strong>and</strong> this must be the most unnatural of all<br />

the ways of mak<strong>in</strong>g money" (1973:33). This <strong>in</strong>formation can be<br />

organized <strong>in</strong> tabular form (see Table 2).<br />

Several analogies emerge from the set of contrasts depicted <strong>in</strong> the<br />

table, for <strong>in</strong>stance:<br />

Use-Value of Money Exchange-Value of Money<br />

(money) (capital)<br />

natural unnatural<br />

barren fertile<br />

But <strong>in</strong> nature, <strong>in</strong> the biological world for example, th<strong>in</strong>gs are naturally<br />

fertile. Aristotle writes: "Money was <strong>in</strong>tended to be a means of<br />

exchange, <strong>in</strong>terest represents an <strong>in</strong>crease <strong>in</strong> the money itself. We<br />

speak of it as a yield, as of a crop or a litter; for each animal produces<br />

its like, <strong>and</strong> <strong>in</strong>terest is money produced out of money. Hence of all<br />

ways of gett<strong>in</strong>g wealth this is the most contrary to nature" (1962,: 46).<br />

Us<strong>in</strong>g the method propounded by Mary Hesse <strong>in</strong> her discussion of<br />

analogy, this can be expressed as a set of positive <strong>and</strong> negative analogies,<br />

<strong>in</strong> which there is explicit recognition of both similarity <strong>and</strong> difference<br />

between the paired terms that constitute the analogy (1963).<br />

Biological Use-Value of Exchange-Value of<br />

Realm Money Money<br />

(natural) (natural) (unnatural)<br />

animal M M<br />

litter M M'

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