imagine an african family, living without money, they have a plot of land, they have a few animals, crops growing on the land, the man has a wife and a few children... the family lives on what they can grow and gather..
now money comes in... the "medium of exchange" is forced upon them and they cannot barter anymore...
suddenly they need to use money.. and in order to get money, they start to sell their crop, their animals, even their land... but someone comes in and buys it all up because of the inequality of the distribution of money... usually someone with power...
so, now, you have, a man, with a pile of banknotes, with nothing else..
his farm, his animals, his land, everything is gone... taken over, sometimes by sheer force.. for money...
this man and his family, suddenly become destitute when before the introduction of money, they had all they needed...
this is a simplistic view of what happened.. what actually happens is something like this.. but with a lot more things thrown in...
were they "poor" before? they were, by our standards but they lived well and proud...
are they poor now? definitely!
the introduction of money to some, caused a lot of misery...
and you don't even have to factor in Greed into the equation for the above to make sense!
Originally posted by ^spidee^:
Care to elaborate? I'd always thought money is just a medium of exchange for goods and services, didn't know it had such devastating effects. Greed maybe?