Quote by Ralph Waldo Emerson

The value of a dollar is social, as it is created by society.


The value of a dollar is social, as it is created by society

Summary

This quote suggests that the worth or significance of a dollar is not inherent or constant, but rather a product of societal consensus. The value attributed to money is determined by the collective understanding and acceptance within a community or society. This indicates that money is a social construct, dependent on the trust and agreement of individuals within a given society. Furthermore, it implies that the value of money can fluctuate over time and in different social contexts, highlighting its inherently flexible and subjective nature.

Topics

Society
By Ralph Waldo Emerson
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