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However, since in most cases these factors are accidental, the very concept of
capitalization is fictitious (which in itself has not been news for a long time).
During the First Industrial Revolution (or even shortly before it), capitalization
could only be at the "crown", spent on luxury and war. It is not by chance that the
notion of an "economic bubble" is next to the concept of capitalization, which
sooner or later bursts with the same speculative fiction.
Whatever it was, but money, no matter what interpretation is taken, is the
technology of power (although they themselves, like the cornucopia, generate all
other industrial technologies through the social system). In what general case do
they acquire the systematic nature of the capitalist mode of operation? The
circumstances of the coincidence of the discovery of American gold in the
fifteenth century and its later delay in England, the emergence of Protestantism,
the spread of cotton and the ensuing industrial revolution (supplemented with
coal and mechanical clocks) are known. What kind of imbalance still needs to be
talked about, except about what arises from the interaction of economies with
different systems of division of labor? Perhaps it should be about the
inconsistency of the new amount of funds that is being imported from the
outside, to the actual amount of money in the initially closed market and the
transport and logistics system that exists on it. On the
other hand,
it is permissible
to assume that the volume of emitted or multiplying money does not correspond
to the existing level of the division of labor, which is caused by or is not
conditioned by the tasks of such division. It is in this sense that it is worth
returning to the notion of money as a "technology-generating technology".
Perhaps the key problem of the modern world is the already widely held assertion
that the era of money has ended – in any case, within the framework of the well-
known 600 years of their functioning. And not so much even in Europe, where
they appeared in the 12th century, and not in the "first world" as a whole. It
ended ontologically, in the sense of the emergence of the naive communist idea
of a "cashless but developed society," only for another reason – the achievement
of humanity's limits of growth and the transition of the Malthusian cyclicality to
the global level. And, of course, the first doubt – about whether such a society is
capable of being developed (within the framework of the currently known
economic model – can not, unless, of course, we consider various projects of
conscious management of the number of planetary populations of varying