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Accepting Quote by Jacque Fresco

“Money is only important in a society when certain resources for survival must be rationed and the people accept money as an exchange medium for the scarce resources. Money is a social convention, an agreement if you will. It is neither a natural resource nor does it represent one. It is not…” quote by Jacque Fresco
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“Money is only important in a society when certain resources for survival must be rationed and the people accept money as an exchange medium for the scarce resources. Money is a social convention, an agreement if you will. It is neither a natural resource nor does it represent one. It is not necessary for survival unless we have been conditioned to accept it as such.”

Jacque Fresco

About This Quote

Source Book: The Best That Money Can Buy, 2002

Money is a social construct used for scarce resources; not a natural necessity, only accepted through conditioning.

In simple terms: Money is a human-made agreement.

Key Takeaway

Question the role of money in daily life.

Themes

economics social constructs conditioning

Mood

analytical thoughtful

Type

philosophical economic

When to use this quote

  • budgeting
  • policy making
  • education reform

Key Concepts

exchange theory resource allocation

Questions to Reflect On

  • Do we truly need money for survival?
  • How can societies reduce reliance on monetary exchange?
A Different Perspective

Money can create inequality and dependency.

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