State of the Art (2000)
“When a fellow says it ain't the money but the principle of the thing, it's the money.”
“For even money itself has no value if there is no network of people to recognize it.”
Source: The Other Side Of The Coin (2008), Chapter 3, One Versus Plurality, p. 88
Letter to Nathaniel Hawthorne (July 1851); published in Memories of Hawthorne (1897) by Rose Hawthorne Lathrop, p. 157 <!-- also in Herman Melville, Mariner and Mystic (1921) by Raymond Melbourne Weaver -->
Context: Not one man in five cycles, who is wise, will expect appreciative recognition from his fellows, or any one of them. Appreciation! Recognition! Is love appreciated? Why, ever since Adam, who has got to the meaning of this great allegory — the world? Then we pigmies must be content to have our paper allegories but ill comprehended.
“When a fellow says, "It hain't the money, but th' principle o' the thing," it's th' money.”
Hoss Sense and Nonsense (1926).
As quoted in The American Treasury, 1455-1955 (1955) by Clifton Fadiman, p. 993.
Variant: When a fellow says, "It ain't the money but the principle of the thing," it's the money.
Source: Gather, Darkness! (1950), Chapter 10 (p. 106)
Defying the Tomb: Selected Prison Writings and Art of Kevin Rashid Johnson (2010)
“When money functions as measure of value it must truly represent the values it helps to circulate.”
Source: The Limits To Capital (2006 VERSO Edition), Chapter 10, Finance Capital And Its Contradictions, p. 293
" Principles for Dealing with the Changing World Order by Ray Dalio https://www.youtube.com/watch?v=xguam0TKMw8" (at 6m43s), Principles by Ray Dalio, 2 March 2022.
“Powerfully positioned middlemen extract value by interrupting or distorting information.”
Jason Owen-Smith and Walter W. Powell. "Knowledge networks as channels and conduits: The effects of spillovers in the Boston biotechnology community." Organization science 15.1 (2004): 5-21; p. 16
