Currency
1. Abstract, dissociated approval which allows access to all benefits of society without contribution, membership or acceptance of the society's values or norms. 2. Endosocial token to replace gratitude and approval and replace exosocial interactions with endosocial transactions. 3. A capacitor which contains anima in an easily exchanged format. 4. A talisman for transferring the guilt in an unbalanced interaction to the recipient.
Expanded explanation
Four senses that stack rather than compete. The first is the most consequential, because it makes belonging unnecessary. Currency is abstract, dissociated approval granting access to every benefit of a society without contribution, membership or acceptance of its values, which is what allows a person to draw on a society they have no relationship with. The second names what it displaces. As an endosocial token it stands in for gratitude and approval and converts exosocial interactions into endosocial transactions, so the thing that would have been settled in relationship is settled in coin instead. The third places currency in the anima system as a capacitor holding anima in an easily exchanged format, which is what lets Marsh say the life energy of those once sacrificed is now contained in currency exactly as it was contained in amulets, talismans and icons. The fourth is the guilt function, and she gives it a history. Early Protestants did not eliminate Catholic absolution but replaced the sacrament with currency as the new magical talisman of guilt transference, and industrial culture believes religiously that paying absolves the payer of all guilt in an unbalanced interaction. The clearest consequence is her point about slavery. Between endogroups it is not recognized where currency changes hands, because any absence of free will is treated as cancelled by acceptance of payment.
In Heather Marsh’s words
Marsh reads currency as a religious instrument, with the sacrament of absolution replaced by the coin.
“Any absence of free will is considered negated by acceptance of currency”
Abstracting Divinity
Examples
- Access without belonging
- Money buys the benefits of a society from someone who contributes nothing to it and accepts none of its norms, which is the first sense in practice.
- The hollow token
- A student's discovery is exchanged for a grade and an employee's autonomy for a wage, in both cases replacing primary anima with a token.
- Guilt cancelled by payment
- The belief that paying settles an unbalanced interaction is what allows coerced labour to pass as employment once currency is involved.
How others use it
Economics defines money by function, as a medium of exchange, a store of value and a unit of account, and the anthropological literature has long disputed the barter origin story attached to it, with David Graeber arguing that credit and obligation came first. Georg Simmel's philosophy of money is the nearest predecessor to Marsh's second sense, since he argued that money dissolves personal ties into calculable relations and produces a characteristic modern detachment. Marx's account of the commodity fetish and Weber's link between Protestantism and capitalism both sit close to her third and fourth senses. What Marsh adds is the guilt function stated explicitly, treating the coin not as a symbol of value but as a talisman that moves blame from payer to recipient.
Sources
Defined in the Binding Chaos series glossary, and developed through the guilt transference and economic religion material of Abstracting Divinity.
Recommended reading path
Then read in full: Abstracting Divinity.
A suggested order for exploring this corner of the theory.