"We on Mars have been objective observers of your sick economic system.
We have carefully studied its functions. Although I do not pretend to
be an expert, I have consulted with our own experts, and feel myself
qualified to make suggestions. From the analysis we have made, we
call it moneyism which is the root of your economic evils. Your whole
existence centers around your desire for money, and you are handicapped
in that you must have money to live even a comparatively normal
existence.
"In nature, only living matter is productive. But contrary to natural
law, you have created money, interest and reproductivity into an
unnatural body, that has elements of the corrupt.
"I am not going into the detailed dogmas of your economists, nor will I
define them and their functions; but I will try to give you a summary
of the history of money, past and present.
"Money started in your ancient times, as a barter system.
"Beginning by gradual evolution in your stone age, you started with
living money like cattle, slaves, next came shells, colored fancy
stones, stone axes, and tools. Then your earth man discovered iron ore,
mining and smelting. At that time iron was scarce and became the most
valuable metal of the time. You forged it into lance points, arrow
points; then into axes, knives, swords, arm and leg bracelets, using
these articles as a medium of exchange.
"You afterward discovered silver, gold, other metals, and precious
stones. With your innate craving for self decoration, you forged golden
crowns, medals, belts, arm and leg bracelets for your leaders or kings;
and then earrings, necklace, finger, and nose rings, and arm and ankle
bracelets for your sweethearts, wives, and daughters. Thus, the more
scarce and rare the metals, the more valuable they became, starting the
medium of barter and exchange in metal bullion and coins.
"You find an account in your Bible.
'In Genesis XX, 15, "And Abimelech said, Behold, my land is before
thee; dwell where it pleaseth thee." 16, And unto Sarah he said,
"Behold, I have given thy brother a thousand pieces of silver; behold
it is for thee a covering of the eyes to all that are with thee, and
to all others. Thus she was reproved."'
"The American Indians and white settlers used wampum as money. Tobacco
government warehouse deposit certificates were also used as money.
"In some of your Southern Pacific Islands your cannibal tribes used
compressed human heads and skulls to purchase their wives; in Africa
ivory elephant tusks were used and others of you have used a great many
other mediums of exchange.
"Mr. Norman Angell, one of your economists, in his book, _The Story of
Money_, gives a clear description of the uses of money. He says it is
used
"As a medium of exchange, a measure of value, a standard of deferred
payment, and as a store of value."[21]
"Mr. Victor L. Clark, one of your authors, in his book _What is Money_,
says that
"It is something with which we can buy goods and services."[22]
Public-domain text, read in full here on John Shaqi.
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