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Georg Simmel’s The Philosophy of Money and the Modernization Paradigm

Abstract

This article examines Georg Simmel’s contribution to the understanding of how money functions in modern society, mainly scrutinizing his most important work on that topic, The Philosophy of Money, in the context of modernization theories. Modernization theories, as developed (most notably) by Marx, Weber, Durkheim, and Elias, attempted to explain the transition from feudalism and a closed agrarian economy to capitalism and industrial society, as well as to understand and predict the avenues, consequences, and dangers of that transformation. The author argues that Simmel’s work and his theoretical framework fit neatly into the “modernization paradigm” template and, in fact, constitute one of its finest articulations. The conclusion points at those aspects of Simmel’s sociology that transcend the boundaries of modernization discourse and make him a forerunner of the postmodernist structure of “feeling.”

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Category:
Articles
Type:
artykuł w czasopiśmie wyróżnionym w JCR
Published in:
Polish Sociological Review pages 429 - 445,
ISSN: 1231-1413
Language:
English
Publication year:
2018
Bibliographic description:
Karalus A.: Georg Simmel’s The Philosophy of Money and the Modernization Paradigm// Polish Sociological Review. -, nr. 4(204) (2018), s.429-445
Verified by:
Gdańsk University of Technology

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