Wednesday 19 October 2011

THE FORM OF FORTUNE



I found this passage from Georg Simmel's Philosophy of Money, which seems pertinent to the psychology of wealth management...

'What else in money might be generally characterized as form comes out
of the unity of the personality which transforms discretely separated parts
of a fortune into a unity. Hence, a fortune, particularly a large one, does
not possess the aesthetic awkwardness of money. This is due not only to
the aesthetic possibilities that wealth provides. Rather—partly in addition
to these possibilities and partly by giving them a basis—the image of a
fortune lies in the form that money attains through its relationship to a
personal centre, which differs completely from the abstract notion of
money. This form clearly indicates its character as form by the difference
between such a unified fortune and the same amount of money distributed
among many people. The extent to which personal ownership determines
emphasizes its form is illustrated not only by money. The hide of land
held by the old Germanic freeman was indivisible because it was identical
with membership of the mark community. The ownership of this land
flowed from the person and thus possessed the same qualities of unity and
indivisibility as he did'.

In futuro, I will be writing about the consequence of Utopia, that no-existing "place", and the monetary and artistic basis of Civilization as partially derived heretofore. I have been busy, but still endeavouring to publish previous promises!

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