Money Fetishism

Money Fetishism

 

the worship of money and deification of it under conditions of the spontaneity and anarchism of production based on private property, a system in which people inevitably begin to treat each other as things or commodities. Money fetishism is a developed form of commodity fetishism. The socialist revolution uproots the basis of money fetishism. In the process of the construction of socialism, all elements of money fetishism disappear with the liquidation of the vestiges of capitalism.