Money is a striking example of a status function: a five dollar bill performs its function not in virtue of its physical structure but in virtue of the collective acceptance and agreement that it has the status of being money

factualpending

Speaker

John Searle

Evidence Quote

it doesn't perform the function in virtue of its physical structure it performs the function and virtual effect that we accept or recognize or agree it's in virtue of our attitudes that it performs the function of the five dollar bill

Source

The Logical Structure of Human Civilization (John Searle)Philosophy Overdose
Created: 8/12/2026, 6:18:37 PM

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