A False Yardstick

Men, therefore, may prefer to use money as a yardstick even in efforts which do not have the aim of making additions to a society’s stock of utility. Even where the aim is to add to solidarity, collective effectiveness, or societal authenticity, men, once committed to rationalization, deployed a variety of cost-benefit analysis to measure their performance … A whole host of social problems from urban renewal to delinquency-prevention projects remain a mess in part because of the use of money for ends that money alone cannot serve.R.C. Baum, ‘On Social Media Dynamics’ quoted by J├╝rgen Habermas, Theory of Communicative Action, Cambridge 1987, vol. 2, p. 293

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