CASH NEXUS Meaning and
Definition
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Cash nexus is a concept used in sociology and political economy to describe the relationship between individuals and social institutions, primarily in a capitalist society, where economic transactions are central to human interactions and societal organization. The term was first coined by philosopher and sociologist Karl Marx in his work "Capital."
In the cash nexus, individuals' social connections are predominantly defined by monetary exchange. It reflects the idea that in a capitalist system, people's relationships are largely mediated through the buying and selling of goods and services, rather than through social or familial ties. This means that the primary mode of interaction between individuals is through monetary transactions, where goods and services are exchanged for money.
The cash nexus highlights the power that money holds in shaping social relations. It implies that in a capitalist society, people's actions and motivations are often influenced by financial considerations rather than societal or communal values. It is a lens through which the individual is seen as primarily driven by economic self-interest, seeking to maximize their financial gains in their interactions with others.
The cash nexus is seen by some as a reflection of the alienating nature of capitalism, where personal connections and social relations become subordinate to the pursuit of economic success. It emphasizes the dominance of economic factors in shaping social structures and interactions and serves as a critique of the materialistic nature of capitalist societies.
Common Misspellings for CASH NEXUS
- xash nexus
- vash nexus
- fash nexus
- dash nexus
- czsh nexus
- cssh nexus
- cwsh nexus
- cqsh nexus
- caah nexus
- cazh nexus
- caxh nexus
- cadh nexus
- caeh nexus
- cawh nexus
- casg nexus
- casb nexus
- casn nexus
- casj nexus
- casu nexus
- casy nexus
Etymology of CASH NEXUS
The term "cash nexus" was coined by Karl Marx, a German philosopher, economist, and socialist revolutionary, in his work called "Capital: A Critique of Political Economy", published in 1867. The phrase is derived from the Latin word "nexus", meaning "connection" or "bond". Marx used the term to describe the relationship between individuals in a capitalist society, where their social connections and interactions are predominantly based on monetary transactions and economic exchanges. The "cash" element refers to the use of money as the primary medium of exchange, determining the nature of social relationships. The concept of the cash nexus highlights Marx's critique of capitalism and the impact of economic forces on social structures and human relationships.
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