measure (in Homer, e.g. oxen) earlier than as medium of exchange,because in barter each commodity is still its own medium of exchange. But it cannot be its own or its own standard of comparison." - Meaning and context.">
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Notebook I, The Chapter on Money, p. 93.
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Money appears as measure (in Homer, e.g. oxen) earlier than as medium of exchange,because in barter each commodity is still its own medium of exchange. But it cannot be its own or its own standard of comparison.

— Karl Marx

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "Money appears as measure (in Homer, e.g. oxen) earlier than as medium of exchange,because in barter each commodity is still its own medium of exchange. But it cannot be its own or its own standard of comparison." in the context of "Notebook I, The Chapter on Money, p. 93." to mean that wisdom is timeless.

Source: Wikiquote: "Karl Marx" (Quotes: Sorted chronologically, Grundrisse (1857-1858): Grundrisse der Kritik der politischen Γ–konomie/Rohentwurf [A Contribution to the Critique of Political Economy] (1857/58) ) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app

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Karl Marx

About Karl Marx

Karl Heinrich Marx (5 May 1818 – 14 March 1883) was a German political philosopher, economist, historian, sociologist, journalist and revolutionary socialist. Marx's work in economics laid the basis for labor theory of value, and has influenced much of subsequent economic thought. He published many works during his lifetime, including The Communist Manifesto (1848) and the first volume of Das Kapital (1867), the two later volumes being completed by his collaborator Friedrich Engels.