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From Lydian Coinage to Social Supremacy: A Philosophical Reflection on Money, Value, and Human Civilization

Ibaguner, Sinan
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philosophy
The invention of coined money by the ancient Lydians during the seventh century BCE represents one of the decisive turning points in the history of civilization. While historians generally emphasize its economic importance, its philosophical consequences are equally profound. This essay argues that coinage transformed not only commerce but also the hierarchy of social values. Money gradually evolved from a practical instrument of exchange into a dominant organizing principle of society. Although never literally becoming an object of worship, it acquired, as if, a position of social supremacy by influencing power, prestige, law, politics, and even personal identity. The article examines this transformation through the perspectives of major philosophers from antiquity to the modern era.
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