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08243_Field_TCGG T8.txt
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1996-04-10
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has been received and is handed on.
The omission of historians to study the revolution in the
forms of thought and social organization resulting from the
phonetic alphabet has a parallel in socio-economic history. As
early as 1864­67 Karl Rodbertus elaborated his theory of
“Economic Life in Classical Antiquity.” In Trade and Market in
the Early Empires (p. 5), Harry Pearson describes his innovation
as follows:
This remarkably modern view of the social function
of money has not been sufficiently appreciated.
Rodbertus realized that the transition from a “natural
economy” to a “money economy” was not simply a
technical matter, which resulted from a substitution of
money purchase for barter. He insisted instead that a