“It is customary in our circles to offer a simplistic solution to the problem by saying that money must be abolished. And this would be the solution if it were a question of an anarchist society, or of a hypothetical revolution to take place in the next hundred years, always assuming that the masses could become anarchist and communist before the conditions under which we live had been radically changed by a revolution.

But today the problem is complicated in quite a different way.

Money is a powerful means of exploitation and oppression; but it is also the only means (apart from the most tyrannical dictatorship or the most idyllic accord) so far devised by human intelligence to regulate production and distribution automatically.”