Editing Georg Simmel (section)

===''The Philosophy of Money''===
{{main|The Philosophy of Money}}

In ''The Philosophy of Money'', Simmel views [[money]] as a component of life which helped us understand the totality of life. Simmel believed people created value by making objects, then separating themselves from that object and then trying to overcome that distance. He found that things which were too close were not considered valuable and things which were too far for people to get were also not considered valuable. Considered in determining value was the scarcity, time, sacrifice, and difficulties involved in getting the object.<ref name="ritzer" />

For Simmel, city life led to a division of labor and increased [[financialisation]]. As financial transactions increase, some emphasis shifts to what the individual can do, instead of who the individual is. Financial matters in addition to emotions are in play.<ref name=ritzer/>