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SeptemberFest Debate - Is the Love of Money the Root of All Evil?

Event Details

Time: September 18, 2012 from 7:30pm to 9pm
Location: World Life Club
Street: Longli Hutong
City/Town: The Chun - sunshine city - again!
Event Type: debate
Organized By: Fin MacDonald
Latest Activity: Sep 18, 2012

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Event Description

In the first epistle to Timothy in the New Testament, St. Paul wrote that the love of money is the "root of all evil". Does this statement have any truth to it? Judge for yourself as Garret, John, and Jack line up against Richard, Fin, and Ward in an attempt to put this this old saw to rest for good. Come, vote, and put in your own two-cents worth.

Here is the actual quote:

For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.

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Comment by Fin MacDonald on August 28, 2012 at 16:34: Richard, I'll take a swing at the three functions. 1. Money is a basic medium for simplifying the exchange of labor and goods. 2. Money is an abstraction, allowing materials to be quantified and compared. 3. Money functions to allocate and preserve status and power at individual, class, and national levels.

Comment by CCF Beijing on August 27, 2012 at 21:48: www.emp3world.com/mp3/44123/Pink%20Floyd/Money

Comment by Richard Roman on August 27, 2012 at 19:14: Money actually has three functions. Anyone care to name them?

Economists should not reply!

Comment by Fin MacDonald on August 27, 2012 at 18:57: This is the crux of the problem, Richard. I think we have to regard the statement as a metaphor. Otherwise, it doesn't really mean much. The question is--is it meant as a metaphor?

Comment by Richard Roman on August 27, 2012 at 18:01: My first question is:

What is money and what does it do?

Comment by Richard Roman on August 27, 2012 at 17:32: Why not wine, cheese and debating - all together!

Comment by Jack Field on August 27, 2012 at 15:19: I shall put in my own two cents, but reluctantly, as i do love my money. tihitihi. Maybe we should invite some special guests, as we dont want to bummal this up.

Comment by Fin MacDonald on August 27, 2012 at 6:32: I like the beer idea. We had wine at WLC before. I was quite tipsy by the end of the debate, anyway.

Comment by John Rutledge on August 26, 2012 at 23:06: Let's fun some fun and make it a "beer debate". Everytime a person makes a point, then they have to drink a shot of beer.