Institution

Money

ancient (coinage c. 7th century BCE)–
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Searle's paradigm institutional fact: a piece of paper or a token 'counts as' money only by collective acceptance of a status function, not by any physical property. As an instituted imaginary, money is a shared fiction with binding force that organises exchange, value and credit. Its architecture — banks, mints, exchanges, treasuries — monumentalises trust and turns an abstract convention into solid, guarded built form.

Exchange Sign Power

Details

Origin
multiple (Lydia, China, Mesopotamia)
Register
Instituted

Classifications

Holder
Communal intergenerational
Source of authority
Reason
Subject
Human centred
Political position
Hegemonic
Degree of codification
Highly codified
Mode of transmission
Text drawing
Knowledge type
Propositional
Epistemic cluster
Western philosophical

Referenced by

Sources

  1. n.d..
  2. n.d..

Cite this entry

First published May 2026Last revised Jul 2026

CLAD. "Money." Atlas of Architectural Thought. CLAD, 2026. https://www.cl-ad.com.au/research/atlas/institution/money/. Accessed July 17, 2026.