Finance in the System of Production Relations.

 To understand the true essence of finance and its role in the reproduction process, it is necessary to consider this economic category as a historical one, beyond ideological views, and to clearly define its place and specificity within the system of economic value categories that serve the reproduction process within a unified economic system.

 The term "finance" comes from the Latin word finis, meaning end, completion. In monetary relations between the population and the state, represented by a judge, prince, or king, this word signified the completion of a payment, the final settlement. However, as early as the 16th century in France, the term "finance" was used in a broader sense, denoting the totality of revenues and expenditures. Somewhat later, the term "public finance" emerged, defining the totality of state revenues and expenditures.

 The term "fiscus" (treasury) comes from the Latin word fiskus. This was originally the name for the payment basket into which money and material goods received by the state from the population as taxes were poured. Later, its meaning expanded to encompass the monetary and material assets at the disposal of the state.

 The historical nature of finance as an objective economic category primarily confirms the constancy of its essential characteristics, which change dramatically with changing socio-economic systems. Finance always has one goal: creating an effective system for the formation and use of funds and revenues that ensure the state fulfills its functions.

Flowering: https://gerbizor.blogspot.com/?m=0.