this post was submitted on 08 Feb 2024
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The barter economy is a myth, based on absolutely nothing other than a guy just deciding he was right with no evidence. Indigenous peoples had all sorts of complex, non market, moneyless economies. One of them is known as a gift economy, where there is competition between communities and individuals to give gifts larger than the gift they received before. A modern moneyless economic concept is a library economy: think of libraries, but for everything non-consumable.
I wouldn't like the library system because it requires you to treat things a certain way.
If we think of it from the perspective of a book (since we're talking about libraries here), if I borrow a book from a library, I have to treat it well and return it in a condition that somebody else can read it.
If I own a book, I can do whatever I want with it, I can burn it as firewood, I can cut out the words that I don't like from all of the pages, or I can just scribble all over it with a permanent marker, it's my book after all.
That’s cause you’re selfish.
Well I'm sure he's the only one. This system sounds great.