this post was submitted on 08 Feb 2024
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[–] rockSlayer 19 points 1 year ago (32 children)

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.

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