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> no government is required for a simple barter system Ah but we never started with barter. That's the myth the book goes into. The very earliest systems of mo
by djsumdog 9y ago
> no government is required for a simple barter system
Ah but we never started with barter. That's the myth the book goes into. The very earliest systems of money were all credit based. Money came about through war (you conquer an area, leave a garrison, force people who have never used coins to pay taxes, coins they only get from soldiers) and barter only appeared when a state failed.
Barter only exists in the void left by states. There is no evidence trading oxen for grain every existed. It's too small scale. Early pre-historical civilizations were more likely to be communistic where everyone helped everyone else (native american tibes were like this .. more like ant colonies).
Even when a barter market emerged, it semi-state like thing had to rise with it. It's a really good book; highly recommended.