4 ms·
The realization that there is (a) a double coincidence of wants and (b) this can be solved with some sort of currency are absolutely questions already answered
by claudiawerner 7y ago
The realization that there is (a) a double coincidence of wants and (b) this can be solved with some sort of currency are absolutely questions already answered if not intuitively than explicitly by money in modern society, as are related concepts like debt and interest. When someone talks about the double coincidence of wants being a myth, they are not referring to the obvious fact that this is a problem money solves, but that this reason, alone or primarilty, is the reason money, as a world-historical concept, came to be in all societies.
- thulecitizen 7y agoAll I read is: “blah blah blah, i think it’s obvious and intuitive so it must be the truth. Period!” In my experience; just because something is in use today does not mean that it can’t be critiqued, and evolve.