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Then you would have a bartering system like we had 100's of years ago. Here's my 6x beaver pelts for your knife. Do I need to explain to you how inefficient tha
by mbesto 5y ago
Then you would have a bartering system like we had 100's of years ago. Here's my 6x beaver pelts for your knife. Do I need to explain to you how inefficient that is?
- steviesteveo1 5y agoObligatory plug for https://en.m.wikipedia.org/wiki/Debt:_The_First_5000_Years https://en.m.wikipedia.org/wiki/Debt:_The_First_5000_Years There's no evidence to support Adam Smith's barter economies. It's obviously inefficient so the question is really why you'd think people would do it
- cat_adorer 5y agoNo, that's potluck (https://en.wikipedia.org/wiki/Potluck https://en.wikipedia.org/wiki/Potluck), and, given its diversity across cultures and continued presence, it can't be very inefficient.
- mbesto 5y agoPotluck...are you serious? There's nothing efficient or inefficient about the concept of potluck. It's a cultural celebration, not a "I need this to provide sustenance to my being".
- cowbellemoo 5y agoWhat if it wasn't transactional and people were just given what they needed?