3 ms·

> We can theorise working societies without money. Really? At scales larger than a few hundred people?

• rurp 4y ago
  Sure, there have probably been thousands of such societies throughout history. Bartering was common for many hunter gatherer communities. Having a standard currency isn't very practical if you have many groups across a large geographical area that meet sporadically. Directly trading goods would work just fine in those cases.
  • vaidhy 4y ago
    How did they agree on what the exchange rate should be? From my understanding, the answer was almost always plunder among the primitive societies or a tyrant/king enforcing a monetary system. There was really no bartering amongst equals across communities.