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> In more community-oriented societies, personal earnings are less important than a strong network of friends and family who can fulfill every need. and as thi
by chii 4y ago
> In more community-oriented societies, personal earnings are less important than a strong network of friends and family who can fulfill every need.
and as this community grew, accounting for such "favours" between friends/family become more important, and thus, the need for unit of accounts - aka money. You'd end up replicating the current system when given long enough time and a large enough community.
- lilactown 4y agoThe First 5000 Years of Debt has a lot to say about this. It’s not fact that every large group of people invents money
- tobyjsullivan 4y agoI'm following up a bit late but I wasn't referring to communism or nation-sized communities. I was referring to societies that tend to value community (ranging from brazil to china - look for countries where it's normal for aging parents to live with their children). These societies tend to keep those communities smaller - immediate family plus some closer relatives and family friends. Then there are broader networks with shallower ties where business is favoured but money will usually change hands.