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> But markets are downstream from hierarchy. Nope, the bazaar does not need the cathedral. Example: "Silent Trade" Group A would leave trade goods in a promin
by adolph 3y ago
> But markets are downstream from hierarchy.
Nope, the bazaar does not need the cathedral. Example: "Silent Trade"
Group A would leave trade goods in a prominent position and signal, by gong, fire, or drum for example, that they had left goods. Group B would then arrive at the spot, examine the goods and deposit their trade goods or money that they wanted to exchange and withdraw. Group A would then return and either accept the trade by taking the goods from Group B or withdraw again leaving Group B to add to or change out items to create an equal value. The trade ends when Group A accepts Group B's offer and removes the offered goods leaving Group B to remove the original goods.
0. https://en.wikipedia.org/wiki/Silent_trade https://en.wikipedia.org/wiki/Silent_trade