I recommend reading/listening to the book “Debt: The First 5000 Years” by David Graeber. It is a great book and talks about much more than just the myth of barter. The tl;dr is barter only happens between “strangers that you cant/wont enter into trade relationship with” or enemies. There is much more nuance in the book and many examples of indigenous peoples and their practices around debt (obviously) and barter.
I need to get this book, reading this Wikipedia page just made me feel like all the weird feelings I got in economics and anthropology class were justified. The everyday communism is so real, and I wish more people were aware of it.
Half of most economics classes are propaganda. We need a corporate veil to encourage investment. We need our wages to shrink every year to encourage investment.
I recommend reading/listening to the book “Debt: The First 5000 Years” by David Graeber. It is a great book and talks about much more than just the myth of barter. The tl;dr is barter only happens between “strangers that you cant/wont enter into trade relationship with” or enemies. There is much more nuance in the book and many examples of indigenous peoples and their practices around debt (obviously) and barter.
I need to get this book, reading this Wikipedia page just made me feel like all the weird feelings I got in economics and anthropology class were justified. The everyday communism is so real, and I wish more people were aware of it.
Half of most economics classes are propaganda. We need a corporate veil to encourage investment. We need our wages to shrink every year to encourage investment.