Money Mirage
The more completely an economy becomes subject to money, the more difficult it becomes to include primary goods in economic calculations. The Salmon People are perfectly capable of participating in a gift economy, but there’s no way they can cash a check — or, for that matter, write one.
John Michael Greer • The Wealth of Nature: Economics as If Survival Mattered
Her indignation and denial mirror that of the beneficiaries of the money economy as a whole, which itself bears a structural similarity to her pyramid scheme. To see it, imagine that each $10,000 entrance fee were created as an interest-bearing debt (which in fact it is).
Charles Eisenstein • Sacred Economics: Money, Gift, and Society in the Age of Transition
ifferent versions of the same history give rise to different interpretations of human beings and how they transact with each other. The version of barter leads to one set of assumptions about rational, mechanistic and utility-seeking behavior, while the version of ancient obligations leads to another set of assumptions about complex, multifaceted... See more