On social currencies and human economies: some notes on the violence of equivalence – David Graeber
updated 2mo ago
On social currencies and human economies: some notes on the violence of equivalence – David Graeber
what I call “human economies”—that is, those where money acts primarily as a social currency, to create, maintain, or sever relations between people rather than to purchase things.
from Debt: The First 5,000 Years,Updated and Expanded by David Graeber
- To summarize this view, the foundation of the human economy is built on bartering and swapping for mutual benefit: it makes us human, and let us specialize. Money and coinage evolved as an abstract representation of scarcity, in order to facilitate that bargaining. And then credit and banking evolved on top of that.
from Debt: the First 5000 Years by Alex Danco
sari added
- However, if we truly aim at discussing the economy at a level where we can start to grasp it in its broadest sense we need to add the “invisible” economy, or what is more often called the non-monetary economy. This is a system of economies typically embedded in a monetary economy yet it undertakes tasks that benefit society by means that the moneta... See more
from economicspaces by Jenny Grettve
dane cads and added