Re: [ox-en] Apple trees (aka capitalism) are bad. What about barter exchange?
- From: Diego Saravia <diego.saravia gmail.com>
- Date: Fri, 24 Apr 2009 13:47:04 -0300
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The biggest problem with money is that it basically introduces artificial
scarcity of one
particular good - the money itself.
mmm, to barter you need the good other want
with money you can buy even if you have nothing
All the other problems are a logical
consequence from
the mentioned problem - interest, fiat money, credit.
credit, is a very useful institution, not related directly with money, but
facilitated by it.
interest only reflect the fact that economy is a growing process and if you
acumulate money you cant grow with it, so you must pay to have useless
money.
Barter exchange does
not have this
problem because it does not introduce any scarcity that have not existed
before.
money removes the natural scarcity of a barter system.
money have problems, for example if there are a rich people and a lot of
poor people (as happens)
the rich one could buy all the apples, and the poor people do not have a way
even to taste one of it
if you gives one apple per person you will have a fair system. But the
origin of the problem is a capitalistic problem, not a specific money
problem. The problem is that exists a very rich people. Barter do not solve
this kind of problem.
General idea is that lots of people
declare what
they have for sale and what they seek to buy and the computerized system
offers them
appropriate circular barter transaction.
how do you establish relative exchange rates?
--
Diego Saravia
Diego.Saravia gmail.com
NO FUNCIONA->dsa unsa.edu.ar
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