In a world without money, we all would be rich

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[–]jet199Instigatrix 6 insightful - 4 fun6 insightful - 3 fun7 insightful - 4 fun -  (8 children)

Nope, you just wouldn't have a way of measuring how poor you are.

[–]dingoatemytaco 4 insightful - 2 fun4 insightful - 1 fun5 insightful - 2 fun -  (7 children)

I think stencil person has a good point. For most of history around the world, goods, services, land, people, &c were bartered, and in many cases on loan until payment was possible. The initial need for money was to distribute spoils more evenly among soldiers and among those who had no goods or services to barter at that moment. Thus for most of the world's history there was the potential to be equally as rich or poor as the next person offering goods or services.

[–][deleted] 6 insightful - 2 fun6 insightful - 1 fun7 insightful - 2 fun -  (6 children)

Idea of money is good, having it be fiat and controlled by Rothschilds is not.

[–]Tom_BombadilBombadildo 6 insightful - 3 fun6 insightful - 2 fun7 insightful - 3 fun -  (4 children)

Money is used to quantify debt, so it can be extracted by the powerful.

Debt is the glue of a health community.

Children owe their parents, and parents owe their children.

Unrelated people care for the orphaned young of the deceased, because they may have had a debt relationship to the parents. The community remembers the debts owed between others, and is one basis for reciprocity.

These debts are independent of monetization.

Debts are owed and replayed, but never fully eliminated unless you want to break all bonds with another.

I'm some cultures, paying off a debt in full is a strong insult. It means I no longer need you, or want to associate.

Debt is as old as community.
It's absolutely necessary for a healthy society.

Money sterilizes the healthy social aspects of debt.

Money was created for wars.
It's antisocial in the most fundamental sense.

[–]dingoatemytaco 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (1 child)

Well-said - concise

[–]Tom_BombadilBombadildo 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

Gracias!

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

lot of buzzwords and meaningless

long winded and not concise, just go with what I said.

[–]dingoatemytaco 5 insightful - 5 fun5 insightful - 4 fun6 insightful - 5 fun -  (0 children)

I don't see buzzwords. Also - not quite fair to diss Tom's notes as meaningless.

[–]dingoatemytaco 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (0 children)

Yes - and sadly money is essentially a debt-linked asset these days, unless one trades in commodities, somewhat like Tom notes.