this post was submitted on 13 Sep 2024
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No Stupid Questions

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I get the history as to why we got to our current economic situations, but no one is arguing for a system that casts off current economic issues that are pushing humanity towards destruction. I'm not saying this can happen over night or even within our current life time, but it's obvious that capitalism and even socialism has reached the end of their usefulness.

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[–] crashfrog@lemm.ee 1 points 1 month ago (1 children)

No ethnographic studies have shown that any present or past society has used barter without any other medium of exchange or measurement, and anthropologists have found no evidence that money emerged from barter.

https://en.wikipedia.org/wiki/Barter

What would be an example of the barter economy you’re certain exists? How do they overcome the need for double coincidence?

[–] JayleneSlide@lemmy.world 1 points 1 month ago

I misspoke, and you raise a good point. I meant gift economies, and that error is on me. And those are pretty well-documented. I'll stick to my firsthand experiences:

  • Waianae, Oahu in Hawaii. The weekly take-what-you-need-bring-what-you-can food exchanges there are a huge stopgap for food insecurity and also spur community bonding
  • Burning Man - TTITD, regionals, and much of the hippie festival circuit have a robust gifting culture