NP unless "by indirection we find direction out" Anarchism
Mark Kohut
markekohut at yahoo.com
Thu Aug 9 17:58:51 CDT 2012
In the aforementioned DEBT by Graeber, he hits hard at what he calls a basic economics
"myth' (meaning untruth)....
The Barter Myth. Te reduce to oversimplicity, he argues that economists from Smith on,
argued without historical, anthropological evidence that First there was--musta been--barter
then came money....
Instead he argues with scholarly buttressing of his own and from others, that all the evidence
suggests that in extended kinship--family--and small village ways of survival, people 'exchanged' fer sure--
lots of good examples--but almost always more like an informal 'tab' was kept even just mentally
...you had extra early tomatoes,you gave some and later got, say,
a pumpkin.....'borrowing', getting in advance many non-food things--then debts
settled at harvest time...
One reason this distinction is so important is that economists soon equated bartering with immediate exchange
what economists call "spot trades'---because that is how money works or came to work....
Contrary to the Myth, he writes, barter has always been there with other ways of exchange--still there with insti
tutionalized money---and is more done as between strangers than village kin...............
When people know each other in their daily lives, there is a whole different cutural way of "owing', paying back, balancing what is
due between people.
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