The Invention of Money

Aug 2019
315
35
USA
Money predates any systematic social barter system. I use 'money' in the most loose sense.
Communities are believed to be the result of agricultural efforts.
With agriculture came an immediate need for a store of wealth.
Barter satisfies immediate needs, often. It is often useless for providing a store of wealth.


This is prehistoric context, convincing evidence for any reality is thin. Those who would say barter systems predate "money", in the most loose sense, have not evidence, but reasoning.

I find the argument that social man, living in communities, bartered for their daily needs, to be weaker than the argument that clay tablets held a store of wealth from the start of agricultural societies. Archeological evidence supports this theory, even though not convincing in itself.

Bartering is a limited, temporary, specific use system of wealth distribution, that fails to provide the needs of communities. It does not provide key functions of 'money', most notably, a store of wealth.

I would argue that a society can not function without a system of wealth storage that is greater (better) than any proposed barter system. Tallies on a clay tablet is a superb store of wealth system, compared to barter.

Clay tablets were a wonderful means of storing wealth long before recognition of precious metals.
Fiat predates gold as a means to store wealth.
 
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Sep 2019
1,247
538
Texas
Money predates any systematic social barter system. I use 'money' in the most loose sense.
Communities are believed to be the result of agricultural efforts.
With agriculture came an immediate need for a store of wealth.
Barter satisfies immediate needs, often. It is often useless for providing a store of wealth.


This is prehistoric context, convincing evidence for any reality is thin. Those who would say barter systems predate "money", in the most loose sense, have not evidence, but reasoning.

I find the argument that social man, living in communities, bartered for their daily needs, to be weaker than the argument that clay tablets held a store of wealth from the start of agricultural societies. Archeological evidence supports this theory, even though not convincing in itself.

Bartering is a limited, temporary, specific use system of wealth distribution, that fails to provide the needs of communities. It does not provide key functions of 'money', most notably, a store of wealth.

I would argue that a society can not function without a system of wealth storage that is greater (better) than any proposed barter system. Tallies on a clay tablet is a superb store of wealth system, compared to barter.

Clay tablets were a wonderful means of storing wealth long before recognition of precious metals.
Fiat predates gold as a means to store wealth.
Excellent reply- the *problem* (IMO) we have today is not the storing of wealth, it's who decides what wealth is and it's value- those in the business of trading goods and services have very little input- those in the business of *creating* money out of thin air have the most input- that creates a discepancy based on *imposed* on the actual providers/producers of the wealth requiring storage- to be charged a user fee is fine, IMO, as long as that's how it's *sold*- when its lied about and called taxes and the tax (user fee) collector has the power and might of the US gov't then it becomes problematic-
 
Jan 2020
177
65
Congo Free State, Africa
Money predates any systematic social barter system. I use 'money' in the most loose sense.
Communities are believed to be the result of agricultural efforts.
With agriculture came an immediate need for a store of wealth.
Barter satisfies immediate needs, often. It is often useless for providing a store of wealth.


This is prehistoric context, convincing evidence for any reality is thin. Those who would say barter systems predate "money", in the most loose sense, have not evidence, but reasoning.

I find the argument that social man, living in communities, bartered for their daily needs, to be weaker than the argument that clay tablets held a store of wealth from the start of agricultural societies. Archeological evidence supports this theory, even though not convincing in itself.

Bartering is a limited, temporary, specific use system of wealth distribution, that fails to provide the needs of communities. It does not provide key functions of 'money', most notably, a store of wealth.

I would argue that a society can not function without a system of wealth storage that is greater (better) than any proposed barter system. Tallies on a clay tablet is a superb store of wealth system, compared to barter.

Clay tablets were a wonderful means of storing wealth long before recognition of precious metals.
Fiat predates gold as a means to store wealth.
"I would argue that a society can not function without a system of wealth storage that is greater (better) than any proposed barter system."
That's indicative of a society based on competition rather than cooperation, right?
 
Aug 2019
1,162
1,211
Albuquerque, NM
The Invention of Money

I didn't want to hi jack the other thread about money- but, this is pretty interesting and informative
REad a book called Sapiens that talked about history of humans, the part on money interesting. People used to pay with giant bags of barley as their currency.

Interesting the author made a point that life was probably better hunter gatherer days, people didn't have to work as much, they were very attuned to nature and had skills that modern humans have lost, etc. People weren't starving. Ironically, with excess food comes starvation of people. Thanks, of course, to human greed
 
Aug 2019
315
35
USA
"I would argue that a society can not function without a system of wealth storage that is greater (better) than any proposed barter system."
That's indicative of a society based on competition rather than cooperation, right?
I certainly do not understand how you can take that meaning from my words.
No.
 
Aug 2019
315
35
USA
REad a book called Sapiens that talked about history of humans, the part on money interesting. People used to pay with giant bags of barley as their currency.

Interesting the author made a point that life was probably better hunter gatherer days, people didn't have to work as much, they were very attuned to nature and had skills that modern humans have lost, etc. People weren't starving. Ironically, with excess food comes starvation of people. Thanks, of course, to human greed
That was hemp, not barley.
Ganja.
Ganja will get you through times of no currency, better than currency will get you through times of no ganja.
 
Jan 2020
177
65
Congo Free State, Africa
I certainly do not understand how you can take that meaning from my words.
No.
Wealth. What a savvy competitor in a society accumulates. Cooperation rather than competition means just that. Surpluses are doled out to those in need like after a crop failure or disaster. Instead of "fuck 'em" you help 'em. Your system can't do the barter thing large scale, ours can and does.
 
Aug 2019
315
35
USA
Wealth. What a savvy competitor in a society accumulates. Cooperation rather than competition means just that. Surpluses are doled out to those in need like after a crop failure or disaster. Instead of "fuck 'em" you help 'em. Your system can't do the barter thing large scale, ours can and does.
Wealth.
A storage of surplus from production, that allows transfer to other individuals, so that needs can be provided, that are beyond the production capabilities of an individual.

As to your referenced "your system" , I have not the foggiest.
Likewise for "ours".
 
Jan 2020
177
65
Congo Free State, Africa
Wealth.
A storage of surplus from production, that allows transfer to other individuals, so that needs can be provided, that are beyond the production capabilities of an individual.

As to your referenced "your system" , I have not the foggiest.
Likewise for "ours".
Needs can be provided? Sure. How many people starve to death every year in YOUR system? In OUR little commune (for lack of a better word) we have no money, no competition and no Earth shaking problems. Plenty of free time to prosper. I hope that helps.