I’m not saying that capital, as a universal equivalent or barter substitute, is inherently a bad solution to the problem of trade. What I am saying is that capital is not inherently essential. It’s an imagined system, useful yes, but replaceable in countless ways.
Think about it: Sure, I wouldn’t want more washers than I have use for, but I don’t inherently want money either. What I want are the things money represents. If money disappeared tomorrow and some other proxy system took its place, I’d want that instead.
And when it comes to creation, say building a phone for example, money contributes nothing to the actual process. You need materials, knowledge, labor, and coordination. The only truly non-essential element is money. It’s as you said, simply a replacement for bartering.
If you disagree with my actual point, I’d love to hear the argument. But I can’t keep arguing with your point that we “need the Matrix in order to live in the Matrix”, or “money in order to live in capitalism”.
If that ‘proxy system’ was a measure of value you could easily exchange for goods and services, it would also be money. People invent money in every society because it just makes sense. Even in societies where they try to abolish money, money is instantly re-invented using some other measure because it is so damn useful for trade.
Sure, but like I alread said, money isn’t inherently bad. It has served as a practical answer to the inefficiencies of pure barter. It streamlined exchange, reduced friction, and in many cases distributed power more evenly than a sprawling barter web ever could. In that sense, money was a clever and fair solution for its time.
But whether or not money has created new problems, whether it’s outlived its usefulness, or whether a better system would come from reform or replacement, all of that is a separate debate. The central point remains: money is not essential to creation.
Building a phone requires knowledge, resources, labor, and coordination. Remove any of those and the phone can’t exist. Remove money, and the process still goes on, it may look different in how people access or exchange those inputs, but the act of creation itself doesn’t depend on capital. That’s the key distinction: the difference between a finished phone and someone tinkering with sticks isn’t money, it’s the tangible elements of production.
I’m not saying that capital, as a universal equivalent or barter substitute, is inherently a bad solution to the problem of trade. What I am saying is that capital is not inherently essential. It’s an imagined system, useful yes, but replaceable in countless ways.
Think about it: Sure, I wouldn’t want more washers than I have use for, but I don’t inherently want money either. What I want are the things money represents. If money disappeared tomorrow and some other proxy system took its place, I’d want that instead.
And when it comes to creation, say building a phone for example, money contributes nothing to the actual process. You need materials, knowledge, labor, and coordination. The only truly non-essential element is money. It’s as you said, simply a replacement for bartering.
If you disagree with my actual point, I’d love to hear the argument. But I can’t keep arguing with your point that we “need the Matrix in order to live in the Matrix”, or “money in order to live in capitalism”.
If that ‘proxy system’ was a measure of value you could easily exchange for goods and services, it would also be money. People invent money in every society because it just makes sense. Even in societies where they try to abolish money, money is instantly re-invented using some other measure because it is so damn useful for trade.
Sure, but like I alread said, money isn’t inherently bad. It has served as a practical answer to the inefficiencies of pure barter. It streamlined exchange, reduced friction, and in many cases distributed power more evenly than a sprawling barter web ever could. In that sense, money was a clever and fair solution for its time.
But whether or not money has created new problems, whether it’s outlived its usefulness, or whether a better system would come from reform or replacement, all of that is a separate debate. The central point remains: money is not essential to creation.
Building a phone requires knowledge, resources, labor, and coordination. Remove any of those and the phone can’t exist. Remove money, and the process still goes on, it may look different in how people access or exchange those inputs, but the act of creation itself doesn’t depend on capital. That’s the key distinction: the difference between a finished phone and someone tinkering with sticks isn’t money, it’s the tangible elements of production.