Heterodox
The Individual Anyone can create their own credit notes – it’s getting them accepted that is the problem. As individuals we can only back credit issued with our own personal capabilities to create. So a note from an artisan baker who lives nearby is probably a good bet. But in late stage capitalism most of our personal contributions to value-added are selected/ combined/ subsumed into the capitalist value-creation function. In fact this selection and combination is the core rationale for...
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