Summary:
THE BIGGEST LIE EVER TOLD TO US
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THE BIGGEST LIE EVER TOLD TO US
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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THE BIGGEST LIE EVER TOLD TO US |
The idea of barter is needed to get rid of the state, which is a classical liberal idea.
With barter you can explain, how to have a society without having a society.
With barter you do not need to have relationts between the members of a society and so you do not need a society at all.
Barter then is needed, to explain money as a mean of exchange.
When you instead understand, that money is just about the debt in a society, you have a network of relations.
And this destroys the liberal dream of getting rid of the state again, since you need somebody to make sure, that debt is being paid back.