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0 pointsdagss3mo ago0 comments

Unless you do substinence farming, you would not last a month without "shared delusions" in place to make sure farmers supply you with food, getting nothing in return except a promise that they can go somewhere to pick up something someone else than you made in the future.

Money isn't "only bits" it is also an encoding of social contracts

You use the word delusion like it also includes a) things everyone fully agree only exists in people's mind as intersubjective reality (no deceit going on really) and b) things you depend on for your survival.

You talk like getting rid of "delusions", as you call them, is a goal in itself. Why? It is part of human technology. (Just like math, which also only exist in people's minds.) Humans have had contracts since we were hunter gatherers in groups...

I would recommend Yuval Harari's "Sapiens" for you, you would probably like it. It talks about the history of "shared delusions" as you call them, as a critical piece for development of society.

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komali23mo ago

> would recommend Yuval Harari's "Sapiens" for you, you would probably like it. It talks about the history of "shared delusions" as you call them, as a critical piece for development of society.

Already read it. Counter: read "Debt, the first 5000 years" by Graeber for, finally, a non- "Chicago school of economics" take on the history of trade amongst humans.

dagssOP3mo ago

Thanks for the tip.

Just to be clear, I agree the money abstraction is not working particularly well. And that in the age of computers something that is more directly linked to the underlying economy could have worked better. But what needs to replace it is a better and improved "delusion", not a lack of it.

komali23mo ago

But, why? Regarding your farmer example, there are examples throughout history of farming that fed many without the involvement of currency or the paying off of debt. Take a look into syndicalized Spain if you ever get a chance (~1936-1939). Farms were collectivized and worked on by volunteers, distributions done by need with some bookkeeping to track how many people were in certain regions. Worked pretty well until the communists decided it needed to be centrally controlled and kicked out the anarchists!

Everyone always starts every future speculation assuming capitalism, or at least, currency. Isn't it worth challenging these core baseline assumptions? At the very least, the other ground is well covered, so we might come up with a little more interesting.

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0 pointsdagss3mo ago0 comments

Money isn't "only bits" it is also an encoding of social contracts

I would recommend Yuval Harari's "Sapiens" for you, you would probably like it. It talks about the history of "shared delusions" as you call them, as a critical piece for development of society.

0 comments

komali23mo ago

> would recommend Yuval Harari's "Sapiens" for you, you would probably like it. It talks about the history of "shared delusions" as you call them, as a critical piece for development of society.

Already read it. Counter: read "Debt, the first 5000 years" by Graeber for, finally, a non- "Chicago school of economics" take on the history of trade amongst humans.

dagssOP3mo ago

Thanks for the tip.

komali23mo ago

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