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How The Barter Myth Harms Us

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r/FeudalCommunism moment
Comment from : @Konzon

✌🏻
Comment from : @eminatree42

Without the larger society you have no space age technology: maybe batteries and vacuum tube based electronics, no computers, no Internet How do you have an electrical grid or year round produce You don't Be careful what you wish for
Comment from : @Napalm6b

Hey, cool video and conversation and all, but why tf is the cow in the thumbnail so damn angry?
Comment from : @bariumselenided5152

"Debt: The First 5,000 Years" by anthropologist David Graeber is an amazing read for anybody who wants a more in-depth analysis on this subject
Comment from : @ezradanger

This is fascinating, thank you for taking the time to share
Comment from : @anyawillowfan

This is seriously brain dead rot disguised as of of were insightful Just wait until he learns about the tragedy of the commons in Sophmore year
Comment from : @acmhfmggru

Back in the day on a countryside, my great granddad knew a lot, so he helped people often For this gelp he had received various gifts, mostly alcohol He was happy, not my freat grandmom though
Comment from : @inai7282

Just discovered this channel it's so brilliant 🔥🔥🔥
Comment from : @Penuelism

This my first time watching one of your videos I now think I have successfully watched at least one full video from every Black member of the Signiverse™brThis was a good topic and I learned some shit brThanks
Comment from : @papi_sativa

Oh wow I’ve just discovered my new favorite channel
Comment from : @ProfessorDarkAcademia

Was it Aristotle(?) who said that markets are enemy of community: in markets seller want get as good price as possible, and buyer want pay as little as possible - both of them think only about themselves, and not what is good for us all
Comment from : @fallenswan1670

11:45 Interesting The Old Norse and related groups had a social practice of something often called a weregild or "man price" that dealt with payment to people who had been wronged That culture in particular seems to have been greatly affected by the idea of getting when someone has been wronged, but not worrying about being exactly even when trading goods And they liked to hold court and lay down laws to settle things just as often as they would seek vigilante recompense, so it makes me wonder if that explains why the myths and history make them seem to be an odd mixture of highly sophisticated and thuggish It might be that we have a lack of cultural context for their attitudes ans behaviors
Comment from : @treverstone7

10:30 Your mention of "sphere of exchange" is very interesting It makes me wonder if that's why the Old Norse have myths of their predecessors and deities being separated by their craft: Aesir being warriors, Vanir being farmers, Dvergar being craftsmen/smiths, Alfar being craftsmen/magicians, and Jotnar being laborers And perhaps part of why the gods constantly insult Jotnar and Dvergar is because they almost always request payment that mixes spheres of exchange For instance, if marriage was considered a separate sphere from building a wall or making a sword, I can see how it would be considered rude to request for Thor's daughter's hand in marriage as is the case in at least one instance Many similar tales describe the same sort of thing thoughbrbrMakes me wonder if the idea of currency might have been introduced by early on by non-Homo-sapiens-humans and was often largely rejected by Homo sapiens until relatively recently That would be wild if Neanderthals and Denisovans actually came up with the general concept of currency due to them being less communal than Homo sapiens
Comment from : @treverstone7

This helps to explain why trading chickens for a car won't workbrPlus, with the value of a perishable item, such as a chicken being dependent on many factors such as availability due to multiple factors, ie bird flu, etc, use of a standardized method of currency that can be held over time is preferred, provided that speculation is not rampant
Comment from : @ken481959

Source: David Graeber's Debt the Last 5000 years brbrThis book turned my worldview on its head when i first read it So go give it a read
Comment from : @aaronraycove9517

People shared for 99 of human history But capitalism doesn't like this history so they made barter the history
Comment from : @davidcanatella4279

The theory of pre-money economics you heard in grade school was oversimplified and flawed?!brbr😮
Comment from : @skadragon

Fantastic!
Comment from : @JohnHenrySheridan

ESG'nin izlediği YouTube kanalını buldum
Comment from : @WilibaldHardbottle

Really appreciate this!
Comment from : @pookawoods8442

Love that
Comment from : @emrekulac3207

Hey, good video herebrI'd love to read up some more rigorous material on this! brDo you have some recommendations/sources you can share?
Comment from : @transationalien

Even when money was in circulation, only a few people actually had access to it brAnd interestingly enough, the primary use of minted currency was often taxes!brMarket trade was a bsecondary/b benefit of currency!brEspecially considering that exchange rates between currencies weren't a thing, so barter even took place with "money" of different kings!!brEven as late as the Wild West in the Americas, people often paid taxes "in kind" (often with alcohol) simply because they didn't have the physical coinagebrForget about 'ancient' history!brThat's not even 200 ago!!!
Comment from : @transationalien

Awesome 10 minutes and I actually learned a lot
Comment from : @andreinlocombia

wow, what an interesting proposition that money evolved as a punitive device
Comment from : @Alexmw777

The market price bis/b negotiation of value
Comment from : @dwwolf4636

$@fracapolligummala3548$

Money IS barter We just trade something we agreed on is valuable to serve an intermediary transation medium Therefore money can only happen at the same time, or more realistic superseded trade
Comment from : @fracapolligummala3548

Funny how all these issues are solved with currency
Comment from : @86Corvus

Awesome video Thank you for spreading a different perspective on money and barter systems, this is really great info and I hope people watching think of their communities and how we can integrate into our lives :)
Comment from : @talou4261

so they didnt have a barter system, they just had a less enforced barter system 😂 what a waste of a video
Comment from : @manlopogo

Very nice! Thank you for the video
Comment from : @christopherclarke2208

The eye for an eye system was meant to limit the bloodshed of revenge killings and blood feuds, but got twisted into brutal extractions of “justice” when mercy might have tempered punishment
Comment from : @utubemouse

You should look up the good money podcast by New Polity Very insightfu
Comment from : @njtom105

Only white people believe the myth
Comment from : @Glikieria

The myth of capital is powerful but this video goes hard every time
Comment from : @maxegbdf54

I hate when people simplify the idea of what they need for life and say we just need to barter It doesn't work I'd be better off making everything I need with my 500 kids
Comment from : @sailingbrewer

Double coindicence of wants really came for my love life 😳
Comment from : @tryhardfailure7080

I never really realized that bartering was such a strict system The idea of the gifting economy is pretty much alive and well, without the word "gift" being used, in modern small communities My coat kept having the zipper catch, so my mom (hairstylist) asked if one of her clients would repair it We walked to her house, and she said it didn't need replacing, and to just run a bar of soap up and down it She didn't ask for anything, and my mom never gave her anything to help, but she just gave us the gift of her knowledge Potlaches, or as we call them potlucks, are also still super common here, and one of the best celebratory meals ever, in my opinion I guess I always thought of barter in a similar, 'you scratch my back, I'll scratch yours' type of way
Comment from : @janewaysmom

my favorite internet psyop <3
Comment from : @ΕντοιχιζόμενοςΦούρνοςΜελειτουρ

In fact in a lot cultures money was very often shell even used by cultures far from the sea for an easy understanding reason it's easy to copying shells
Comment from : @danyv8207

I had a hunch that barter systems were inherently unstable Good to know that they weren’t likely to be the actual basis for economies We see the accumulation of debt as detrimental to one’s personal growth, but every favor from people one knows as helpful for them In retrospect, Ed Edd n’ Eddy did a fantastic job explaining the absurdity of the barter system A yo-yo for a sack of plums for a giant teddy bear for a racket(originally an anchor) for clams for paint to paint a shed for a trash can of sawdust for… a single egg
Comment from : @vincent393

One thing that leads to local bartering systems is the concept of surplus Rather than specifically wanting something improbable, your wants and needs are influenced by supplybrbrYou may prefer mangoes, but if I raise eggs, and you're hungry, you may be willing to trade what you have for eggs As long as you have something of worth to me, you may establish a quid-pro-quo barter system These are more easily supported in extremely small, local systems, often of food producers and goods manufacturersbrbrAs these systems expand, they naturally pivot to money based on the most commonly available reasonably priced good of high demandbrFor example SALT
Comment from : @Tolinar

Bartering works for communities but not for societies
Comment from : @yapdog

Also how people with what are nowmtermed as having "soft skills" like child rearing entertainment, that promoted the happiness of the group could afford to live, now we dont value those skills as we dont have a manufacturing money valye for them, and everyone is miserable😅
Comment from : @victoriafielding2478

In some parts of the world money goes back a long way in stone age of Europe and Asia that was use of standardised ivory beige think they were 6 mm in diameter but do not quote me on that they were used as money thousands of years before silver there was also uses Soup stone beads in the stone age The soapstone beach came from China the ivory ones from Ukraine
Comment from : @Kevinmc-j7l

I did not expect hearing my own country's accent in a youtube video Thanks for the info
Comment from : @airaz1235

Thanks for this It really opened my eyes
Comment from : @BalmBeach

Charity is fine, but it's not a replacement for bartering Gift economies are bartering without saying it is bartering Giving away goods now and expecting payment later is a loan, aka bartering with borrowing You can say all you want that "they don't expect payment", but watch how the "gifts" seem to dry up for people who never reciprocate The adults have to do business to make charity possible
Comment from : @ethansito5321

Oh wow
Comment from : @Ratciclefan

Lol Every economist lands on barter because no economist can understand generosity or cooperation They went to school to study cash
Comment from : @nagash2731

As an american who is taxed half to death, bartering is the only way to avoid taxation By disregarding currency, we can avoid government overreach brMoney is the tool of governments use impose and regulate trade and taxation
Comment from : @CrustyShackleford

"Precious" materials, especially metals, are only really valuable to wealthy people, because they're aesthetic, not functional Money seems to be a system of exchange based on hierarchy and what people with the most power and control over resources value most And what they value most is signifiers of how removed they are from ordinary people brbrThat's why supply/demand is something of a myth It's not like iPhones or Hermès scarves are more expensive than other brands because they're scarce They're indicators of wealthbrbrIf society actually breaks down, no one will have enough control to flaunt useless aesthetics Despite all those ads, precious metals like gold will be all but useless Clean water on the other hand, that we should be protecting with our lives
Comment from : @kobaltkween

Awesome 😎
Comment from : @cadenceclearwater4340

Fascinating and makes a lot of sense! Capitalism is NOT natural to human nature
Comment from : @river8142

Do you hate the job market? Do you think it's unfair that your livelihood is almost fully decided by ypur charisma, connections, and networking?brbrbrMake EVERYTHING charisma, connections, and networking!
Comment from : @TrulyAtrocious

I think the notion of barter predating money is more abstract, like you may need to barter if you font know the guy or they're not nice or whatever but with a medium of exchange you accomplice the same thing I've never heard it argued barter was the actual foundation of Amy economy I don't think your debunking anything but still interested video
Comment from : @AbstractAproach

Does your patreon accept mangos?
Comment from : @AksilRebis

THIS My core belief about humanity is that what makes us such a successful species is community Humans did not evolve to be self sufficient We die when we are alone If we manage to survive for long enough alone, we go insane or already were to begin with It is our nature to rely on each other brbrCapitalism does not reflect this It forces us to take care of ourselves without help from others, depicting the need for help or failure to be self sufficient as a sign of weakness, when never in our evolutionary past have we adapted to living this way It goes against our nature, the very core of what makes us human For this reason, I consider it an antihuman system A poison to our kind brbrDespite this, I have had difficulty picturing a different economic system Capitalism is all I’ve known and, with how we teach children from a young age that it is the only possible working system, I have only just begun to question it in the past few years brbrThis video is a breath of fresh air These gift economies are so beautiful to me They perfectly reflect what it means to be human—our relationships with each other, our community
Comment from : @crunchybones3899

Great video, i would argue that while capitalism can certain birth evil and does all too often it isnt itself evil A system that asks generally that people labor for their food and subsistence is no different from a hunter gatherer society The cracks form when we, with our 21st century wealth worldwide fail to uphold those who truly can't work for themselves
Comment from : @draketerry3497

I just barter when I can because they can't tax it
Comment from : @Kukadin

I love the idea of a library economy
Comment from : @frozenheart7133

Super cool video
Comment from : @maxcasteel2141

good topic! thanks
Comment from : @hazyrays994

Thumbs up for the little skit, that was funny and puts things into perspective
Comment from : @L6FT

how does adding credit to the theorized barter system mean that its no longer a barter system? also all of the good things about the credit-gift system (gift-giving, social credit, valuing relationships over economics, etc) exist intact today - just look in the comments full of people describing these things and all of the bad things you attribute to money and capitalism (slavery, imperialism, and the need to work in order to sustain your life) existed prior to both- how do you explain your purported relationships there given that that is the case?
Comment from : @Ethan-nk8cf

How would the pre-money economy scale to modern populations and products, like, what would a software developer offer, and what incentives would their be to have a job that doesn’t yield a physical product you have sole ownership of For instance, how would you run YouTube if you didn’t pay the employees in money
Comment from : @cadenkulas8446

It's still an economy
Comment from : @SandraBonney

<3
Comment from : @handsoaphighlands

Great work Subscribed
Comment from : @rudy490

In a basic agrarian society barter is just fine, we have often traded meat and vegetables for other commodities Once you want to purchase manufactured goods or professional services it becomes very inefficient and virtually impossible for any economy of scale
Comment from : @robertshiell887

This is an awesome video
Comment from : @ericashmead4049

This is such a good video It clearly explains something that I didn't quite understand Thank you!
Comment from : @RichardBeaudette

Dude! Goat race? I'm in
Comment from : @shanefuder5318

Potlatch sounds a lot like potluck 🤔
Comment from : @wolfsinclairgaming

Nothing wrong with sharing as long as it is not forced sharing
Comment from : @Spacecat357

It does remind me of jojnwick alittle bit, the gold coins in the films does not have a set value and its More like a representation of commerce and relationship
Comment from : @de245733