The Barter Lie: How Capitalism Rewrote Economic History
The claim that money developed as a medium of exchange to overcome the limits of bartering has become an article of faith in neoclassical economics, but it’s dead wrong.
The claim that money developed as a medium of exchange to overcome the limits of bartering has become an article of faith in neoclassical economics, but it’s dead wrong.
We need to let go of the myths and begin with the state and its money.
We need an alternative meme, one that provides a frame that is consistent with a progressive social view and isn’t mired in the gold standard.