A favor is just a form of debt, and debt is money. It does not matter whether it’s written down on paper, or just remembered.
Comment on If AI takes most of our jobs, money as we know it will be over. What then?
DrunkenPirate@feddit.org 4 days agoSame as ever…was that money wasn’t needed.
Do you need money within your neighborhood or your family? Do you pay people for giving a favor?
deafboy@lemmy.world 3 days ago
DrunkenPirate@feddit.org 1 day ago
It does matter. How much worth is helping a friend? Or how much money for your neighbors for caring your pets while you‘re in holidays?
Don’t you think they will refuse to take money for this favor? Not everything in humankind can be paid for.
echodot@feddit.uk 1 day ago
Money is a way to get people to do things they wouldn’t otherwise do.
If you don’t have automation you either have to have money or slavery. One of the other is required to keep society going otherwise no one’s going to do the crappy jobs. Since someone has to do the crappy job you have to find a way to incentivise them and that’s money or whips. Don’t kid yourself into believing that money isn’t necessary, it is.
DrunkenPirate@feddit.org 1 day ago
I wonder how human societies survived without money, if this is so essential for the crap.
I wonder why people do crappy jobs for money? Is it because they need much money for things such as car, smartphone, playstation? For some food, you do not need much money. Actually you can grow it for yourself if you do not live in a big city.
Sure, if one got in this consumption trap, one needs a constant inflow of fresh money.
echodot@feddit.uk 12 hours ago
I think you’ve answered your own questions. Money doesn’t have to be actual cash it can be bartering, I.e. I’ll give you five carrots in exchange for your help to build this barn
But what if they don’t need carrots right now, well you can give them a IOU for carrots whenever they want, and now you’ve invented money
DrunkenPirate@feddit.org 8 hours ago
Sorry but this is a primary schools‘ view on money. I know this is how it been taught at school and this is entirely wrong.