[Klinky]

Most countries run on fiat to exchange wealth. Fiat already takes a huge leap of faith in the state issuing it. To think that the current economy is anything like barter is bogus. There is too much blind trust that the current economy is more fair than not, which leads to "fiat wealth" = "human worth" thinking, while money leaks like a sieve to entrenched interests.

[tharne]

If you're saying that there isn't a "pure capitalist" system in existence today, that's true. I think we mostly agree in our points, even if we're coming at it a bit differently. Crony capitalism, as practiced in most developed countries today, shares a lot of the same bad outcomes seen in socialist systems. Namely, you have a large state with a monopoly on violence, using its considerable power to pick winners and losers, often in a way that is not based on the value created by groups or individuals, but rather the political power and influence of those groups or individuals.

The answer to this is not to double down and give the state even more power to pick winners and losers, thinking that "this time will be different" or "we just need to get the smartest most moral people into power".

[Klinky]

Barter is "natural", but so is tribalism/centralized governance, and monopolistic practices. Yes, it does have to be "we'll do it better/smarter this time" for both governance and the market-based economy(not "free market"). Thinking that dismantling it all and allowing "free" organic growth won't lead right back entrenched interests and gatekeepers within the government and market is naive.