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by zozbot234
62 days ago
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AIUI David Graeber famously pointed out that people in small groups can form the equivalent of a "market" simply by exchanging favours ("I'll scratch your back if you scratch mine") in an informal gift economy, without any money-like token or external unit of account. That's quite in line with what I said. |
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I'd strongly suggest reading his books. They profoundly changed my understanding of how human institutions and society form.