Hacker News new | ask | show | jobs
by zozbot234 61 days ago
These social ties are real (they are a kind of wealth, or social capital, for the persons involved) but they're also limited to very small social groups, the equivalent of a modern small village neighborhood or HOA. The point of the market is that it scales well beyond those.
1 comments

Translating every aspect of human existence into some kind of “capital” is deeply unhealthy.