Visitors Now:
Total Visits:
Total Stories:
Profile image
By Center for a Stateless Society
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

The Emergence Of Collectibles & Money In The Paleolithic

Monday, November 21, 2016 15:30
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Nick Szabo, a famous theorist of money and possible inventor of Bitcoin, returned this year with this post eviscerating the theory that the beads collected by early man were about conveying symbolic information. Instead Szabo argues compellingly that the critical component of the shell-bead technology that was so central to human existence for a hundred thousand years was its unforgeable costliness and thus constrained supply curve. Szabo’s post — and the rest of his work — is highly recommended.

In this far more persuasive picture than Graeber’s, money is arguably the technology that initially set humans apart from other animals and allowed us to scale up our social collaboration and calculation of altruism beyond our shitty memories. As such there is no primitive and fully communist man, distinctly innocent of money, to be returned to, rather humans have always been deeply enmeshed with markets and technology.

See this lengthy review of Graeber’s Debt for more analysis into why his account of the emergence of money is incomplete and problematic.

The Center for a Stateless Society (www.c4ss.org) is a media center working to build awareness of the market anarchist alternative

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.