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RE: Money – or the lack thereof
Oh, this barter system could work: when things and services are no longer ascribed a fixed value, but the individually perceived value... A television set is worth nothing to me, nothing at all. I haven't owned one for over 20 years. For other people, it's important and valuable that it's as big and new and high-definition as possible. So how can such an item have the same value for me and these others...?
Yes, it’s true that what’s valuable to one person can be meaningless to another and a barter system could make those differences more apparent. But I guess it also make exchanges more complicated because we know this system works if, say, A wants what B has and B wants what A has. I bet it would be very difficult especially nowadays as people have diverse needs and values.
It’s a fascinating concept, don’t you think? A barter system would remind us what’s truly important to us individually.
0.00 SBD,
0.00 STEEM,
0.30 SP
I'm sure about! It would end many nonsensical concepts: e.g. fashion - why do we need designers or fashion publishers to tell us what to wear next season? And why is this year's stuff no longer good? And so on...
I agree. It's an endless cycle of demanding compliance.
Luxury is dead. I heard those luxury brands is being mass-produced in the same way fast-fashion is. There's even a study that revealed almost 90% of luxury handbags depreciate in value within first year after purchase. But people still keep buying, all for the sake of showing off to their neighbors.