Money: The Great Corrupter - David Harvey Interviewed by Laura Flanders for GRITtv February 3, 2015 Full transcript
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“Now with the vacation-credit labor system, secular communal society has what Catholic monasticism has had with Benedict’s Rule, a means of organizing a communal, labor-sharing economy without the use of money, and in the case of egalitarian community, with a participatory as opposed to an authoritarian form of governance. Kat Kinkade’s labor system innovation may prove as important as Benedict’s Rule if Western civilization goes through another dark age as did Western Europe after the fall of the Western Roman Empire, this time perhaps due to climate change, resource depletion, economic depression, or a perfect storm of these and more disasters.”
At the end of Chapter 1: Commodities we had “A:Notes on the History of the Theory of Value”. At the end of Chapter 2 part 1: The Measure of Value we had “B:Theories of the Unit of Measure of Money”. Now at the end of Chapter 2, after we’ve discussed the medium of circulation and money as money we get “C: Theories of the Medium of Circulation and Money.” It’s perhaps the densest part of the book but also the most useful for understanding contemporary debates on the role of Marx’s theory of money in our contemporary inconvertible system of money. Here we go….
Curated by jean lievens
Economist, specialized in political economy and peer-to-peer dynamics; core member of the P2P Foundation
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