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TopicI don't want to participate in capitalism anymore
SKARDAVNELNATE
03/13/23 8:02:51 PM
#22:


josh posted...
ok i misunderstood what you were saying then because it sounded like you were just describing currency
I was making a distinction about what holds the capital. In the first example the capital is held in the things with value. What a cow is worth to one the person who wants to trade it is not what a cow is worth to someone who doesn't want a cow. In the second example capital is held in something that represents the value of all things that it can be traded for. This creates a consistent medium for trade. Capitalism was invented to solve problems like that.

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