this post was submitted on 08 Feb 2024
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[–] IrateAnteater@sh.itjust.works 12 points 9 months ago (6 children)

I don't think I'm getting the "money if fake" one. Money is just an IOU that we've all agreed on the value of to simplify bartering.

[–] AllonzeeLV@lemmy.world 21 points 9 months ago (38 children)

I never agreed to it, and the way it's dispersed only benefits the people that already have too much of it from exploiting other people's labor.

[–] corsicanguppy@lemmy.ca -1 points 9 months ago (1 children)

I never agreed to it, and the way it's dispersed

  1. You can disagree with giraffes too, to the same effect.

  2. You're going to hate something because of the way governments distribute the thing it represents? How is that not like hating all water because you had a flood? Hating air because it's too windy?

[–] AllonzeeLV@lemmy.world 2 points 9 months ago* (last edited 9 months ago)

You think social constructs are akin to animals and biological imperatives?

By that strange logic, humans, Manifest Destiny (aka the kill all the natives cause we're white and want their shit social construct of colonizing Americans), and thirst are all comparable concepts.

I hate to tell you, but almost every economy that has ever existed has at some point collapsed, just as ours will one day. We can always kill all the giraffes, and we're sure as shit the type, but I promise you, being thirsty will exist long after our currency and nation are nothing but a dull history lesson or forgotten all together.

The owners of this system would have you believe it's invulnerable, absolute, and forever, just like the Roman Emperors of old did.

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[–] synae@lemmy.sdf.org 21 points 9 months ago (1 children)

Sounds like you are exactly getting the "money is fake" one

[–] deweydecibel@lemmy.world 13 points 9 months ago* (last edited 9 months ago) (2 children)

Right but what point is it trying to make by pointing it out?

Yes, money is a social construct, but it's a construct that represents something real, i.e. trade. Without money we'd replace it with something else, but it ultimately comes down to the same thing.

Like, I can understand the perfect world without landlords or billionaires and so on, but what's this perfect world look like that has no currency?

[–] LibertyLizard@slrpnk.net 9 points 9 months ago* (last edited 9 months ago)

Typically societies without money historically operated in what’s called a gift economy. Basically most goods were shared amongst the community. However there are very few remaining today.

[–] dangblingus@lemmy.dbzer0.com 2 points 9 months ago (2 children)

Money is fiat currency. Literally a stand in for something with actual value. Money holds no intrinsic value. You can't eat it, you can't breathe it or use it in anyway except to trade for things that do have actual intrinsic value. The only thing money allows humans to do is go into debt. That debt has created a society with insane leaps and bounds in innovation, but the cost is that it's a ponzi scheme that will collapse spectacularly.

[–] poVoq@slrpnk.net 5 points 9 months ago* (last edited 9 months ago)

Only if you treat debt as something absolute that has to be repaid no matter what.

In reality in many cases debt is written off as impossible to claw back and sold off to unscrupulous debt enforcement companies at a fraction of the nominal value. Who in turn also rarely manage to get the money.

We as society could simply decide to forget certain types of debt and basically that is what states do via inflation and which historically many societies have done via debt jubilees.

The book "Debt the first 5000 years" gives good overview on this matter and fiat currencies in general.

[–] corsicanguppy@lemmy.ca -1 points 9 months ago

use it in anyway

You mean 'any way', right?

[–] j_roby@slrpnk.net 8 points 9 months ago* (last edited 9 months ago) (13 children)

I see what you're trying to say. But I gotta ask tho: did "we all" actually, really agree on that?

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[–] milicent_bystandr@lemm.ee 3 points 9 months ago

Careful with that thinking there, mister. Soon enough you'll be rederiving civilisation and suggesting things like power structures and statutory social order.

[–] unreasonabro@lemmy.world 1 points 9 months ago* (last edited 9 months ago)

the origin of the idea is that since you can no longer simply go exchange your money for its equivalence in actually valuable metals, you can't expect prices to be based on the value of their material components and labour any more. Money is no longer a promisory note for gold. Admittedly, that logic is a little iffy, and yet the threat has come true:

the more updated version of that is to simply go to any big store and look at the prices - say, $65 for a DVI to HDMI signal converter - and see that price has been divorced from the real value of products in favor of capitalist bullshit like artificial scarcity and the total enshittification of society, which i daresay has already been achieved.