http://lebleu.org/blog/2012/02/08/what-drives-demand-for-money/ Thoughts on the future of money Wed, 04 Sep 2013 05:52:33 +0000 hourly 1 https://wordpress.org/?v=4.1.42 http://lebleu.org/blog/2012/02/08/what-drives-demand-for-money/comment-page-1/#comment-1267 Wed, 04 Sep 2013 05:52:33 +0000 http://lebleu.org/blog/?p=617#comment-1267 +1, Eric.

]]> http://lebleu.org/blog/2012/02/08/what-drives-demand-for-money/comment-page-1/#comment-1219 Thu, 09 Feb 2012 20:32:19 +0000 http://lebleu.org/blog/?p=617#comment-1219 I suspect (though can't prove) that the answer to your final question is yes, but I think it will shrink even further, i.e. to a backup procedure for when things go wrong.  Family and tribal “economies” very rarely rely on exchange currencies, because they are focused on building the wider levels of wealth (relational wealth) which bring with them automatically the level of wealth addressed by money (tradable wealth).  Only when things are going really wrong relationally in a family or a tribe do you need to resort to accounting exchange balances.  The potential implicit in your examples is the realization that non-coercive relational economies are the most efficient.  Families and tribes (gift economies) are more efficient than market economies.  We just haven't yet learned to scale the relational wealth that are possible at those levels.

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