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RE: Money – or the lack thereof

in Dream Steem2 days ago

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...?

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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.

It’s a fascinating concept, don’t you think?

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.

designers or fashion publishers

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.

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