941 karma · joined January 25, 2020
Regarding neck ties this was my only comment:
> Note: ties feel a bit useless but at least they hide my belly when movement slightly opens the shirt.
But I do agree ethics is a big one.
It didn’t necessarily come from banter (see rai stones from yap island). Debt didn’t always come from currency (See Inca system of Reciprocity and Redistribution where there was no currency). Private Banks don’t always precede Central Banks (see Sumerian Temples).
I do agree with the argument that money is backed by trust. But I don’t think it’s inherently hierarchical. I think if anything, money and its diverse manifestations in currency are a complex graph where of course there are regions that exhibit hierarchical behavior (eg. Chilean bank backed by Chilean Central Bank that issues bonds and buys or sells US dollars). But for example I believe Crypto/Cigarrets in Prison/Silver/Gold/etc aren’t part of that hierarchical region.
This reminds me of the Reciprocity and Re-Distribution system in the Inca Empire. There wasn't a system of currency or markets. But there was an Ayni (mutual aid) and Minka (collective work) system, paired with a Mita system: work done for the Sapa Inca which was in return "paid" by the Sapa Inca in feasts, food and goods/gifts. This was all glued together by the concept of Ayllu (family), where these obligations were established through family connections and of course the Sapa Inca had marriage connections with subordinate chiefs.
I myself can't stop thinking about the Inca Empire Economy and how it shows in reality that currency is not about the paper nor number nor symbols, and more about the "I owe you"s that move in the economy.
I like these abrupt switches that tie-in later. Kind of like a b-roll but in text.
Will add this to my reading backlog! Was looking for something exactly like this.