btw ancient humans used shells etc as money its what allows our species to cooperate with other tribes of our species. the reason neandethals die out is because they never conceived of the idea of money, thereby they are unable to trade with other tribes, hence the only way to gain resources is by violence, rather than trade

I think i see your point. I just think there will forever exist a need for a mechanism to be used to delegate who gets what and how much. Every person brings a different value to society in their own genius ways, and as long as humans are mortal and lifetime is finite, we would like to trade our time and energy for something in exchange. Perhaps when basic necessities like food become so abundant with the help of automation, it trends to free just like the air we breathe, there won’t be a need for money to get food, but there’ll be other things that are still scarce and are in demand. In that world a form of money would still be needed to facilitate that exchange. The idea of property, and free market itself, is not even a made-up idea, it is the reality of what humans do/use when faced with limited resources, be it time or materials or energy. Things have to be owned, for it to be utilised. The very fact that we are debating ideas here, shows that you own your body and mind, and we own ours. When Booth says we never had capitalism, it’s because money itself has always been corrupted. Lets call it the free market rather than capitalism. A free market is just humans trading. Money is one half of every trade. When there is an arbitrage to the cost of money creation that is backed by a threat of violence, one group is able to create more units of money for themselves, at the cost of diluting everyone else. This corrupted money creates a corrupted version of “free market”, if we could even call it that anymore, due to the very existence of a monopoly on money creation backed by violence. This creates a zero sum game, where certain people benefit at another’s cost. In a hypothetical free market where money supply is fixed, therefore the only way to get money is by consensual trade, and because everyone only generally consents to a trade if it provides a nett gain in value for themselves, over time, every trade by every individual is beneficial to everyone participating in that monetary network

The type of money we use heavily influences the characteristics of institutions we construct to protect the way of life of a society. This actually goes back to a even more fundamental aspect of life. Property. But before we get on, would you agree that no sufficiently advanced human society can emerge without the aid of some form of money?

no one said that.

show me a society that does not function on money, or any form of credit.

Okay, sure, maybe I can explain that concept to allow you to understand where I come from. Society is built on human exchange. Favours. You do something for me, or give me something, I owe you something in return. Yes? How do you scale society without money? You can only keep track of the favours of about a maximum of 150 people, Dunbar’s Number. Money is the tool that allows people to trade with strangers, hence allowing society to scale past 150 people. Do you know of other ways society can reliably scale without a form of money?

Do you come to the conclusion that money is the foundational layer of society, and all the concepts and institutions we have and have existed all throughout history are influenced largely by the type of money we use? Because if you do, you would understand Jeff Booth’s thesis.

when URSF?

I have the same concerns as well, would you be kind to explain please?

GG