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Who makes the consumables in a library economy? Why on earth would I farm for love of the game?
You don't want the librarian to starve, or the blacksmith.
Someone else will do it then, surely? I can just play video games and check things out permanently from the library and get free food from the farmer?
Maybe if you want to piss off the farmer....
You are forgetting that there is a component of anonymity that fiat currency provides transactions. You lose that in a social economy.
Money is "asocial".
Well the farmer has to share though, right? So what do I care if he's mad at me?
He doesn't have to.
So the farmer can arbitrarily decide who gets food?
Yeah
Just like in the existing capitalist economy, case managers decide who receives disability payments and insurance analysts decide who gets medical treatment. Who knew society means being at the whims of other people 🤡
Is a social economy, you can directly appeal to people with resources you want, as in "socialize".
Gotcha. What about people who the farmer has never met, but they come to him for food?
Man I don't know, why don't you go ask this hypothetical man in this hypothetical society? Don't be a dick if you expect to be welcomed.
I'm asking you because you're in here arguing for this moneyless, library society! I feel like if we can't answer super basic questions about how getting rid of something as universally important as currency would actually work, then maybe we haven't really thought it through.
Very interested to hear more though, particularly as someone who studied things like this and is now an economist who works in inflation.