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Apocalypse World / Barter and Debt
« on: September 27, 2013, 05:52:20 AM »
Have any of you guys read David Graeber's Debt: The First 5000 Years?
Graeber argues that spot-transaction barter -- "I'll give you this for one of those" -- is extremely rare in simple/disorganized/local societies. Instead, relationships work by patronage, heirarchy, gifting, and long-term, nonmonetary accounting of debt. In a place where most people don't move very far during their lives, where scarcity is high and monetary institutions are weak, you don't walk up to your neighbor and offer five chickens for his cow -- or, at least, you certainly don't do that with the assumption that the main thing under discussion is whether a cow is worth five chickens. What's primary is your relationship to the neighbor, and it's far more likely you'd be:
What do you all think of this in the context of AW's "barter"?
Quote
In fact, our standard account of monetary history is precisely backwards. We did not begin with barter, discover money, and then eventually develop credit systems. It happened precisely the other way around....The reason that economic textbooks now begin with imaginary villages is because it has been impossible to talk about real ones. Even some economists have been forced to admit that [Adam] Smith's Land of Barter doesn't really exist.
- Debt: The First 5000 Years, Graeber, pp. 40-43
Graeber argues that spot-transaction barter -- "I'll give you this for one of those" -- is extremely rare in simple/disorganized/local societies. Instead, relationships work by patronage, heirarchy, gifting, and long-term, nonmonetary accounting of debt. In a place where most people don't move very far during their lives, where scarcity is high and monetary institutions are weak, you don't walk up to your neighbor and offer five chickens for his cow -- or, at least, you certainly don't do that with the assumption that the main thing under discussion is whether a cow is worth five chickens. What's primary is your relationship to the neighbor, and it's far more likely you'd be:
- asking for a cow, which he gives magnanimously, which means that now you're on the hook -- you're his client, he's your patron, and you're going to owe him forever, and your relationship is going to be one of connectedness and asymmetry (you give him certain sorts of things, and he gives you other, distinct sorts of things) from now on -- like he gives you a cow, and tells you when it's time to take your gun and follow him into battle
- giving him chickens as a gift, refusing any payment, thereby one-upping him and making yourself the big man of the village, for which he may seek to revenge himself at the next practicable occasion by giving you a cow
- giving him chickens as a gift, refusing any payment, with your eye on his cow, knowing full well he's going to have to make some sort of gift later or be branded a cheapskate; but, of course, he can respond not with his cow, but with his daughter instead; you don't get to pick
- giving him the chickens because he's already got chickens, taking the cow because you have a butter churn, and the two of you are connected by so many threads of obligation and relation, your kids are married to each other, you're in the same secret society, etc., that even though the two of you are ruthlessly competitive and egotistical and constantly trying to get ahead of the other, this isn't played out in material goods -- not because of abundance, but because of scarcity: you can't really afford to do anything less than the optimal distribution of chickens and cows, and the social cost of not sharing the eggs and milk would be too high to consider that option.
- giving him chickens, and noting that down in a ledger of accounts, which is carefully tracked and quantified in Silver Pounds (or dollars) even though no one has seen a physical Silver Pound (or dollar) around these parts for a long time, and at some point next year if you need a cow or something else, the line in the ledger will be scratched out [/lli]
What do you all think of this in the context of AW's "barter"?