Intro to Economic Life 4: The Pandora's Box of Money
The Great Transformation of human economies into market economies
In Part 3 we explored David Graeber’s moral logics - everyday communism, reciprocity and hierarchy - and then combined them with six dualisms that can help us map out a whole range of different economic situations, from passing the salt through to buying something on Amazon.com.
You can find examples of all these logics in the most ancient and modern of …