Why is currency so essential? - Lemmy.World
Makes it easier to buy food and pay for rent.
My landlord doesn’t want to barter for goods and services on a monthly basis.
I being obtuse, for sure, but why does your land lord need you to provide him goods and services?
Going back far enough, scarcity is the answer. We technically live in a post-scarcity world now. But we are bound by the models we developed when it existed.
I wouldn’t say we are completely post scarcity, but enough of the producers of goods create enough artificial scarcity in order to keep prices high and the train moving. Unfortunately, I don’t see the paradigm changing until we have a major altering event in which many people perish.
We’re only post-scarcity for certain things in certain geopolitical regions, and even then, logistics of distributing those things is a problem. Computers, for example, will always be scarce in their current form because the raw materials to build them are naturally scarce, can only be extracted so fast, and have a limited ability to be recycled. We have a shit-ton of them, but they’re still scarce.