Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP
Posting-Version: version B 2.10.3 4.3bsd-beta 6/6/85; site teldata.UUCP
Path: utzoo!lsuc!watmath!clyde!burl!ulysses!bellcore!decvax!tektronix!uw-beaver!tikal!teldata!shad
From: shad@teldata.UUCP
Newsgroups: net.politics.theory
Subject: Re: understanding money
Message-ID: <583@teldata.UUCP>
Date: Mon, 3-Feb-86 16:18:12 EST
Article-I.D.: teldata.583
Posted: Mon Feb  3 16:18:12 1986
Date-Received: Thu, 6-Feb-86 21:49:45 EST
References: <1038@mmintl.UUCP> <324@frog.UUCP> <1091@mmintl.UUCP> <342@frog.UUCP>
Reply-To: shad@teldata.UUCP (Warren Shadwick)
Organization: Teltone Corp., Kirkland, WA
Lines: 19

In article <342@frog.UUCP> tdh@frog.UUCP (T. Dave Hudson) writes:

> ...         (Incidentally, money is a fallout of property
> rights.  It loses its magic where ownership and trade of the
> means of production are completely forbidden.  Its
> objectivity is the consequence of the objectivity of
> property rights.)

Is this theoretical or can you give an example of such an
instance or place?  What substitutes for money?  Barter?

In Poland when mistrust of the currency was rising the 
people fell back to barter and used liquor and cigarettes 
(things *of* value) as the medium of exchange.

-- 

Warren N. Shadwick
... ihnp4!uw-beaver!tikal!shad