[p2p-research] What is the Origin of our Money Supply?

[Michel Bauwens]

perhaps a naive question, but what is the advantage of using "machines" to
describe all kinds of social processes ...

why call money a 'machine'

why call the mind a machine,

what is gained and what is lost by this?

On Tue, Jul 20, 2010 at 4:27 PM, Patrick Anderson <agnucius at gmail.com>wrote:

> Ryan Lanham wrote:
> > All social contracts of any sort are fiats.
>
> Can you name the one Social Contract that must be *rented*.
>
> Have you ever *rented* the use of any other type of Social Contract?
>
>
> > Money is an agreement.
>
> But a special kind of agreement that requires compounding interest
> (rent) be paid in perpetuity.
>
>
> > 2. All contracts are machines that make value.
>
> Which of those 'machines' drains value from those who use it to those
> who issued it?
>
> Why are all other Social Contracts 'fiat', but not debt-based?
>
> _______________________________________________
> p2presearch mailing list
> p2presearch at listcultures.org
> http://listcultures.org/mailman/listinfo/p2presearch_listcultures.org
>



-- 
P2P Foundation: http://p2pfoundation.net  - http://blog.p2pfoundation.net

Connect: http://p2pfoundation.ning.com; Discuss:
http://listcultures.org/mailman/listinfo/p2presearch_listcultures.org

Updates: http://del.icio.us/mbauwens; http://friendfeed.com/mbauwens;
http://twitter.com/mbauwens; http://www.facebook.com/mbauwens

Think tank: http://www.asianforesightinstitute.org/index.php/eng/The-AFI
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://listcultures.org/pipermail/p2presearch_listcultures.org/attachments/20100720/18c124ba/attachment.html>