Summary of Jacob Goldstein's Money

Get the summary from Jacob Goldstein's Money #1 Money evolved from the act of reciprocating. People in pre-money societies were mostly self-sufficient. They produced their own food and goods, and traded them for things they needed. #2 Money is not just a tool for exchange and saving; it is deeply woven into the social fabric, with blood and violence. #3 The more a central authority decides what people can and can't...
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Get the summary from Jacob Goldstein's Money


#1
Money evolved from the act of reciprocating. People in pre-money societies were mostly self-sufficient. They produced their own food and goods, and traded them for things they needed.

#2
Money is not just a tool for exchange and saving; it is deeply woven into the social fabric, with blood and violence.

#3
The more a central authority decides what people can and can't produce, the less need for money. In the Americas, thousands of years after the Mesopotamians, the Incas created a vast, complex civilization without any money.