Thursday, November 14, 2013

The Electronic Hallucinations that Count as Wealth Today

Vico barely mentioned economics in his book, but it’s a prime example: look at the way that wealth in a dark age society means land, grain, and lumps of gold, which get replaced first by coinage, then by paper money, then by various kinds of paper that can be exchanged for paper money, and eventually by the electronic hallucinations that count as wealth today. John Michael Greer

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