• undergroundoverground@lemmy.world
    link
    fedilink
    arrow-up
    12
    ·
    5 days ago

    I see it as we’re more labour-cattle in a human labour farm/plantation but I agree all the same.

    That’s why I think it’s more sensible to see money as human labour tokens and actaully adds back in a debt of something to money creation (money being debt and all). It works in the same way that cotton could be used used as currency in and around a cotton plantation.

    I.E. Money is created by either the central back or a private bank. Human labour works of the value of the money created. The debt is repaid, destroying the money, and the position is netted off to zero.