Monday, December 9, 2013

Money Wisdom #231

"Any notion of freedom, whether it's the more individualistic vision of creative consumption, or the notion of free cultural creativity and decentering I have been trying to develop here, demands both resistance against the imposition of any totalizing view of what society or value must be like, but also recognition that some kind of regulating mechanism will have to exist, and therefore, calls for serious thought about what sort will best ensure people are, in fact, free to conceive of value in whatever form they wish. If one does not, at least in the present day and age, one is simply going to end up reproducing the logic of the market without acknowledging it. And if we are going to try to think seriously about alternatives to the version of 'freedom' currently being presented to us -- one in which nation-states serve primarily as protectors of corporate property, un-elected international institutions regulate an otherwise unbridled 'free market' mainly to protect the interests of financiers, and personal freedom becomes limited to personal consumption choices -- we had best stop thinking that these matters are going to take care of themselves and start thinking of what a more viable and hopefully, less coercive regulating mechanism might actually be like."

David Graeber Toward an Anthropological Theory of Value - The False Coin of Our Own Dreams (2001) p.89