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Do #anarchist #economies need a universal unit of account? Many socialist economy models suggest a universal unit of account: Some of them circulating money as in capitalism, others non-circulating tokens based on hours of work.
But do we want or need a universal unit of account at all? Do issues outweigh the benefits? I collected some arguments in
https://www.kialo.com/anarchist-economies-universal-unit-of-account-63128
Feel free to contribute.
KialoAnarchist Economies: Universal Unit of Account?Many socialist economy models suggest a universal unit of account: Some of them circulating money as in capitalism, others non-circulating tokens based on…
Do anarchist economies need a universal unit of account?
I like the result. Imagine 90% of the population participating in an economy based on need and only 10% participating in a separate economy based on markets. That should work for the 90%. 