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Barter Quote by John C. Wright

“Phaeton said, "No civilization can exist without money. Even one in which energy is as cheap and free as air on Earth, would still have some needs and desires which some people can fulfill better than others. An entertainment industry, if nothing else. Whatever efforts -- if any -- these…” quote by John C. Wright
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““Phaeton said, "No civilization can exist without money. Even one in which energy is as cheap and free as air on Earth, would still have some needs and desires which some people can fulfill better than others. An entertainment industry, if nothing else. Whatever efforts -- if any -- these productive people make, above and beyond that which their own idle pastimes incline them to make, will be motivated by gifts or barter bestowed by others eager for their services. Whatever barter keeps its value best over time, stays in demand, and is portable, recognizable, divisible, will become their money, No matter what they call it, no matter what form it takes, whether cowry shells or gold or grams of antimatter, it will be money. Even Sophotechs use standardized computer seconds to prioritize distribution of system resources among themselves. As long as men value each other, admire each other, need each other, there will be money." Diomedes said, "And if all men live in isolation? Surrounded by nothing but computer-generated dreams, pleasant fictions, and flatteries? And their every desire is satisfied by electronic illusions which create in their brains the sensations of satisfaction without the substance? What need have men to value other men then?" "Men who value their own lives would not live that way.””

John C. Wright

About This Quote

Source Novel: The Golden Age of the Sun, 2002

Money arises from mutual valuation and exchange; even in a world of abundant energy, scarcity of desire and service creates currency.

In simple terms: Money is a tool for valuing and trading services.

Key Takeaway

Recognize value in mutual exchange.

Themes

economics philosophy technology society

Mood

thoughtful speculative

Type

philosophical theoretical

When to use this quote

  • business
  • digital economies
  • resource management
  • social interaction

Key Concepts

value theory exchange systems resource allocation

Questions to Reflect On

  • Can a truly post‑scarcity society exist?
  • How would value be measured without money?
A Different Perspective

Money may become obsolete if all needs are met instantly.

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