I spent a lot of time around gangs and they’re not super keen on property rights. infact most of the organizing bodys you mentioned are not… How would the rich people hire militias, what resources are they exchanging for the services. None of this works without a currency, the default state is bartering, exchanging goods and services, we just let a piece of paper represent the value. What value do “rich people” hold without currency? What property rights do they have if they cannot present value to have them protected. Your gonna give me some food and gold to protect your property? what if i just take it and the food and the gold? The power is all in the currency.
I spent a lot of time around gangs and they’re not super keen on property rights. infact most of the organizing bodys you mentioned are not… How would the rich people hire militias, what resources are they exchanging for the services. None of this works without a currency, the default state is bartering, exchanging goods and services, we just let a piece of paper represent the value. What value do “rich people” hold without currency? What property rights do they have if they cannot present value to have them protected. Your gonna give me some food and gold to protect your property? what if i just take it and the food and the gold? The power is all in the currency.