Quote from: KdogIt is time to return to these radical days when the idea of property was questioned.The whole idea and system of Property and the idea one person "owns" something that was part of the commons and so has the right to charge another person for its use began with Violence and Theft.
Before Ag, the land and everything on it was Free for all to use. With Ag, they had to take control over an area and keep others off of it, which could only be done by force. This built itself up over time to the nation state level with armies. As personal property develops, Police develop to protect individual property.
Once you establish ownership over property, you can develop money. What you own provides the collateral for a loan, and the value is based on an estimate of what the property can produce in a year. The units are arbitrary, so is the coinage, but it has to be difficult to counterfeit. Whoever owns the property uses the money to pay the workers, who then have to give the money back to him to buy what the property produces. The owner's "profit" is the difference between the amount they produce and the amount they buy back from him. He sells that difference to someone else, or trades the surplus for some other stuff he wants. Markets then develop which determine the relative value of different commodities.
RE