Big Al wrote:I think that people will barter goods and services but in the background there will always be a system where people value things in a monetary sense........
I think you are quite right, we are so accustomed to seeing the cost of something as opposed to its value, that it gets harder and harder to see their real worth.
So it set me to thinking whether we are getting a 'fair' exchange on some of our barters and I came to the following conclusion using a recent example,
my OH fixed a car for a neighbour recently, it took him most of the day, in return he received 5 sterre of wood.
but... if you look at it from a monetary point of view
a day's labour in a garage = at least 200 euros
5 sterre of wood = usual cost 40euros per sterre = 200 euros
a truly fair exchange on a monetary basis you would think
but ...... (bear with me - I am going somewhere with this!)
OH = 1 day labour, no parts used, just taking something apart, cleaning it, then putting it back together,
Neighbour = part thereof of day cutting wood down, cutting it to size and then stacking it - probably a day in terms of hours spent building a stack of wood sized at 5 sterre.
Therefore - a perfectly equitable barter.
Which means that both sides of the exchange had the same value in monetary / time terms.
It would be easy to leave yourself open to feelings of resentment and of being used if both sides have disproportionate ideas of value though - and I think here you can see the value of money - with its agree values known by both sides.
My problem seems to be that whilst I agree with the face value of the money in my hand I don't agree with the price demanded by the vendors usually.