TotallynotJessica@lemmy.blahaj.zoneM to 196@lemmy.blahaj.zoneEnglish · 7 days agorulehammer 40klemmy.blahaj.zoneimagemessage-square17fedilinkarrow-up1567
arrow-up1567imagerulehammer 40klemmy.blahaj.zoneTotallynotJessica@lemmy.blahaj.zoneM to 196@lemmy.blahaj.zoneEnglish · 7 days agomessage-square17fedilink
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up2·6 days agoIs that not how money works under capitalism right now?
minus-squareA_norny_mousse@feddit.orglinkfedilinkEnglisharrow-up3·edit-26 days agoI meant negative interest. And yes, without the concept of positive interest (and using capital as security against loans) capitalism is pretty much impossible.
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up2·6 days agoSo demurrage? How is that functionally different?
Is that not how money works under capitalism right now?
I meant negative interest. And yes, without the concept of positive interest (and using capital as security against loans) capitalism is pretty much impossible.
So demurrage? How is that functionally different?