TotallynotJessica@lemmy.blahaj.zoneM to 196@lemmy.blahaj.zoneEnglish · 19 days agorulehammer 40klemmy.blahaj.zoneimagemessage-square17linkfedilinkarrow-up1569arrow-down15
arrow-up1564arrow-down1imagerulehammer 40klemmy.blahaj.zoneTotallynotJessica@lemmy.blahaj.zoneM to 196@lemmy.blahaj.zoneEnglish · 19 days agomessage-square17linkfedilink
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up2arrow-down1·18 days agoIs that not how money works under capitalism right now?
minus-squareA_norny_mousse@feddit.orglinkfedilinkEnglisharrow-up3·edit-218 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-up2arrow-down1·18 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?