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--- limitations_of_the_market_system [2019/03/12 14:17] – [Limitations of the market system] freeworlder
+++ limitations_of_the_market_system [2019/03/12 20:05] – freeworlder
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 ====== Limitations of the market system ======
-Our current economic system is based on trade.
+Our current economic system is based on a system of [[explicit_vs_implicit_trade|explicit trade]].
-The use of [[explicit_vs_implicit_trade|trade]] - and its logical extension money - appears on the face of it to be a useful concept: Two parties engage in a trade, both get something they want, and both are better off than before. This has been the dominant mode of social organisation for at least the last 10,000 years.
+The use of trade - and its logical extension money - appears on the face of it to be a useful concept: Two parties engage in a trade, both get something they want, and both are better off than before. This has been the dominant mode of social organisation for at least the last 10,000 years.
 Though useful, it has many drawbacks, and, in today's society where we value compassion and equality, it no longer serves our best interest (assuming you accept the existence of a viable alternative). and it has also created extensive collateral damage on our natural world. The main drawbacks are: