DYSPEPSIA GENERATION

We have seen the future, and it sucks.

The Myth of Primitive Communism

6th May 2022

Alex Tabarrok, a Real Economist, does the necessary.

The primitive communism of hunter-gatherers is no different in principle from the primitive communism of the wifi service at Starbucks, the modern day police and fire departments, or the use of Shakespeare’s works. As Barzel put it, “New rights are created in response to new economic forces that increase the value of the rights.” Thus, in this respect, there are no major differences among peoples, only differences in transaction costs, externalities, and technologies of inclusion and exclusion.

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