HIST BC 3116y Lecture Notes - Lecture 7: Tilos, Post-Capitalism
1 Nov 2016
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Natural oikonomia & unnatural chremastike: everything must be self-sufficient, everything has a particular purpose, rigid hierarchical system, no has indefinite needs, a specific set of resources that is required in accordance with their purpose in life. Violating nature of society when people start to accumulate with no end. Chremastike is unnatural; in defiance with tilos. Maintains its relation in society/that which keeps society to together: exchange is necessary for society to be successful. In order to connect and interact within the hierarchical system (mediation device=money: geometric type of equality (equity) Language of commensurability: unit of account = money. Without it, no conversation between classes: chu(cid:396)(cid:272)h i(cid:374) medie(cid:448)al ti(cid:373)es (cid:449)ould set the (cid:862)just p(cid:396)i(cid:272)e(cid:863) No merchant could take advantage of anything. Just p(cid:396)i(cid:272)e does (cid:374)ot e(cid:395)ual the effi(cid:272)ie(cid:374)t p(cid:396)i(cid:272)e (i. e. subsidized housing/rent-controlled) In the marketplace, people reveal the value of things by how much they are willing to pay for it. A demand dictated price (not the cost)
