can we go back to our old ways of Barter system where the name of money was never heard?

Question

Where there was no power no measured standards of living no hypocracy no complexes just peace and love.

Answer 1

Yes.When we die.
And the great thing is that everyone is equal in the graveyard.
It'll be one hell of an eye opener for some-won't it?

Answer 2

No power? Lets look at that. If you mean no electricity then you are right. During the time that the barter system was used by most countries there was no power, no technological advances, and no incentive to better mankind.

However, there were individuals who had power. They were called lords, kings, dukes, etc. They had the power of life and death over the subjects. They were usually mean, barbaric, and cruel.

The barter system was even more oppressive than the current economic systems being utilized today.

Answer 3

This sounds sweet, but it isn't as ideal as you imagine. Barter was difficult...if you had sheep to trade, and needed some grain, but the person selling grain didn't want sheep, you had to go barter your sheep for something the grain seller wanted...as for peace and love, many of the earliest stories in history (myths, that is) were about the farmer and the shepherd fighting...and one of them ending up dead.

Mankind soon began using precious metals, back then in the form of jewelry, as a simple means of barter. When a man gave his wife or daughter jewelry, he was actually ensuring her as the carrier of the family wealth. Soon, a group of merchants, often at behest of local government, began making standardized weights and measures of the these metals. Thus we have coins.

Rome was the first country to make revolution, in a sense, illegal. In times past, when money and power became too centralized into too few hands, a dictator would often arise that would wrest the wealth out of those hands and even redistribute it. Rome changed this practice, making wealth a virtue.

So, when the Rennaissance allowed Europe to once again begin building wealth, people found coins too bulky to carry or hord. Thus, banks began issuing bank notes in exchange for precious metals.

Back to the original barter question, though...Egypt had a very complex barter system. And at the same time, there were still grave robbers who went after the wealth of the upper classes. There were still persons who plotted against the pharaoh for power. Rewards for loyalty still came in the form of goods and services as a form of wealth.

Barter isn't the sweet little ideal that you imagine.

Answer 4

The real problem is the way exchange rates are decided by the powerful nations and the poor nations have to sell their labour for a cheap price. You will find that some nations do not have any resources but their money value is very high. The leaders of Asian and African nations are loyal to their colonial masters and their wealth is proteted by them. For personal gains they will not challenge them as they are getting best of both the worlds.

Answer 5

Boy, you sure know nothing about history.
The barter sistem was the prevailing mode of trade in the U.S. as late as 1800. There wasn't much coined money in circulation, and the farming population had to trade their goods for lack of coin. Since the American Revolution wasn't far off, your concept of "peace and love" is quite mistaken.
And in the modern age of credit and debit cards, stock trading, and internet trading, we're on our way to eliminate money again.

Answer 6

The switch-over to monetary system, was due to inherent problem, in 'Barter' system.
First, you should understand, the other person will give, in exchange, what he has and you will also do the same. Both may not get what they want. A farmer will give you his cow, in exchange of PC. Both will have no use.
Think and then pose your question.

Answer 7

No it never will.
First try and understand why money was invented.
I was a guy who produced some goods that everyone wanted. Say, it was some stone. Now, because everyone wanted it, but every one had only something that I did not want too much of like sand. They were prepared to offer me a little hillock of sand for each stone that I gave them. What would I do with hillocks of sand. I could not carry those with me. So everything had to be reduced to a common denominator. Everything had to be valued in terms of a common denominator. That was money.

Answer 8

there's no utopia...so you're thinking that in barter change people are equal, society is in order because money doesn't exist...no way, man...just wait for somebody to cross over your fence and still two of your goats, because you got 300 and your neighbor none.

Answer 9

It is very difficult to pay for sex in barter system

Answer 10

And no electricity, no indoor plumbing. Grow up, get a job and face reality.