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When you remove money from a marketplace, strange things happen

2•vibenex•4h ago
Has anyone here tried building or studying non-monetary marketplaces?

We’ve been exploring what happens when you strip price out of an exchange system entirely, when value is defined by attention or effort instead of currency. The results have been surprisingly unpredictable.

How do you measure fairness when there’s no price signal? Some people give more than they get, others act more generously because there’s no transaction history to optimize against. It feels like reputation, not ROI, becomes the governing logic.

We started with a simple idea where people could exchange exposure, participation or experiences instead of money. A café might offer free meals in return for content, a gym might trade sessions for Google reviews, all voluntary, no fixed value.

When you remove money, people negotiate differently. They’re less defensive, but also less predictable. Interactions feel more genuine.

Has anyone else noticed similar behavioral shifts when incentives stop being financial?

Comments

toomuchtodo•4h ago
https://en.wikipedia.org/wiki/Debt:_The_First_5,000_Years

https://en.wikipedia.org/wiki/The_Wealth_of_Nations

https://en.wikipedia.org/wiki/Barter

vibenex•4h ago
YES!!! more books to destabilize my reading queue. have you read these and what are your hot takes from them?
vibenex•4h ago
Also what's your view on this Reddit thread? Came around the fact that David Graeber was an American anthropologist, left-wing, anarchist social and political activist, criticized for maintaining a political bias.

https://www.reddit.com/r/AskEconomics/comments/1czj78p/debt_...

ggm•4h ago
You didn't remove money. You only removed the appearance of an exchange of value. The gym wanted the revenue downstream from the review. The Cafe wanted the revenue downstream from the review. All you did is remove payment from a customer, but now the value proposition shifts from a sale from party A to customer B to a service of value to party A provided by customer B, but the actual value is .. what? What evidence? What recourse? Is it worth more or less than the food or the gym session?

If all that happens is floods of insta princesses consume chai latte at the cafes expense for shit reviews, you poisoned the well.

And a real world cost in milk and spice was consumed. This is not a money free situation, you just ignored some externalities to your model.

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