
Episode 96: What Is Money, Anyway?
Words & Numbers
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The Right to Property
labor in the beginning gave a right to property. So you move about in your environment, you exert your labor on certain portions of it and lo and behold, the right to property emerges. But it emerges because you own yourself, which means you own the right to work with your own body. Without some ability to store value over time, the apples rot and cease to be valuable. And therein lies the invention of canning, for example.
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