[OPE-L:7545] [OPE-L:1085] e-money

David Laibman (DLaibman@brooklyn.cuny.edu)
Sat, 28 Aug 99 11:32:00 EDT

The Guardian piece posted by Mike Williams is fascinating. It doesn't
explain how internet trading transcends e-*barter*; i.e., how a universal
equivalent separate from the traditional state-sanctioned money supply arises
in this way. But assuming it does, this is one more example of how
capitalist accumulation nibbles away in a frenzy at the foundations of its
own stability!

David Laibman