https://steadystate.org/wp-content/uploads/Picture7-1.png 399 624 Brian Czech /wp-content/uploads/logo.svg Brian Czech2021-03-04 13:33:092023-01-04 09:38:01Paying Taxes with Trophic Money: Watch Out for Environmental Backfires
Paying Taxes with Trophic Money: Watch Out for Environmental Backfires
by Brian Czech
I didn’t set out to coin a phrase, but “trophic money” will be far handier than “money derived pursuant to the trophic theory of money.” The trophic theory of money is that money originates via the agricultural surplus that frees the hands for the division of labor into all the other economic activities, most basically manufacturing and services. It’s a theory of money that reflects not only the trophic structure of the economy—with manufacturing and services built upon a base of agriculture and extraction—but the fact that money is meaningless unless we have an agricultural surplus at the trophic base.