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Some time ago Adam Smith, the celebrated Scottish father of economics wrote The Wealth of Nations in which as a basic premise he set out a brief and spurious anthropological observation that the invisible hand of the free market was somehow inherent in man before he realised his civilised credentials, that is, ancient tribes bartered with one another thus starting in motion money and wealth creation. Using a critique of debt, put forward by David Graeber in 'DEBT, The First 5000 Years' in chapter 2; Graeber reasons on the Myth of Barter and he dispels the idea that capitalism and economies started with a bartering systems amongst our earliest civilisations, and thus raises concerns about the whole premise of Adam's Smith's Wealth of Nations.
The Myth of Barter is a series of exhibitions, events and happenings centred around the artist multiple and the long established practice of artists swapping works with one another.
More myths to follow..
The Serfsons Episode. FOX