I would be wary of thinking of social roles as a market. There’s something about social interactions that isn’t market related, and bringing up prices seems to be able to make people’s relationships less fulfilling. At least according to Dan Ariely in the book Predictably Irrational.
″...once a social norm is trumped by a market norm—it will rarely return.”
Quick Googling of market vs social norms (or some variation on that) brought up tons of links, but this one does an okay job of summarizing what the book said about it:
There’s something about social interactions that isn’t market related, and bringing up prices seems to be able to make people’s relationships less fulfilling.
Agree with the second part—trade is low status (because it means people aren’t rewarding you for inherent qualities). Disagree with the first part—trade is still what’s going on, just not with money. It’s always a good idea to understand what the other person is buying from you and at what price. The world is full of people who thought they were being rewarded for inherent qualities. Then they accidentally withdrew the thing that was being traded, and lost relationships as a result. Eliezer had a nice essay about it recently.
I would be wary of thinking of social roles as a market. There’s something about social interactions that isn’t market related, and bringing up prices seems to be able to make people’s relationships less fulfilling. At least according to Dan Ariely in the book Predictably Irrational.
″...once a social norm is trumped by a market norm—it will rarely return.”
Quick Googling of market vs social norms (or some variation on that) brought up tons of links, but this one does an okay job of summarizing what the book said about it:
https://natewkratzer.wordpress.com/2013/07/23/market-norms-are-crowding-out-social-norms-and-society-is-poorer-as-a-result/
Agree with the second part—trade is low status (because it means people aren’t rewarding you for inherent qualities). Disagree with the first part—trade is still what’s going on, just not with money. It’s always a good idea to understand what the other person is buying from you and at what price. The world is full of people who thought they were being rewarded for inherent qualities. Then they accidentally withdrew the thing that was being traded, and lost relationships as a result. Eliezer had a nice essay about it recently.