I like this framing (I almost never thought on this topic): money as status as measure of socially enforced right to win competitions for resources, but with a baseline of fairness, where you can still get stuff, but less than high-status individuals (organisations). Right-based bargaining power rather than a measure of usefulness.
I like this framing (I almost never thought on this topic): money as status as measure of socially enforced right to win competitions for resources, but with a baseline of fairness, where you can still get stuff, but less than high-status individuals (organisations). Right-based bargaining power rather than a measure of usefulness.
Wah. Neat conceptualization, and much easier for me to wrap my head around than my previous non-models. Thanks!