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A Starter on Support-Bargaining and Money-Bargaining in Twenty-Eight Digestible Bites pp 77–123Cite as

Money-Bargaining

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Abstract

‘Money’ and ‘money-bargaining’ are creations of support-bargaining. Consumers select by reference to their situation; companies are the specialist money-bargaining agencies of money-bargaining systems. The terms of transactions depend on ‘bargaining position’, a concept well understood in common parlance, because the dynamic of money-bargaining is close to that of support-bargaining. Mainstream economic theory stresses tendencies to equilibrium and an optimal allocation of resources. It is a mathematical illustration of a philosophical conjecture regarding the propensity of individual interest to promote public interest. Money-bargaining, in contrast, explains economic exchange. Through support-bargaining, ideas of communal interest are established and realised through government budgets. It is one of the great triumphs of money-bargaining that it has made possible the realisation of extensive communal interest.

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    Patrick Spread

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Spread, P. (2018). Money-Bargaining. In: A Starter on Support-Bargaining and Money-Bargaining in Twenty-Eight Digestible Bites. Palgrave Pivot, Cham. https://doi.org/10.1007/978-3-030-05231-7_5

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