I’m confused about how the Matrix example isn’t a normal economy. If people are punished for not making rent, and presumably getting things in exchange for their money, how can no goods or services be exchanged? It seems like residents would be unaware of the nature of the goods they’re exchanging, but that virtual goods exist today (software, various forms of property in multiplayer video games including clothes and land, Bitcoins, etc.).
and presumably getting things in exchange for their money
No, the intent of the example would be that the goods and services you receive are identical for everyone and unrelated to the “economic activity” that is happening.
It seems like in that case, the money isn’t actually coordinating anything and instead is some sort of ritual? Calling this “economic activity” seems confusing.
I’m confused about how the Matrix example isn’t a normal economy. If people are punished for not making rent, and presumably getting things in exchange for their money, how can no goods or services be exchanged? It seems like residents would be unaware of the nature of the goods they’re exchanging, but that virtual goods exist today (software, various forms of property in multiplayer video games including clothes and land, Bitcoins, etc.).
No, the intent of the example would be that the goods and services you receive are identical for everyone and unrelated to the “economic activity” that is happening.
It seems like in that case, the money isn’t actually coordinating anything and instead is some sort of ritual? Calling this “economic activity” seems confusing.