Earlier quoted context omitted.
The source I quoted agrees, saying favors, not barter. People did something before money was invented, right? Parent's raised kids, kids helped parent's when they were older, families banded together, items were traded between villages, across continents, etc.
Money in a broad sense is as old as anatomically modern humans, so, no. 80,000 year old grave goods have been discovered, consisting of shells of a consistent size, with holes drilled in them, a few hundred kilometers from the ocean. We know from ethnography of societies which existed until very recently that these collectibles served the same purpose as money. A good complement to Graeber's book is the work of Nick…
> Communities of Iroquois Native Americans, for instance, stockpiled their goods in longhouses. Female councils then allocated the goods, explains Graeber. Other indigenous communities relied on “gift economies,” which went something like this: If you were a baker who needed meat, you didn’t offer your bagels for the butcher’s steaks. Instead, you got your wife to hint to the butcher’s wife that you two were low on iron, and she’d say something like “Oh really? Have a hamburger, we’ve got plenty!” Down the line, the butcher might want a birthday cake, or help moving to a new apartment, and you’d help him out.
> On paper, this sounds a bit like delayed barter, but it bears some significant differences. For one thing, it’s much more efficient than Smith’s idea of a barter system, since it doesn’t depend on each person simultaneously having what the other wants. It’s also not tit for tat: No one ever assigns a specific value to the meat or cake or house-building labor, meaning debts can’t be transferred.
> And, in a gift economy, exchange isn’t impersonal.
My original reply in this thread was to mention that there have been functioning societies that don't use money. I was replying to a post that couldn't imagine such things. Maybe I'm misunderstanding why you brought up barter economies?
I'll have to get back to your first Nick Szabo reference, it doesn't format readable in the browser I'm in front of at the moment (overlapping text). The second link, the blog post, seems to discuss the history of money as opposed to alternatives (like the Iroquois and gift economies mentioned above).
[0] https://www.theatlantic.com/business/archive/2016/02/barter-...