“I will gladly pay you tomorrow for your services today.”
The quid pro quo system goes back as far as we can remember as people. Another name for this is the barter system. And if applied the right way, quid pro quo can be a very productive measure of conducting business. But it involves a lot of cooperation and people must for the most part be on the same page. Because a great system of trading goods and services can easily get quite messy. This method of business can be very beneficial to a poor community where the community does not have many resources. You might have a loaf of bread and your neighbor might have a gallon of milk. You guys could trade slices of bread for this person to make a sandwich, for a certain amount of milk so this person can bake. Now, could that work in today’s society like in the past?
And my answer to that is absolutely it could. But like I said before, you need cooperation and like minded people. If you have these similar character traits then you’re going to have a pretty productive environment. Because now, money is not the only precious commodity in our communities. If you are trading goods and services for other goods and services, then the good and service is valuable. And for the most part, people are trading for things outside of housing expenses and not household. What do I mean by housing and not household. The housing expenses are priorities such as rent, mortgage, utilities; whereas the household expenses are bath soap, toothpaste, lotions, deodorants to food and beverages. This is how everyone in the community will be able to live and work together. Not only that, but if I can only pay rent, but I can provide a service to you in exchange for food, I don’t have to worry about monetary expense.
Meaning, let’s say after I pay my rent and utilities, I have a hard time feeding my children. But I can provide a service to a neighbor in exchange for food. You give me what a babysitter would get paid in food. So let’s say a babysitter charges $15 per hour, I will babysit your child for four hours. In exchange, you give me close to $60 worth of food. Because the babysitter may not have food, but could babysit for the person who has food, but need a babysitter. You will do each other such a service by operating in this fashion. Another action that will take place is a close nit community that is based around people helping each other. But inevitably, in our today’s society this does not work.
And in the end, the reason why quid pro quo has a tough time being implemented is because you’re going to have someone not repaying the favor. You’ll have someone not giving the equal value of product and service. You’ll have people who always want more than someone else. So the human conditioning is what keeps the barter system from working. And what’s said is that the poor communities in America could use this means of trading. If implemented well, no one starves or is forced to sleep in the street because they don’t have a roof over their heads.
https://faheemjackson.squarespace.com/ (PERSONAL WEBSITE)
https://www.facebook.com/fjacks063 (FAN PAGE)