Surviving Financial Meltdown: Argentina’s Barter Networks

In this chapter of his Money and Liberation, the author describes how millions – in order to survive – started barter trade, one-to-one exchanges after the Argentinean economy collapsed at the end of 2001, throwing away free market and profit principles. They did not try to change the big system or take power themselves. What are the lessons from this case, when masses opted out of a failed capitalism?