It's a barter/trade system, not capitalism.
Capitalism is primarily about generating profit, and there's no profit without money.
It all went downhill after the Enclosure Acts.
Capitalism is primarily about generating profit, and there's no profit without money.
It all went downhill after the Enclosure Acts.
The lack of money involved just makes it potentially less efficient if the trade isn't well balanced, or potentially more efficient if they can avoid the friction of the taxman by avoiding money.