a pricing mechanism is necessary as a standard of value. In an extremely simple economic system you could do without it, but in a complex world, trading goods for goods or time for time isnt efficient. Money doesnt need to be Federal Reserve Notes or greenbacks or even precious metal coins. It can be whatever people decide works for them, but its difficult to have a functioning, innovative, complex economy without it. no-one here is advocating trading goods for goods or time for time. the problem that many people have with understanding these new ideas, is that those people are stuck in the false dichotomy of market or state. they have been taught all their lives, by the flawed economic system they live in and its equally flawed education system, that whatever isnt a market is a state, and whatever isnt a state is a market, and that theres a continuum of mix forms between the two, but nothing outside of that continuum. theyre wrong about that. these new ideas are neither a market nor a state nor any mix form of the two. these new ideas dont involve trading of any kind. theyre based on voluntary cooperation and voluntary sharing. and you can already see working systems based on these ideas popping up all over the place. open-source technology, for example. the individual can take without giving, and anyone who wants to can give without taking. and this same concept can be applied to an economy as a whole. with the technological means we have at our hand, and a small amount of voluntary human labor, we can create more than enough for everyone on the planet. and then every individual can take without giving, and anyone who wants to can give without taking. the only thing standing in the way of this, are all the people who cannot yet wrap their heads around it.
Posted on: Sat, 23 Aug 2014 10:42:16 +0000
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