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RE: No, A Resource-Based Economy Doesn't Work

in #money7 years ago

The problem you're going to run into is the fact that value is subjective. There is no such thing as inherent value in anything, and, no matter how close your averages get, they will always fall short of individual preference. Thus even an AI capable of calculating these human needs would have to look at some reference, which, by its nature, would be subjective.

The solution I propose is decentralization. We don't need a robo-communism. We need progressively smaller states, until the largest political unit is a township or a county. This would dramatically decrease the amount of power that groups would be able to levy against each other. Combined with a strong adherence to private property norms, resource allocation would be much more efficient than it could ever hope to be now, while still protecting human liberty.

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that wouldn't work. If you look at history then you see that in the USA there was the article of confederation and states were like mini country. It didn't work as it made trade harder, no uniform currency and the states would pay for the national defense. We need a national defence in case we get invaded or their is a war and it is more effective then 13 different state (only 13 states back then) working together. What we need is a weak central government that deal with national issue and the states deal with everything else.

The best defense is to not have enemies.

country will always have enemy.

Not if we make sure to make everyone to be free to do what and establish communication that aims at resolution. Presently we do not do that because war is a racket. Our countries have monetary interest in NOT resolving conflict.

Gold has been a uniform currency since time immemorial. It's relatively straightforward to judge its purity, and it has functioned superbly as both a store of value and as a medium of exchange for thousands of years. Blockchains are another solution to the issue of non-standard currencies. I could very easily envisage a world that runs on thousands of different blockchains; it's not much different to how exchanges operate now.

Ultimately, decentralization is going to lead to more freedom. Even if a fiefdom crops up that is wicked and evil, its wickedness is restricted to its borders, and everyone else around won't stand for that shit. However, robo-communism isn't going to be the way to get there.

precious metals and cryptocurrency is the way to go. I agree with decentralization but it needs to be state level with a small federal government.

I disagree, but we've all got different opinions. In the interim, that's certainly the most stable system of governance.

Absolutely. The reason why Jacque talked about centralizing was because in his time there was no other way for us to have access to all the information about the resources and processes going on on the planet. If you read The Best That Money Can't Buy, you see that all that is really being called for is an open access to all the information about the planet and high tech algorithms to be able to extract information from it all. There is no decision being taken by computers, there is just calculation and measurement.

That's not what the Venus Project is suggesting. It is suggesting AI-administered communism.

No thanks. Hard pass.

Have you read The Best That Money Can't Buy?

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