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RE: Steemit Is Going To Be Successful Because It's Finally An Environment Where The Free Market Can Be Left To Work (plus the corruption of capitalism)

in #money8 years ago

The underlying question is if a being that is for whatever reason not able to create value to the community - should it loose its right to physically exist or should it be up to the community to decide that?
This scenario will have different outcomes depending on the size of the community as well as the community internal value system.
Think of how one life is valued in China vs. for example in Island or any western society.

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Great comment and you have highlighted something I didn't mention in my post.
As someone who has no physical or mental limitation I have no excuse. I am fully capable of providing value to the marketplace and it's therefore my responsibility to do so.

However, I do not place the same expectations on those who have genuine physical or mental limitations.

In my capitalistic pursuits, I will make profits. I will happily pay tax on those profits (under certain conditions).

I'll happily pay my taxes if that money is allocated to take care of these genuinely vulnerable people.

What needs to be clear is when someone has a genuine limitation and when they are 'swinging the lead' as we would say in the UK (i.e. making excuses for being lazy).

Many people pretend they have a limitation when in reality it's their poor attitude that's the problem.

Thanks for excellent reflections. Since you seem to be in the UK I was wondering if you are aware of Private Placement Platforms and how this form of "value" or profit generation plays into a community theory of value creation and distribution? Here is an example to explore: http://www.privateplacementplatforms.com/ - not many are aware of these structures that are part of the fiat federal reserve central banking system. And those are the ones that can be easily detected ;-)

No matter how much I seek, much will still remain unfound :)

Sad but true - I concur ;-)

This is not a concept I am familiar with mate. Thanks for sharing. I'll take a look :)

Interestingly we live in an environment strongly influenced by concepts that very few are familiar with. Seek and ya shall find ;-)

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