What would your life look like in a perfect economy?

While there is a lot of conversation around about the Economic Improvement Proposal for and against and with everything in between, I was thinking about what happens if it actually works. Not necessarily this particular model and not necessarily just for Steem, rather at a general level. Discussions on economy are thousands of years old yet, we seem not much closer to being able to find a solution that satisfies us all.

It is very likely that there is no solution of course and it will always be an ongoing negotiation between participants that are trying to maximize their own value, options and capabilities. This is likely the way it has to be because the operating environment is continually changing making any "rule" no matter how good, less fitting the further the conditions shift.

I believe that this is why a decentralized governance model likely has the best change of satisfying the most people as there is freedom of action that is connected globally but performed based on local conditions. As the conditions at a local level change, behavior follows to adapt and take advantage or, avoid disadvantage and when many points are dong this, a flexible economy is created. Yet, to be practical and healthy, the model also has to allow for collaboration which means, trade of goods, services and ideas and to do this, there has to be a common set of rules that parties can somewhat agree and adhere to.

What I think we are working toward on Steem is such a model and due the histories we all hold, there is likely to be a great deal of variation in what we believe will work, even though our experience is limited to what we live and can't take into account the local conditions of others or their pasts. This makes it hard to create a one-size-fits-all set of rules as no matter what is selected, it is going to have varying degrees of harm and good for various groups, and because it will have to continually be under negotiation and revision, the harm and good will shift parties from time to time.

No wonder there has not been much to agree upon for thousands of years. The one thing everyone can agree upon though is that what we have now both in the world and on Steem is not working well enough and needs to change in some way. While few will agree on what those changes should be, the protocol of Steem is the common set or rules that we must all abide by, at least until the next change is implemented. While disruptive, none of the changes are set in stone and will always be part of the negotiation in the same way all economies shift and change over time.

But I have a question, what would it look like if Steem did happen to find an economic model that satisfied all participants enough and had the given flexibility in it to continually change with the changing world? What kind of environment would that look like if there was a high degree of acceptance that the economic model was working suitably at all levels? Hard to imagine at that level?

What would your own experience look like in a working economic model? Would you have a life of plenty? Would you have a luxurious life where your desires are met? Would you face any kind of suffering? Would you have the things you want, the home you want?

What about others in the system? Would they be able to live like you if they choose?

Something to think about I guess.

Taraz
[ a Steem original ]