Re:Future Economy (2010) [video]
by aiNohY6g on Friday December 30, 2016 @11:15AM
(#13285063)
Even if you optimize the supply/demand problem, you just can't rule a finite world with infinite desires. At some point, there are things you need to give up. The question is: which things, and when?
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exactly. Money helps solve this problem.
This problem = boundless desires. Money is just some kind of palliative care, not a cure.
Money easily allows you trade-off various needs and desires, and focus on the ones you really want.
If you need money to prioritize your desires, money is just a workaround for your lack of judgment. If you go this way: the things you really want are the ones that probably a lot of people want too. Then enters the offer/demand relation, and the price you have to pay for it is consequently not connected anymore with its cost. In the end, you pay much more.
I do agree we we need to think at the individual level first. I means we have to think out of social/collective convention during this first step. Money is one of it. Desire is not. Let's start with desire, then figure out what we can do with money?
Re:Future Economy (2010) [video]
by icebraining on Friday December 30, 2016 @12:29PM
(#13285633)
If you need money to prioritize your desires
No, one needs money to prioritize one's desires relative to the availability of resources. Two persons might have the same order of preferences (A > B > C), but one person might rather have (A) alone, while the other prefers to have (B, C). By having an universal credits system, the two can bid on stuff and come out with a good compromise.