Re:Time To Get Past Facebook And Invent A New Future
by josh33 on Thursday April 19, 2012 @09:36AM
(#3862896)
Money is a receipt given for value created. I think you mean to say that dollars and pesos should be replaced, which I agree with to a point. However, giving up money, to a government, is like giving up sovereignty. How could a government fund wars or welfare if they couldn't print money.
Re:Time To Get Past Facebook And Invent A New Future
by eli_gottlieb on Thursday April 19, 2012 @10:03PM
(#3866187)
No, money is a receipt given for rivalrous, excludable property owned, and then sold off, or for excludable services rendered.
We thus have an economic system that hugely neglects the provision of commons and public goods.
No, quite the opposite. If you really want to be bold about inventing the future, money is one of the things that needs to be replaced.
The internet is, in a general sense, a technology for cooperation -- for organising collective activities through shared information. Money is really just an information channel for doing that too, but it is now comparatively obsolete.