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Money actually provide some nice features for certain decentralized optimization problems. Agree with you on how things could be a lot more community driven th
by CuriousSkeptic 8y ago
Money actually provide some nice features for certain decentralized optimization problems.
Agree with you on how things could be a lot more community driven than the current approaches though.
From thinking about the commons based approaches that has proven to work so well in information systems. I stumbled upon Henry George and geo-libertarianism. That line of thinking provides some promising ways to move things in the right direction. Even if keeping money around.
In essence take the commons as the natural state, everything belongs to everyone. To create private or public propert from that, you first need to figure out how to compesate for the lost commons. From there flows interesting ideas such as land value taxation and public dividends.
Fully internalizing the cost (to the commons) of private ownership also should dampen the hoarding problem so evident in capitalism.