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Something I wonder is if changing the rules around money could help align the short term incentives with long term outcomes. So we'd keep the "decentralized re
by pygy_ 8y ago
Something I wonder is if changing the rules around money could help align the short term incentives with long term outcomes.
So we'd keep the "decentralized resource allocation" part of capitalism, but with hopefully better sustainability...
- benlorenzetti 8y agoI think this is a major arguement for folks who criticize currencies. For example an energy based currency could be intrinsically ecologically conservative. Another example is continuous inflation of fiat currency (exponential growth), whereas all things that experience exponential growth in nature eventually run into a limit or another correcting factor.