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Swap the word "credits" for money and you have our current system. No need to create a tyrannical government to force people to do deeds of arbitrary value for
by IanDrake 7y ago
Swap the word "credits" for money and you have our current system.
No need to create a tyrannical government to force people to do deeds of arbitrary value for elderly people.
- jv0010 7y agoI just don’t understand why people see this as the same thing - the value of money is always vulnerable to a myriad of factors however our moral interest towards each other seems (maybe I’m optimistic ) to be more consistent
- IanDrake 7y agoHow does one measure value and then store it? That's kind of the definition of money. A money market account is insured and the real return is 0%, so it's not as vulnerable as you seem to think. You can call money a credit. Then you can assign credits to actions and create a moral police to assign credits to people who do these actions and enter those credits into a leger. And now you've recreated communist China. Congrats.
- c22 7y agoI mean to be fair the current system is "a $400T financial timebomb". I think your parent comment was trying to imagine a system for taking care of the elderly that wasn't so entwined with existing financial markets.