4 ms·
As always with these kinds of ideas, it can never work, in this case due to Gresham's law: bad money drives out good. No prostitutes or manual laborers (good mo
by smabie 6y ago
As always with these kinds of ideas, it can never work, in this case due to Gresham's law: bad money drives out good. No prostitutes or manual laborers (good money) are going to trade their time. Only aspiring actors, amateur artists, and etc (bad money) will be willing to participate in the market.
You can't get around money, at least not as a large scale economic system.
- tuesdayrain 6y agoThat's a very interesting explanation for why most supporters of communism I see are artists, actors, or just generally unemployed.