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Yes, this is an important refinement of my position. And the next refinement would be to quantifiably measure the value of different stuff and prioritize and al

Yes, this is an important refinement of my position. And the next refinement would be to quantifiably measure the value of different stuff and prioritize and allocate resources among the products, taking into account their changing value over time and with respect to how much we already have. I'm sure we could keep going with this... But really if we could just start thinking in terms of stuff rather than money I think we'd be doing well :-)

pdonis 5y ago
> if we could just start thinking in terms of stuff rather than money Well, there are good reasons for thinking in terms of money instead of stuff for ordinary everyday affairs. It's a lot easier to keep track mentally of transactions if there is a common unit of value to assign to lots of different kinds of stuff. The issue isn't money in itself but the supply of money, and who gets to control it. Ideally the money supply would be fixed by something that nobody could manipulate. But no society in history has been able to actually achieve that ideal.