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You’ve just invented capitalism and the stock market. Seriously though, in a free market system if you want to support space travel you would invest and thus ow
by smaryjerry 5y ago
You’ve just invented capitalism and the stock market. Seriously though, in a free market system if you want to support space travel you would invest and thus own a portion of companies making space travel possible. Problem is that theses systems are not going to be mutually exclusive like you want because everything will always be tradable. If I have gold and you have space coloration there will always be a trade that makes it worth while.
- __MatrixMan__ 5y agoIt might be properly called capitalism, but it's not the capitalism that we practice. Because the money we use is not specific about its intent, people have to accept or reject it all together. It's too big to fail. You can't decline to do business in slavery-money because you have no way of knowing which money is slavery-money. It's all just money-money. In a typed-value system, you can notice that a certain kind of value is associated with economic activity that hurts people, and you can respond by setting it to 0% in your wallet. This will prevent you from accidentally contributing to its continuation. If all of the good guys do this, then the only people left for the bad guys to do business with will be other bad guys--which will make it more expensive for them to operate. Sure, factions will emerge, but rather than being delusional about their own efficacy and a drag on the entire system, unsustainable or otherwise objectionable economies will eventually find that nobody accepts their money, and they'll have to change their ways. You shouldn't be able to retire on wealth made at future generations' expense. Instead, saving for retirement should involve contributing to endeavors that future generations will be happy about. > If I have gold and you have space coloration there will always be a trade that makes it worth while. By keeping gold to yourself (and out of the electronics that are useful for making space ships) you're holding back the projects that I think are important. So there's one reason for me to not value your gold, what reason do I have to value it?