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> More money has got to change hands. No, quite the opposite. If you really want to be bold about inventing the future, money is one of the things that needs t
by hxa7241 14y ago
> More money has got to change hands.
No, quite the opposite. If you really want to be bold about inventing the future, money is one of the things that needs to be replaced.
The internet is, in a general sense, a technology for cooperation -- for organising collective activities through shared information. Money is really just an information channel for doing that too, but it is now comparatively obsolete.
- josh33 14y agoMoney is a receipt given for value created. I think you mean to say that dollars and pesos should be replaced, which I agree with to a point. However, giving up money, to a government, is like giving up sovereignty. How could a government fund wars or welfare if they couldn't print money.
- eli_gottlieb 14y agoNo, money is a receipt given for rivalrous, excludable property owned, and then sold off, or for excludable services rendered. We thus have an economic system that hugely neglects the provision of commons and public goods.