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>>>We're switching to a world in which the vast majority of the population is useless, economically. There is no reason for them to be alive, no value in it. T

• VLM 14y ago
  That's insightful but probably not the way you meant it. Its insightful in that "everyone" or "every citizen" or whatever used to be involved in "the" economy (as if there can only be one) and its a perfect 1:1 mapping with the world or a geographic country. That's going away. Fast. What will 99% of the population use for an economic system? In the 3rd world there's a lot of drugs and crime, so thats possible. Whuffie or however doctorow spells it? HN Karma? Its kinda like how the "world of warcraft" economy means pretty much nothing to the people frozen out of it (the vast majority of the human population). Current trends show eventually 1% of the population will have a perfect 100% of the existing economy, at which point the old economy and the 1% will become completely meaningless to the 99%. Our economy will be based solely on trading wheelbarrows of firewood, or wheelbarrows of weed, or bottles of Tide, or bitcoins, or EVE ISK, or solar energy in the form of charged batteries, or oil products, whatever it is, it'll be something other than the existing federal reserve currency system which is rapidly becoming irrelevant to the world, and soon to the USA.
  • mikecane 14y ago
    >>>What will 99% of the population use for an economic system? That is the problem of the modern world. Who intends to solve it? And it's not like Everything Has Been Done. Just look at the old crumbling infrastructure. Work needs to be done.