1. Not everyone takes Econ 101. 2. Econ 101 is usually taught from a Keynesian point of view (if you study Keynes' life you'll find out how much he really knew

1. Not everyone takes Econ 101. 2. Econ 101 is usually taught from a Keynesian point of view (if you study Keynes' life you'll find out how much he really knew about economics) 3. I'm talking about the stuff that starts at 5:50 here: https://www.youtube.com/watch?v=PgsS683F76M https://www.youtube.com/watch?v=PgsS683F76M . If you understand that you can understand that from the selfish desires of two people to profit, they end up helping each other. This is something I believe Objectivism phrases another way and people have trouble understanding - Obama himself said "I don't know when they decided they wanted to make a virtue out of selfishness", which shows even the president doesn't understand this point. So you probably haven't had your aha moment yet, as most people. There are several of those epiphanies, though. Another one that you're due is realizing money is just an indirection for labor. It's proof that labor was performed usefully by someone else at some point in time. It's a concretization of capital so we can work a bunch and decide to utilize the capital earned at a later point in time. Which means any vilification of money is baseless as money is just a product that everyone collectively decided is acceptable in any direction of a given exchange. Money is a shortcut, it does not cause evil, and if we banned all currencies and precious things we'd still come up with tying knots on grass blades or something - anything to prove that some labor was done at some point, and to decouple the two sides of any exchange (1. selling something I have, 2. getting something I want). Again, I'd recommend the Praxeology videos linked above. I wonder what other means of exchanging with other people you can think of that is not money and the desire to profit (praxeologically, feeling good about donating is a profit). To your question as to how buying seats is an improvement... it's because it makes the process transparent. Today's seats are also for "sale" but it's a complicated path full of influence games to get to the point you can even "bid" (watch House of Cards to see what not implementing this Icelandic idea begets).