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While commerce and trade are important, the basis of our existence is physical. We are physical beings with physical needs. Physical resources (energy, land, lu
by pacala 12y ago
While commerce and trade are important, the basis of our existence is physical. We are physical beings with physical needs. Physical resources (energy, land, lumber, food, water, etc.) all have owners in the real economy. Joe and Bob are unemployed, thus have no resources, thus have nothing to trade. The best they can do in your scenario is called dumpster diving, assuming recycling tech is not making garbage valuable to the real economy as well. Mass dumpster diving, that's your dystopia right there.
- guard-of-terra 12y agoSpecifically, Bob and Joe need oil (energy) to produce anything and it's expensive. If they create less value than oil they spent, they're a net loss for society.