A Resource Based Economy

[cbeast]

The Resource Based Economy status is too advanced and individuals that think about it are too advanced beyond the pack, I don't think we will see it during our life times. There are way bigger chances that BTC becomes the global ledger and we all become rich than seeing RBU during our lifetimes.

There's no reason for anyone to think about it. RBE would be background tasks while we accomplish greater and greater goal. There is also a good chance BTC becomes the global ledger but never becomes extremely valuable because of leverage, velocity, unintended consequences.

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[LightRider]

Every monetary system encourages stratification, division, conflict and paranoia. The recent BitcoinXT censorship disgrace is a testament to this. Shameful but not unexpected.

[V for Varoufakis]

Every monetary system encourages stratification, division, conflict and paranoia. The recent BitcoinXT censorship disgrace is a testament to this. Shameful but not unexpected.

I disagree. Keynesian monetary system provides balance. Read more about Cambridge cash-balance theory:
https://en.wikipedia.org/wiki/Cambridge_equation

[cbeast]

Every monetary system encourages stratification, division, conflict and paranoia. The recent BitcoinXT censorship disgrace is a testament to this. Shameful but not unexpected.

I disagree. Keynesian monetary system provides balance. Read more about Cambridge cash-balance theory:
https://en.wikipedia.org/wiki/Cambridge_equation

Theories like this are only testable under closed experimental conditions. Economics is the dismal science because it always fails.

I would modify the statement that every organization schisms because of conflict and paranoia. That includes RBE organizations as well as Bitcoin Foundation and Bitcointalk.

[ngupowered]

Every monetary system encourages stratification, division, conflict and paranoia. The recent BitcoinXT censorship disgrace is a testament to this. Shameful but not unexpected.

Money, in free market capitalism, whether it be: government controlled fiat, gold, or some other means of wealth storage, simply being just another commodity traded for, is merely an extension of the capitalist structure itself, and thus inherits all of its properties - read: nothing good.

[LightRider]

#BlackMonday

http://www.zerohedge.com/news/2015-08-24/black-monday-brings-global-market-rout-investors-mourn-death-central-bank-omnipotenc

"Black Monday" Brings Global Market Rout, Investors Mourn The Death Of Central Bank Omnipotence

[cbeast]

Every monetary system encourages stratification, division, conflict and paranoia. The recent BitcoinXT censorship disgrace is a testament to this. Shameful but not unexpected.

Money, in free market capitalism, whether it be: government controlled fiat, gold, or some other means of wealth storage, being simply just another commodity traded for, is merely an extension of the capitalist structure itself, and thus inherits all of its properties - read: nothing good.

That depends on how free the market is. Money has too much friction in this system. If it becomes so free that it's impossible to use real world influences on it like politics and guns, then resource distribution would be unhindered and trade would flow freely to where it is needed most. I'm not saying this is feasible yet, but it may be possible. Bitcoin is reasonably frictionless and will become moreso.

[ngupowered]

That depends on how free the market is. Money has too much friction in this system. If it becomes so free that it's impossible to use real world influences on it like politics and guns, then resource distribution would be unhindered and trade would flow freely to where it is needed most. I'm not saying this is feasible yet, but it may be possible. Bitcoin is reasonably frictionless and will become moreso.

You are free to trade over 600 cryptocurrencies, gold, GOV. fiat of your choosing, or even wheat and salt, among other things, so I'd say you are as free as you can possibly be. That some trades are banned/prohibited by law, no doubt due to its negative effect on society as a whole, does actually not affect competition, since we may view any such prohibition as uniform.
Furthermore, how does a consumer benefit from having 600 currencies to chose from - do businesses support them all?

[RealBitcoin]

Sorry but this Resource Based Economy is just a Marxist Delusion Fantasy.

There isnt a more efficient way to allocate resources than in the free market.

If you want to "control" the markets, then that implies that you are an "omniscient" person that knows the best for humanity and the economy.


Such assumptions are very imbecile, egomaniac, dishonest, and moronic. No human is omniscient, so fuck off.


Stop deciding for others, let everyone decide their own finanicials, and economic participation.

Fucking control freaks!

[LightRider]

free market

No such thing.

[V for Varoufakis]

Sorry but this Resource Based Economy is just a Marxist Delusion Fantasy.

There isnt a more efficient way to allocate resources than in the free market.

If you want to "control" the markets, then that implies that you are an "omniscient" person that knows the best for humanity and the economy.


Such assumptions are very imbecile, egomaniac, dishonest, and moronic. No human is omniscient, so fuck off.


Stop deciding for others, let everyone decide their own finanicials, and economic participation.

Fucking control freaks!

1) The capital controls in Greece: What is the difference from Marxism?
2) The Emergency Economic Stabilization Act of 2008 in the USA: What is the difference from Marxism?

Stop deciding for others, let everyone decide their own finanicials, and economic participation.

Fucking control CAPITALISTIC freaks!

[RealBitcoin]

Sorry but this Resource Based Economy is just a Marxist Delusion Fantasy.

There isnt a more efficient way to allocate resources than in the free market.

If you want to "control" the markets, then that implies that you are an "omniscient" person that knows the best for humanity and the economy.


Such assumptions are very imbecile, egomaniac, dishonest, and moronic. No human is omniscient, so fuck off.


Stop deciding for others, let everyone decide their own finanicials, and economic participation.

Fucking control freaks!

1) The capital controls in Greece: What is the difference from Marxism?
2) The Emergency Economic Stabilization Act of 2008 in the USA: What is the difference from Marxism?

Stop deciding for others, let everyone decide their own finanicials, and economic participation.

Fucking control CAPITALISTIC freaks!

How is capital control have anything to do with capitalism?

Capitalism = free trade, thats all it means.

If you impose control on it, in any shape or form, then you are a marxist, or they are a marxist.

[herzmeister]

Capitalism = free trade, thats all it means.

nop, that's not really what it means.
Wikipedia: "Capitalism is an economic system in which trade, industry, and the means of production are largely or entirely privately owned and operated for profit."

Thus, a public/private dichotomy is implied.
Such a dichotomy can only exist with a state.

Maybe you'd rather want to re-align your position to Markets, not Capitalism.

Though anthropologists like David Graeber would argue that even those free markets would and could not exist without a state, because that's not how humans would naturally self-organize. Humans used to live together in tribes, and you don't barter tit-for-tat in your own family.

[V for Varoufakis]

The means of production MUST belong to the state, so the people can control them with their vote. You cant control a private company with your vote. This is why capitalism is a sick, pervert, fascist system.

[RealBitcoin]

Capitalism = free trade, thats all it means.

nop, that's not really what it means.
Wikipedia: "Capitalism is an economic system in which trade, industry, and the means of production are largely or entirely privately owned and operated for profit."

Thus, a public/private dichotomy is implied.
Such a dichotomy can only exist with a state.

Maybe you'd rather want to re-align your position to Markets, not Capitalism.

Though anthropologists like David Graeber would argue that even those free markets would and could not exist without a state, because that's not how humans would naturally self-organize. Humans used to live together in tribes, and you don't barter tit-for-tat in your own family.

Why is a public/private dichotomy implied?

If ownership is clearly defined, what you purchase, by voluntary agreement/contract, is yours.

A free market system with a ownership registry system (blockchain?) could do the job. Free market is the best.

The means of production MUST belong to the state, so the people can control them with their vote. You cant control a private company with your vote. This is why capitalism is a sick, pervert, fascist system.

Why would you want to control it at all?

A private company is a company owned by somebody. Would you like if a gang break into your house and started "controlling" your house?

No? Because it is your house.

Why would you want a private company be controlled by mobs of retarded masses that know nothing about business.... You have no clue how economy works...

[LightRider]

What is the free market value of a human life? Of a livable planet? Of a relevant education?

[RealBitcoin]

What is the free market value of a human life? Of a livable planet? Of a relevant education?

Equivalent of that person's potential capacity to generate wealth/progress for the human race.

A drunk/drug addict/smoking lazy welfare junkie wife-beater socialist drinking all day and watching TV, and living on other people's money is worth very low amounts.

A creative/inteligent/inspirational person, that even if its poor, but has the potential in him to change humanity for the better, is priceless

__________________________

A livable planet is very important, many companies are already concerned about the polution and enviromental hazard that is put out. Of course they are powerless agains the oil cartels, which are financed by the government in almost all cases.

__________________________

Relevant education is very important. Have you visited a private school? I did, and they put tons of emphasis on the real education and development of the children. Plus they got caring and passionate teachers.

Government schools have usually a mentally ill or pedophile person teaching many children, in an opressive, communist style "memorization" method.
You are not allowed to ask questions, and you are always doing what the teacher tells you , otherwise your are expelled or failed. Very good method, what can I say....

[LightRider]

What is the free market value of a human life? Of a livable planet? Of a relevant education?

Equivalent of that person's potential capacity to generate wealth/progress for the human race.

A drunk/drug addict/smoking lazy welfare junkie wife-beater socialist drinking all day and watching TV, and living on other people's money is worth very low amounts.

A creative/inteligent/inspirational person, that even if its poor, but has the potential in him to change humanity for the better, is priceless

__________________________

A livable planet is very important, many companies are already concerned about the polution and enviromental hazard that is put out. Of course they are powerless agains the oil cartels, which are financed by the government in almost all cases.

__________________________

Relevant education is very important. Have you visited a private school? I did, and they put tons of emphasis on the real education and development of the children. Plus they got caring and passionate teachers.

Government schools have usually a mentally ill or pedophile person teaching many children, in an opressive, communist style "memorization" method.
You are not allowed to ask questions, and you are always doing what the teacher tells you , otherwise your are expelled or failed. Very good method, what can I say....

Nowhere in your answer did you indicate a dollar amount. How can an economic system be responsible to society if it can not reckon the most important things in life? Upon who's subjective valuations do we rely as a society to determine who gets to starve to death or what part of the planet gets polluted? When we let corporations control education, what values and knowledge base will they want society to have? Probably not the ones that question their power and authority.

There is value in the world that cannot be measured in money. There is damage done that cannot be fixed by money. Money is a worthless non-thing that has killed too many and destroyed too much.

[RealBitcoin]

Nowhere in your answer did you indicate a dollar amount. How can an economic system be responsible to society if it can not reckon the most important things in life? Upon who's subjective valuations do we rely as a society to determine who gets to starve to death or what part of the planet gets polluted? When we let corporations control education, what values and knowledge base will they want society to have? Probably not the ones that question their power and authority.

There is value in the world that cannot be measured in money. There is damage done that cannot be fixed by money. Money is a worthless non-thing that has killed too many and destroyed too much.

Corporations are a governmental entity that is owned by private investors. Sort of a private government to be more precise.

There is nothing free market in a corporation, free market =/= corporatism

Historically, corporations were created by a charter granted by government. Today, corporations are usually registered with the state, province, or national government and regulated by the laws enacted by that government.
.....

Generally, a corporation files articles of incorporation with the government, laying out the general nature of the corporation, the amount of stock it is authorized to issue, and the names and addresses of directors.Once the articles are approved, the corporation's directors meet to create bylaws that govern the internal functions of the corporation, such as meeting procedures and officer positions.

You fail to see the connections....

[LightRider]

Nowhere in your answer did you indicate a dollar amount. How can an economic system be responsible to society if it can not reckon the most important things in life? Upon who's subjective valuations do we rely as a society to determine who gets to starve to death or what part of the planet gets polluted? When we let corporations control education, what values and knowledge base will they want society to have? Probably not the ones that question their power and authority.

There is value in the world that cannot be measured in money. There is damage done that cannot be fixed by money. Money is a worthless non-thing that has killed too many and destroyed too much.

Corporations are a governmental entity that is owned by private investors. Sort of a private government to be more precise.

There is nothing free market in a corporation, free market =/= corporatism

Historically, corporations were created by a charter granted by government. Today, corporations are usually registered with the state, province, or national government and regulated by the laws enacted by that government.
.....

Generally, a corporation files articles of incorporation with the government, laying out the general nature of the corporation, the amount of stock it is authorized to issue, and the names and addresses of directors.Once the articles are approved, the corporation's directors meet to create bylaws that govern the internal functions of the corporation, such as meeting procedures and officer positions.

You fail to see the connections....

The state is an extension of the "free market".