Post
Topic
Board Economics
Re: A Resource Based Economy
by
jtimon
on 25/06/2011, 13:10:28 UTC
By the way, 4v4l0n42, does your definition of RBE fit with this one?

Loosely. That is only concerned with resource abundance, it tells little or nothing about sustainability and intelligent resource management.

This is a bit more comprehensive:
http://www.youtube.com/watch?v=4mkRFCtl2MI

And the transcript, if you don't want to watch the video:
http://dotsub.com/view/9c2f8c32-f350-45fe-b053-7ad8dd526eec/viewTranscript/eng

I've watched the video. Is there a shorter definition?
Anyway, it says that social balance is impossible because of the free market. I don't think so. Removing the free market would be removing freedom, it doesn't matter if people give it to politicians, "experts" or machines.
I agree with the video when it says that the monetary system is highly corrupted. Bitcoin partially solves that. But I also think that interest (thus capitalism) is incompatible with social justice. That's why I proposed freicoin inspired by Gesell's ideas.