Post
Topic
Board Economics
Re: A Resource Based Economy
by
LightRider
on 26/06/2011, 08:56:18 UTC
Price mechanism, price mechanism, price mechanism!

RBE folks please explain to me if you think money is emergent (naturally occurring)?

And if so what fundamental problem does it solve?

Everything is emergent, as we live in an emergent universe.

Money has outlived its usefulness, as it was developed in response to real or perceived scarcity, along with the development of early forms of government and society. We currently enjoy a highly technical society that can produce far greater resources for people through the full use of our technical and scientific capabilities. Unfortunately, the dominant monetary system and associated institutions resist such progress due to distorted values.

Money is no longer needed, as its current dominant function is to deny people what they need to survive if they fail to have enough of it.

A resource based economy requires that we learn what resources we have available on this planet and use them intelligently to provide a higher quality of life than the richest people enjoy today. Without such knowledge of our current resource availability, we are left with a flawed monetary system and a wasteful, destructive and abusive pricing mechanism that is functioning only to improve its own arbitrary and irrelevant metrics at the expense of human life and ecological stability.

Let me phrase the question like this
"What problem does (or did in your view) the pricing mechanism solve?"

Please focus on only that question as I am aware that you believe mankind is now at the point where you believe we can function without a pricing mechanism.

Pricing attached opinionated value metrics to materials, goods or services based on perceived relative worth, desirability or necessity. It is usually easier to do this when there is an agreed upon currency scale that can be used across distance, culture and time. This system hinges on the currency in which it is valued in and the entity who enforces its use, and therefor subject to abuse, waste and increasingly negative consequences.