A modern economy circulating products and services throughout the world doesn’t need money or sovereign countries (national currencies) to be successful. Today, we’ve the scientific knowledge and technological skills to convert our natural and artificial resources into daily life-sustaining deliverables: food, housing, education, healthcare, infrastructure, and employment demands. What we lack is unity, a global framework built upon fair and humane laws and safe and healthy industrial practices. I hypothesize that humanity can end poverty and reduce pollution by abandoning wealth and property rights, and instead adopt and implement an advanced resource management system that can provide “universal protections for all”. Replacing customary political competition altogether, this type of approach, which I named facts-based representation, allows us a better way to govern ourselves and our communities, basing policy and decision making on the latest information, in turn improving the everyday outcomes impacting our personal and professional lives.
Well that's certainly right. Which is why such stupid stuff happened when interest rates were zero. (Interpret zero interest rates as a comment on the pretended value of your time. ) The fact that human life is finite is the ultimately the basis of all economics and finance.
But each and every one of us are truly unique, one of a kind artwork pieces made by Nature, we are in fact so special that to put a price tag on us would break the bank. It’s like charging someone for air whose existence depends on breathing oxygen. One human lifespan, limited by the laws of physics, cannot be measured by dollar values; each of us priceless. It doesn’t make sense, too costly and impractical, so we give away our precious time and accept wages and salaries, and global poverty, because business-owning requires of society a reduction in one’s self-worth. The worker is not a person, but instead a thing that can be bought and sold just like any other commodity. The worker is not paid on account of being special like a highly detailed, custom-made item garnering true appreciation. Even though we need each other, and depend on the innovation and creativity of those long dead, the monied world cannot afford to measure humans at their actual values. The monied world skews how we assess ourselves, corrupting our definitions of goods and services. For example, who pays the apple tree for making free fruit? Who pays the mother and father for birthing the world a future worker? We need air to survive, but we don’t need money and fiat currencies or companies. Wealthy people need those contrivances, for sure. But at what cost to humanity, our planet? These are just questions to think about.
A modern economy circulating products and services throughout the world doesn’t need money or sovereign countries (national currencies) to be successful. Today, we’ve the scientific knowledge and technological skills to convert our natural and artificial resources into daily life-sustaining deliverables: food, housing, education, healthcare, infrastructure, and employment demands. What we lack is unity, a global framework built upon fair and humane laws and safe and healthy industrial practices. I hypothesize that humanity can end poverty and reduce pollution by abandoning wealth and property rights, and instead adopt and implement an advanced resource management system that can provide “universal protections for all”. Replacing customary political competition altogether, this type of approach, which I named facts-based representation, allows us a better way to govern ourselves and our communities, basing policy and decision making on the latest information, in turn improving the everyday outcomes impacting our personal and professional lives.
#ScientificSocialism
Thank you for your comment. I disagree with every word.
Thank you for taking the time to reply. Personal time-- our least infinite, most valuable resource on Earth. ❤️
Well that's certainly right. Which is why such stupid stuff happened when interest rates were zero. (Interpret zero interest rates as a comment on the pretended value of your time. ) The fact that human life is finite is the ultimately the basis of all economics and finance.
But each and every one of us are truly unique, one of a kind artwork pieces made by Nature, we are in fact so special that to put a price tag on us would break the bank. It’s like charging someone for air whose existence depends on breathing oxygen. One human lifespan, limited by the laws of physics, cannot be measured by dollar values; each of us priceless. It doesn’t make sense, too costly and impractical, so we give away our precious time and accept wages and salaries, and global poverty, because business-owning requires of society a reduction in one’s self-worth. The worker is not a person, but instead a thing that can be bought and sold just like any other commodity. The worker is not paid on account of being special like a highly detailed, custom-made item garnering true appreciation. Even though we need each other, and depend on the innovation and creativity of those long dead, the monied world cannot afford to measure humans at their actual values. The monied world skews how we assess ourselves, corrupting our definitions of goods and services. For example, who pays the apple tree for making free fruit? Who pays the mother and father for birthing the world a future worker? We need air to survive, but we don’t need money and fiat currencies or companies. Wealthy people need those contrivances, for sure. But at what cost to humanity, our planet? These are just questions to think about.