
Originally Posted by
mashman
A good/service/production has a value. That value is X based on scarcity/time/materials etc... used to produce. The first "problem" is who is going to value the "resources".
No . the valuie of the item is the cost of the labour to get it (here si where I would put a "profit" for the bisiness owner - his paymnt for his work) ... plus the orher costs (fuel, electricity machnery running costs) ... if this is a piece for further productrion then it becomes part of the cost of the next step ... whether or not the resource has any value depends on its use value, not its symbolic monetary value.
The second "problem" is where are the profits going to go? It doesn't all go into the National Dividend, so we're going to have to produce more money.
Yes - which is where the "priting money" stuff comes from .. yes it is necessary to print money.
The profit/earnings becomes dead money, granted ready to be used at some point, but it does not have to be used. It'll sit in the "bank" doing nothing.
Yes - this is why I said "a whole host of factors mean that there is never quite enough money to equal all the goods in circulation"
So more money is produced. So for every $ of dead money you're going to have to print another live 1 as it has technically gone out of circulation. Sure you could put an expiry date on the money to stop this, but then all you're encouraging is rampant consumerism. We'll end up with production driving consumption again.
No .. the problem is how much money to print .... how to calculate the exact value of the goods in circulation availabel to be purchased, so that there is an exact amount of money in circulation ... purchasing power must equal available goods . otherwise you get all the negative things that happen in our economy now .... and it must be an exacvt equation or the system wil not work. You do not have to know how much dead money there is - you only have to kno the value of goosds to be purchased (a hard one I admit) and thje total amoutn of money in circulation ...
See, I can't afford to buy that new bike because I don't have enough money ... when there are too many people with not enough money goods do not move (are not sold) bad for the manufacturer ... no income ... must lay off staff (now there is even less money in circulation) ... THis is not rocket science ...
"Consumerism" as you put it is not necessarily "a bad thing" .. over consumption certainly is ... but rampant consumerism occurs when the symbols circulating in the economy outweigh the goods available to be puchased ..
This is from the link that Oldrider threw up. It's worth a wee read as it explains the banking system and Social credit quite well. It also explains "my idea" right up to point of "5. Arrival of a refugee". Instead of managing themselves by resource, they decided that they needed money and it all went tits. The happy ending being Social Credit to save the day. But what happens when they're down to their last dozen trees? The price of a spinning top will be astronomical.
Naaa .. see that is the law of supplyy and demand .. but if the total of the value symbols circulating in the economy equals ths value of the goods available to purchase then supply and demand does not apply. Value is not placed in that context.
The solution being to print more money so that the spinning top can be bought. Does that stop the last dozen trees from being chopped down? No. And once that happens, how does the chippy earn his money? An RBE would tell the others to get fucked, there's nearly no trees left, we need them for essentials and essentials only and with any luck that'll give the time for more trees to return... and if it's a financialless RBE (is there any other way?), then his life will not be impacted by becoming unemployed. Praprs he'll retrain.
Hmmm ... the trees aere growing in value - why cut them down all at once? There has NEVER been a biological species which has any kind of value go to extinction ... (are farm animals on the verge of extinction? Hell no. Are wild animals? Hell Yes!!!) there have been species with no value go to extinction .. if soemthignis worth money it is worth conserving .. if it has no value who gives a fuck ... and itr dies ... If the trees are so important the chippy will replant .. ensures on going supply ..
blah blah blah... a symbolic exchange mechanism just doesn't work on the scale we're talking about these days and irrespective of how it is created, money still flows up.
WTF ???? Money is a symblic exchange mechanism ...
"So if you meet me, have some sympathy, have some courtesy, have some taste ..."
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