[p2p-research] Fwd: Re: excellent contribution on flow moneybyMartienvanSteenbergen

[Michel Bauwens]

thanks Dmytri!

On Tue, Jun 2, 2009 at 12:48 AM, Dmytri Kleiner <dk at telekommunisten.net>wrote:

> On Mon, 1 Jun 2009, Michel Bauwens wrote:
>
>  Hi Dmytri,
>>
>> This is something I have sometimes trouble explaining.
>>
>> When we say that these new types of money increase supply, the standard
>> reply is: well,
>> but we already have too much of it, so which problem does that solve. Part
>> of the answer
>> is that it would go to the right people who need it, rather than being
>> hoarded by
>> speculators.
>>
>> Do you have any other arguments?
>>
>
>
> Hi Michel, as you know my own arguments are based on modes of
> production, I see money as being a secondary consideration.
>
> However, you seem to be on the right track above, the issue is not so
> much supply, but access. There may be plenty of supply, however it is
> very concentrated and therefore unavailable when and where is needed.
> Meaning that possesion of money allows you to capture value, since
> merely possessing money is not a contribution to production, value
> captured by money must be theft. "Neutral" money would not capure value.
>
>
> Cheers.
>
>
> --
> Dmytri Kleiner
> editing text files since 1981
>
> http://www.telekommunisten.net
>



-- 
Working at http://en.wikipedia.org/wiki/Dhurakij_Pundit_University -
http://www.dpu.ac.th/dpuic/info/Research.html -
http://www.asianforesightinstitute.org/index.php/eng/The-AFI

Volunteering at the P2P Foundation:
http://p2pfoundation.net  - http://blog.p2pfoundation.net -
http://p2pfoundation.ning.com

Monitor updates at http://del.icio.us/mbauwens

The work of the P2P Foundation is supported by SHIFTN,
http://www.shiftn.com/
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://listcultures.org/pipermail/p2presearch_listcultures.org/attachments/20090602/6869c53f/attachment-0001.html>