From: Jim Legg (income@ihug.co.nz)
Date: Sun Feb 02 1997 - 15:41:43 MST
Yesterday I changed to Office 97 and lost my inbox. Now several extropy posts will have to go unanswered, sorry. Because of the reply format in Outlook, it may take me awhile to disable the indent.
Mlorrey:
#1 I haven't heard you state any reasonable alternatives to price
signals.
Transactionally complete intrinsic quantity/quality assessments in EVERYONE'S deficit accounting systems will do the trick.
#2 Who or what's safety is jeopardized by price signals?
The unplanned collapse, caused by loss of confidence, of an economic system is an unsafe environment.
#3 Given there are a finite nuber of people on this planet, each with a
finite number of hours in the day to do work, and with a finite level
of skills, as well as with a finite amount of resources to apply those
skills and hours to to increase or add value, it is obvious that there
would be a finite source of money. To think otherwise would be to risk
the sort of chaotic insanity seen in the "print more if we run out"
attitude of the idiots running formerly communist states like Russia,
who have no concept of rational economic management.
Nanotechnology is quite capable of reusing so-called waste and we are emerging from the conditions you describe to its opposite, so I don't accept your givens need to exist for reasons other than for harsh reasons. All deficits can be infinitely adjusted. Don't accept the Hegelian Russian experiment has validity unless you are feigning to the mundanes.
1) because since cash is mostly in a form
that wears out (the average paper dollar bill has an average life of
less than one year, due to its flimsiness) they need to track its flow
and maintain a healthy supply of said forms of money.
What's this got to do with a future cyber culture? Your arguments sound a little out of place on the extropy list. I came down in the last shower, right?
I HIGHLY recommend that you first take a few REAL courses in economics
before you go spouting off about its supposed obsolescence.
Please don't patronize as a way to side-step the vast structural damage caused by old systems. First take a few REAL courses in ruling class conspiracy.
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