From: Damien Broderick (damien@ariel.ucs.unimelb.edu.au)
Date: Fri Sep 18 1998 - 18:59:37 MDT
At 11:46 AM 9/18/98 +0100, Charlie Stross wrote wisely:
>Let's just say it's a potlach economy.
>In which case, of course, we have an economic singularity.
>Any opinions?
Spot on, IMHO. In fact, it's the argument I made in THE SPIKE, pp. 116-9,
in the sections `Would you work without pay?' and `Potlatch beats greed'.
(It assumes, of course, that a lot of money will first be invested in
building the early mints or matter compilers - but capitalism should have
no trouble doing *that* much, since there'll be profits to made on the way
to the Titanic's glug-glug-glug.
Damien Broderick
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