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wcerfgba | 1 year ago

Value and price are not the same thing. Money is a form of access control which limits the availability of scarce resources to those people and organisations which have enough funds. It also collapses the value of all things to a single dimension. There are other ways to decide how much of something is produced and how it is distributed, for example participatory economics.

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TheOtherHobbes|1 year ago

Money isn't just a form of rationing, it creates the scarcity it claims to solve.

A neoliberal economy wastes talent and skill in much the same way an ICE wastes most of the energy from the gas it burns. Vested interests clog up the engine and keep it from running cleanly and efficiently.

This doesn't just create pollution of all kinds - physical, social, political, and ecological - which makes the environment a very unpleasant space for most humans.

It also puts a hard cap on the maximum speed, which is nowhere close to what's possible.

goeiedaggoeie|1 year ago

pricing is the exercise of determining value, even in a non monetary economy (think barter or contribution) you still need to price the value of materials and time. obviously money creates secondary effects which are not related to value due to arbitrages and other effects, but I do not believe you can have finite resources without determining value, which is what I meant by pricing.