Topic: Imagine that economy that we know it today is not needed.... - page 5. (Read 608 times)

What do you mean by "the builders of society", the proletariat? And those "working hard for financial incentive" are the bourgeois?

I think everything Crypto-Currency doesn't need is a "Class Struggle". The truth about this is that everyone is fighting for power, control and money. These activists, social groups, just use the poors as their meat shield on this battle, but once they reach the power, there won't be any equality, they will become unproductive nobles ruling a chaotic miserable society.

On the theory everything is always beautiful, but on practice always failed so far... But they are always prepared to try again saying this time will be different (and it always end with people trying to run away to foreign neighboor countries).

The economy as we know it today treats human being as a resource. The governments and big business work together to create "opportunities" for the masses. These opportunities take the form of new investments, bigger factories, faster rails, wider roads and so on.
The masses on their part, sell their time, creativity, muscle power in exchange for a cheque at the end of the month.
The system works as long as there is scope for the "opportunities" discussed above.

This system has fostered inequality, consumerism and is leading to an unsustainable use of resources with a constant focus on "growth" as the buzzword.

When I came across bitcoin and blockchain for the first time, the thing i was most excited about was its ability to allow people to sell and buy services/ goods without borders and without being dependent on a government. You can choose the love of your labor, decide to earn in bitcoin and maybe get all your needs fulfilled with the money that you earn from it, because that is the currency too, right.
Wrong, the governments will never allow this sort of "choice" to the masses. The wealthiest elite, the corporations and governments together create scarcity and the sanctity of money. They tell you what you need, how much you have to earn and we as masses toil day-in and out to buy things we don't need and then pay taxes on them.
We get sick and we are told that its crazy expensive to be better so you need medical insurance.
We need education and we are told its crazy expensive to get it so you pay for it and your parents toil for it ensuring that they spend their lives as cog in the wheels in hopes of a brighter future.

This is what i hate about this present system and truly hope that one way or the other, the masses will someday have the liberty to choose what they work on and how they get paid. Thats what i feel bitcoin and blockchain can do.
The government and the wealthy elite won't need to create wars, social unrest and crime to keep us on our toes. I mean seriously, think about it, with the kind of power and reach that governments have, is it really that difficult to ensure a crime free country?? They could reach out to us in constructive ways and probably solve these problems but do they want to?

Even with a world that bitcoin is the only currency available, there's still so inequality. Communism runs against human nature, that's why it has all but vanished. I really think the only time there will be complete "equality" is when we have transcended humanity in some sci-fi sort of stuff, with humans having very little needs and not much wants.

Global wealth distribution is unsolved issue because of the different countries having different modes of development. There are huge differences between the two countries in the world, one could be in the war of freedom and one could fully developed metropolitan and when this happens the whole wealth distributes towards the developed country because they hold the power.

Yes, I believe that and read many times 1% of the richest people holding big assets and they are the actual leader in the economy of the world.

Now crypto currency is that asset which is also held by many whales in the first place and creating the same impression as that of the fiat wealth distribution. This reminds me the fact of "Rich gets richer, while poor get poorer".! Hope

You are not right. Even in the times of cavemen existed inequality. Was the chief of the tribe who enjoyed the privileges. There was some kind of religion. Values were different. They didn't have Bentley. but there was a place near the fire, it was more skins. They lead the hunters and not risked his life hunting. In any society there are inequalities. The money in the economy is the only mechanism for the redistribution of wealth. The desire to have more than others is characteristic of all people in any society and in any economy. Karl Marx did not starve.

One particular motive for individual profits is the value of possessions attainable by that individual on exchange with a commodity or anything that would benefit that individual over a period of time. If for example this personal motive were to be erased, there would less of a way to value 'appreciation' of ones efforts. The economy is thus composed of people who seek to attain this 'appreciation' which has some form of value that would help differenciate themselves from others. It's rather tough to eliminate this cause this would bring in the factor of 'greed' and 'power' that one would have been intoxicated with which would make it hard for them to move away from. What world would it be if all of us had received everything in equal amounts based on our needs. We'd all be utterly bored at one point. This imbalance is what the economy thrives on. It's what has developed and been written into today's economics and their books and is taught at school -demand and supply.

Not every need can be solved because of this inequality and if just like any other form of value, cryptocurrencies's are just a newer form of money transmission and exchange without eliminating the inequality factor. There are again the bitter rich and the poor.

If we did not need this economy anymore, there will definitely be other ways of doing thing.

That is not quite accurate. Cavemans is just the bunch of people who sleeps on caves, hunts food to eat and then go back to their cave, they do not know what economy is or even gaining something by working. All they know is they will survive and that only matters. Economy started when people knew agriculture and then they also start to build some infrastructure that can give them good benefits.

I seems not to understand you, but if you mean an economy where by no personal profit or government is been involved or neither will there be a need to be involved in citizens life. I don't think a life like that will ever exit. Even in the ages of caveman the economy we practice today is same as it was then but the only thing that makes it different then is the way it is been practice. I think the only thing that might not exit is greediness.

Yea you right, but there are already some society that try it somehow,and peoples that are or exploring this possibilities.
For example: Blockchain Government Arktida doing job in this direction, and some other in directions of anarchy-comunist).

maybe I'm not right but in my surround, the one who "work hard for financial stimul"are not the builders of society.
 They to much cycled on their personal(family) needs, but the one who know, why, and what for they are doing what they are doing, and can be free out of financial stimul,they are much more active...and yea many of them are social activists or have social oriented business.

Khan academy also is great example in that direction..
Rotary International, also i was on some meting, and when i was start to speak about finance, they stoped me and say:
-hey we didn't like this topic here what else you are doing in social life?)
And all people, who was there on a meeting, are very rich, and very social oriented.

Our world as it is now revolves around the current economy and I don't see that changing at all. Essentially, what we need to do is be smart and work hard to stay afloat. The richest of the rich will always be there because they know their way around their business. I'm part of the middle class people who get by day to day and continuously prepare for the rainy days.

The people`s needs are unlimited,while the resources on our planet are limited.That`s why there`s no way the needs of the people to be solved completely.Limited resources mean that everything has a cost,which means that trading is a crusial part of the human civilization.Anyway,i think that the future society will be dominated by robots and all the people will have lots of free time.This will happend in the next century.

These calculation were indeed true which we can able to see how cruel it is. Equality wont really happen since people on the top would really remain on the top and accumulating as much as they can and talking about global wealth distribution isnt possible and never would happen on this world. Greed of some people would be the reason and never ending contentment on the money they do possess. Imagine a world with having equality would really be perfect.

All I wish to happen in the future it people acknowledge that we economy is suffering the most because of global wealth distribution.
How we can exist in the world where 1% of the richest owns more money than the rest of the people on earth combined?!
You know that 42 richest people have accumulated assets that exceed those of the poorer half of the population? This is the economy we have!!

You mean a society where money isn't needed anymore, profit isn't a goal anymore?

In a material world I think it's impossible to happen. What makes the big engine move are the necessities each one of us have to live decently. A society without these trades between people is a dead society, where nothing more is produced (technology, knowledge, discussions...). In a place like this Crypto-Currency wouldn't even be created...

Communists "dreamers" want people to believe a perfect equal society would be a solution for everything, but that is impossible as people aren't equal. Each one is unexampled and the decisons this person takes in life will decide his success or defeat. If everyone is equal by forced ways, the honest and the dishonest will have the same value on this society. The worker, who produces, and the vagabond, that only consumes, will have the same value and tools disponible.

So why would anyone want to work hard and develop something on a society like this? People won't appreciate it...
Why to work in a society like this? Just to survive?

We are in this world to thrive and to be fair with each other. Voluntary trades among people are necessary and vital for the progress of our existence.

Imagine that economy that we know it today is not needed anymore, personal profit stimuli is just a page of a history and social and political  life is just different from it's today version.

How then needs of people are solved, and on what would you spend your time and energy in that case? Did you see the crypto there, and if yes in what role?)

P.S. I know the Ideas of Karl Marks about post-komunism and not a fan of it)