| >"Well but you did! You quoted it yourself: "to manage the economy with"" Consider the context, I was replying to a comment about how to know how much to produce. The implication is that money is essential for this purpose. If all you're interested in is how much is being produced and consumed, then monitoring stock levels is enough to manage an economy. It's also useful to know when innovation may be welcome in the market, however you can get that information more directly by just getting feedback from people, no money has to change hands. You also need to manage your resources, but again you just do that directly by monitoring resources, no money has to change hands. It's important to note that resource management includes consumption of goods, you want to monitor what someone is consuming, in part to guard against over-consumption. In short, money can be removed without losing any information needed to run a successful economy. >"Does the central planner decide all this? Even if it were possible, it would reduce people to cattle." I've already mentioned collaboration once, why do you believe I'm describing a system with a central planner? In a resource-based economy the only part you need centralised information on is in monitoring available resources, decision making can be handled a variety of different ways, including democratically by the citizens. |
Not really. My post, which you replied to, made no mention of "knowing how much to produce". It's not as simple as that. The problem is knowing what to produce, at which quantities, when to invest in capital goods, when to invest in research, when to save money for the future. And this has to be expanded to every agent in an economy. How will a consumer know how to allocate his resources if the economic is not possible?
What you're describing is a nightmare world. Guard against over-consumption? Who decides what is considered over-consumption and what is "normal" consumption? How many smartphones can a family have? How many trips a year is "over-consumption"? Pray not to have a diarrhea or you might over-consume toilet paper! What if I want to eat caviar every day? Do I get it for free? Have you even considered scarcity?
By the way, who produces those smartphones in such a moneyless economy? On what incentive? Who builds the airplanes?
So the central planner will "just" monitor available resources and then what? Order that more must produced? Whose second/third/etc order goods will be used to produce consumer goods? Do you expect people to invest and innovate in exchange for a rice quota?
It's very easy to just claim "collaboration" and not have to care about how it actually works in practice.