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by jorleif 3120 days ago
It is not necessary, but if society was good at assigning a price to the relative merits of informational resources vs physical goods it would result in a more efficient economy.

Yes, science and art will progress, but if there is no economy attached, then they will be dominated by people who don't have to make a living. Unless we fund the whole thing publicly. That would work, but in other contexts we believe the market is more efficient.