[SkyMarshal]

Things like this have been tried throughout history and constantly failed. It was pretty much the running theme of 1800s and 1900s. As the other poster said, the only objective measure of value is what people will pay for it. Nothing centrally planned can handle the variance and fluctuations in the value of things.

There are some supply and demand dynamics to it, for example surgeons are less replaceable than garbage men due to 8+ years of education required, so they will have less supply relative to demand, driving up the cost of their services.

And time is a factor as well - usually when people need a surgeon the problem is urgent and immediate, as you mention about your own experience, so they’re willing to pay more.

Also in your example, you have to compare on a 1-to-1 basis. How many lives does 1 garbage collector save, vs 1 surgeon. And if all the garbage men quit, how quickly could they be replaced, vs same with all the surgeons?

[White_Wolf]

Central management/centralized control at that level is not something I'm really confortable with seeing. I can see the results of EU and how it shut down a huge chunk of small producers from the coutry side in Romania(my home country).

>"the only objective measure of value is what people will pay for it" - I think the ratio between demand/supply would be a more accurate one. I really don't know what systems have been proposed like this but "what people will pay for it" wouldn't be an option.

The whole chain - raw product to shelf would be (?mostly) quantified and you'll pay what is is out of your "produced/contributed hours".

In that regarding not much would change compared to today. Just the currency and formula used.

Production can be ramped up or down just like today, manufacturing lines closed, etc. Nothing special there.

The main difference is the currency used would be the same all over the place and that (ideally) labour h value for a particular skill would be rated the same everywhere in the world. A laboured in UK would have the same h coef. as one in China. This could also contribute to distribution of production centres more evenly around the world (ideally).

Don't get me wrong. It's just a discussion of sorts and no system is perfect. I just think something like this would help equalize things in some way and still motivate those that want to do more to do so. At the moment, all 'isms have their issues and I'm "hoping" a hybrid of sorts would be worth trying at this stage. I'm not pro any of them and agaist all of them... sort of.