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by TheOtherHobbes 742 days 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.

1 comments

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.