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by Retra 4202 days ago
>Money represents work. When you do work, you get money.

Yet the people with the most money get that way by minimizing the amount of work they have to do?

Money _should_ represent the _value_ of decision-making exchanges. It represents whatever it takes to overcome barriers to cooperation and communication. You might call that 'work', but that's a very narrow view of the matter. Anytime someone overcomes a barrier to communication or cooperation, they are producing value.

_Most_ of this value is not captured by any monetary system, and in fact, most of our monetary systems capture biased and unrepresentative portions of that value, and thus can be manipulated far easier than desired.

It has nothing to do with 'work.' Manipulating measures of value doesn't overcome barriers, it reinforces them. Creating unnecessary obstacles for people is not valuable, even if people are payed to do it, despite the fact that it is work.