[MD] Dynamic Development at all costs?
Magnus Berg
McMagnus at home.se
Sun Apr 20 23:07:54 PDT 2008
Hi
craigerb at comcast.net wrote:
> [Magnus]
>> economic decisions are singlemindedly aimed at maximizing the
>> value of the market, i.e. money. So, it's intellect being a slave to
>> social value.
>
> You have it backwards. The most money is attracted to the ideas
> that are deemed best in the free market.
Yes, but only because those ideas have the best probabilities to
generate more money.
> [Magnus]
>> full functioning of intellect by removing the need to waste
>> intellectual effort on social value like money.
>
> It's money that "removes the need to waste intellectual effort."
> Imagine if everyone had to make all their economic decisions
> without a price mechanism. Each person would spend so much
> time (& with so much uncertainty) trying to weigh relative values.
You're still stuck in a currency based thinking. It's like your
imagination only stretches so far as to remove the dollar from the world
market, and then argue about how difficult it would be for US people to
just use foreign currency. (Note, that was an analogy.)
Everyone won't have any problems making economic decisions because
nobody will need to make any.
And of course I realize that this is an extremely far fetched utopia I'm
talking about. I'm just thinking about how a really high-Q MoQ society
would look like.
Magnus
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