A world without money.

[mhss1992]

Originally Posted by Reincarnate

It's not a perfect system -- utility is a personalized concept, and prices reflect willingness/demand and its interplay with supply. The problem isn't with money though -- it's, differentiation of consumer demand profiles. I might be willing to exchange with you ten apples for your ten oranges, but someone else may want eleven or twelve -- others may not want anything from you at all. Therefore, the "value" of something is dependent on the market. Also throw into the mix the idea that identifying true value is not always easy. Our perception of value is oftentimes not perfect -- we don't always have all the information (and even when we do, it's hard to calculate), and our desires for additional profits pushes things further up the chain whenever we can get away with it.

Again though, this isn't a problem with money in itself, although problems CAN occur when you start ****ing with monetary policy (for instance, messing with the money supply over the long run and causing undesirable levels of inflation). Paying off your debts by simply printing more money doesn't necessarily SOLVE the underlying problem. It just buys you time.

I guess someone could try to create a value system based on the ammount of work needed to produce things...

What about that suggestion, non-exchangeable credits?
It might still not reflect the true value of things, but it could be a more fair and safe system.

E.g: with 10000 credits, you can own a small house, a car and a computer. You'll gain 200 credits every month if you keep working. Does it seem possible?