A world without money.

[Reincarnate]

Originally Posted by mhss1992

Yeah, I know what cost is. I know what inflation is, too. What I'm suggesting is similar to socialism in some aspects, but not exactly.

OBVIOUSLY, if I just gave 100000000 credits to every human being on earth, those credits would be meaningless. That's why they have to WORK for it.

Everyone could have many credits, why not? they produced enough goods to make up for it, inflation doesn't need to happen.

Naturally, to avoid inflation, the "free" stuff would have to be very limited. And even people with lots of credits still wouldn't be able to have whatever they wanted.

For example: there could be laws that prevented each person from having 5000 rockets, 27000 computers and 987989 cars in their garages.

Certain things would need proven justifications other than just "credits". Or else everyone would be able to own an airplane.


Oh, but you want people to have whatever they want with enough credits, right? Just like you would be able to if you had enough money. Well, it's impossible.

You have to choose: equal opportunities for everyone and limitations, or the possibility to own a whole planet with enough money. You obviously can't have both.

Doesn't matter if you give 10000000 credits or 1000 credits or 10 credits. Any time you inject money like this, you're just devaluing what it can actually acquire. In the end, it all comes down to the actual goods and services being exchanged. Money is just a way to grease the wheels and make exchange easier and normalized.

If you give everyone credits, but only allow them to leverage these credits if they work and produce value, and the addition of credits is a function of the utility of their output, then this isn't any different from a system where you just spend money on goods and services. I seriously have no idea why you aren't grasping this.

You can't "avoid inflation" by making free stuff "in limited quantities." It's still a COST. Your "credits" will devalue in accordance with however many credits you inject into the economy without any real-goods exchange. If you're going to just reduce inflation by not increasing credit counts without underlying goods, then you must increase the counts WITH an underlying goods exchange. Yet again, the new proposed system isn't solving anything.

Limiting what people can achieve/own typically results in a ****ty life for everyone. It's generally seen as unfair by those who are capable of striving for something better, and it doesn't incentivize a lot of the utility synergies and value additions we'd like to have in our average lives. It also assumes people are OK with being held to a bound average and that the government has perfect information -- and you also assume the government won't also pursue self-interest and oppress the working classes.

You're basically trying to argue that your retarded "credit systems" will somehow result in cost savings, when it doesn't. That aside, you're otherwise advocating a socialist/communist economy.

The guy below average is going to like communism whereas the guy above average is going to dislike it. This is a separate debate. This thread is about a "world without money" -- which your credit system doesn't even address directly, and even if it did, it still doesn't solve anything. Communism vs socialism vs capitalism etc. are really just different ideologies that dictate how resources/money/power/etc should be distributed.

This thread should probably be brought to a close. It's been more-than-thoroughly addressed why a world without money wouldn't work for us at this point.