aaron kinneyWed, Jan 28, 2009 Very interesting. At first I was like "wtf how can you eliminate an exchange medium without another one taking its place?"
But then I realized that you were talking about the elimination of scarcity. Only with scarcity is trade needed, and only with trade is an exchange medium needed. So, without scarcity, there would be no need to trade or quantify value. Everything would be freely given to you in abundance, like an idealized gift economy.
Id like unlimited amounts of sex, drugs, and rock n roll please :)
Very interesting. At first I was like "wtf how can you eliminate an exchange medium without another one taking its place?"
But then I realized that you were talking about the elimination of scarcity. Only with scarcity is trade needed, and only with trade is an exchange medium needed. So, without scarcity, there would be no need to trade or quantify value. Everything would be freely given to you in abundance, like an idealized gift economy.
Id like unlimited amounts of sex, drugs, and rock n roll please :)