How else can corruption be eliminated? Live simple and remove them from our lives.
Money has no value, labor and goods do, however.
The value of money is an illusion and a means of control.
How else can corruption be eliminated? Live simple and remove them from our lives.
Money has no value, labor and goods do, however.
The value of money is an illusion and a means of control.
I do agree but the hard part is gauging value. How much is your good or service worth in terms of trading for a good or service of equal value? I’ve contemplated this many times and still haven’t come up with anything reasonable
Does it matter what the value is relative to anything other than what you are willing to pay with either a good or labor?
Well let’s say you want to acquire a good from a website. Do you just trade them something you consider equal value? What if you don’t have something to trade and can only offer a service to someone on the other side of the country? I mean I guess those things don’t really matter. I’m just more curious how it all would work logistically
Answer: it wouldn't. Because in a barter-mandated economy, websites and the Internet would simply cease to exist. (Hell, even just making pencils would be nigh impossible, too. https://mises.org/library/i-pencil )
Saying "We need to get rid of intermediary currencies" while typing on a Internet-connected computer or phone is just absurd as those advocating Communism on their MacBooks and iPhones.
It wouldn't work in the society we have today.