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  1. #1
    Member JediVulcanisim's Avatar
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    Default Resource Based Economy vs. Profit Based Economy

    A Resource Based Economy is an economy based on the production of living resources in the immediate area of individuals that require the resources. As technology will allow more resources to be more available. So will resources and information. Therefore requiring all human beings to learn virtually every form of science, philosophy, and communication objectively becoming an omniknowledgeable being. Omniknowledgeability will therefore be directly related to survival.

    A profit based economy operates on a token based system that allows individuals to survive by creating a wealth of tokens. This form of economy has proven that individuals must specialize in certain areas in order to provide tokens for themselves and other activities that require tokens (services, resources, etc.). Tokens are directly related to survival

    Which economy is the most preferable in a globalized economy structure?
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  2. #2
    Senior Member Survive & Stay Free's Avatar
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    Quote Originally Posted by JediVulcanisim View Post
    A Resource Based Economy is an economy based on the production of living resources in the immediate area of individuals that require the resources. As technology will allow more resources to be more available. So will resources and information. Therefore requiring all human beings to learn virtually every form of science, philosophy, and communication objectively becoming an omniknowledgeable being. Omniknowledgeability will therefore be directly related to survival.

    A profit based economy operates on a token based system that allows individuals to survive by creating a wealth of tokens. This form of economy has proven that individuals must specialize in certain areas in order to provide tokens for themselves and other activities that require tokens (services, resources, etc.). Tokens are directly related to survival

    Which economy is the most preferable in a globalized economy structure?
    The profit based economy is meant to be a resource based economy, it idea being that the price mechanism provides the only accurate estimation of available resources, the pursuit of profit is afforded by markets allows decisions about costs to be made which result in the efficient allocation of resources.

    That's the theory anyway, there are problems with it, private and public managerialism grows increasingly alike, so most of the legitimate criticisms of central planning can be applied also to private corporations of a certain scale or status (ie vital ones which can not be permitted to fail), the tokens, ie money, have a value independent of what they are meant to represent and that value does not expire in the fashion of other resources.

    There's aspects of alternative economic thinking, either participatory economics or economic democracy which could correct some of these problems through structural adjustments but there's not the will for that, not locally or nationally, let alone globally, and any nation which would attempt that would suffer, finance is fickle and mobile and nation states will collude with it to maximise their own selfish and strategic advantages.

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    nee andante bechimo's Avatar
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    You've got an interesting way of describing collectivization vs capitalism.

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    Senor Membrane
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    How about economy based on the actual needs of people? It seems that most of the jobs are useless in the way that they don't effect people's survival or happiness except indirectly by making the economy grow.

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    Senior Member Survive & Stay Free's Avatar
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    Quote Originally Posted by Jenaphor View Post
    You've got an interesting way of describing collectivization vs capitalism.
    That's a false dichotomy.

    Even as far back as Marx capitalism was exhibiting collectivising tendencies, I'm not sure if its capital or the commie manifesto he replies to critics defending property rights that most property was being seized by business rather than socialists, most of the conservatives then (and not a few of them now) actually agreed that that was exactly what was going on.

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    nee andante bechimo's Avatar
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    Quote Originally Posted by Lark View Post
    That's a false dichotomy.

    Even as far back as Marx capitalism was exhibiting collectivising tendencies, I'm not sure if its capital or the commie manifesto he replies to critics defending property rights that most property was being seized by business rather than socialists, most of the conservatives then (and not a few of them now) actually agreed that that was exactly what was going on.
    I suspect that the OP is talking about the Zeitgeist Movement when making reference to a resource based economy...

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    Senior Member Survive & Stay Free's Avatar
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    Quote Originally Posted by nolla View Post
    How about economy based on the actual needs of people? It seems that most of the jobs are useless in the way that they don't effect people's survival or happiness except indirectly by making the economy grow.
    Well, what constitutes a need? How do you plan around that? Who's to judge what is useless jobs?

    I'm not sure that an exclusively subsistence based economy would be preferable to the status quo, there are a lot of jobs which appear to do little other that circulate the money and grow the economy but its how the present levels of prosperity are created and maintained, the main alternative to this, objectively speaking, is a niche market as opposed to mass market based economy.

    In that sort of economy I dont prosper, neither do a lot of other people, definitely not the workers but also, arguably, any vestiages of independent, small owner enterprises, possibly even other larger retailers such as franchises and chain stores too, a great number of those dependent on the disposable incomes of the spending poor, including the welfare or underclasses they complain most loudly about supporting through taxation.

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    Senior Member Survive & Stay Free's Avatar
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    Quote Originally Posted by Jenaphor View Post
    I suspect that the OP is talking about the Zeitgeist Movement when making reference to a resource based economy...
    I'm not sure what that is.

  9. #9
    nee andante bechimo's Avatar
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    Quote Originally Posted by Lark View Post
    I'm not sure what that is.
    It's not quite what the OP has stated, at least as it refers to "Omniknowledgeability".

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    Senior Member Survive & Stay Free's Avatar
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    Quote Originally Posted by Jenaphor View Post
    It's not quite what the OP has stated, at least as it refers to "Omniknowledgeability".
    I'm still not clear.

    Is it the idea that improvements in information and computerised solutions to simultaneous equations will resolve the calculation debate and permit central planning or managerialism to succeed or mimic competitive markets or perfect competition?

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