Dogecoin just lost more value during SNL than Tesla has made in profits throughout its entire existence. pic.twitter.com/M3lape0Txp— Max Kennerly (@MaxKennerly) May 9, 2021
Pretty sure there are anarchists who have tried doing that before. It incentivizes a lot of weird unintended behavior in the group of people who uses it
Do you have any sources on that? I mean that not in a Reddit way but bc im genuinely wanting to learn more about alternative ways of setting about currency
I’m pretty open to the utilization of markets in socialism as a transitional thing but I do think getting to a step of making things based on labor vouchers is ultimately preferable to market whims and would be ideal (not sure if that should be the end goal or not but certainly a step away from market based systems)
No academic sources but your search terms are Time-based Currency, Labour Voucher, Local Currencies, and Labor Notes. Lots of city-wide experiments and socialism-specific models
Pretty sure there are anarchists who have tried doing that before. It incentivizes a lot of weird unintended behavior in the group of people who uses it
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You can never go wrong with the good old: from each according to ability, to each according to need.
but what about iphone venezuala no food?
Do you have any sources on that? I mean that not in a Reddit way but bc im genuinely wanting to learn more about alternative ways of setting about currency
I’m pretty open to the utilization of markets in socialism as a transitional thing but I do think getting to a step of making things based on labor vouchers is ultimately preferable to market whims and would be ideal (not sure if that should be the end goal or not but certainly a step away from market based systems)
No academic sources but your search terms are Time-based Currency, Labour Voucher, Local Currencies, and Labor Notes. Lots of city-wide experiments and socialism-specific models
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