I've split Peatbog's recent commentary into several posts as they are all interesting.
Please keep in mind that the proposed Virtual Currency system is hoped to work more effectively with the assistance of continued advances in technology and automation. >From Peatbog: ... > One thing that I don't like about it is that it sounds like > cc would be a large bureaucracy. For example, they might > declare that plasma tvs with screens less than 21 inches are > necessities of life (a citizen must be kept up to date with > what is going on, etc), but that larger ones are luxuries. Indeed, CC would be a large bureaucratic organization. However, consider the possibility that that CC might end up simplifying and streamlining several economic mechanisms. Some of the current mechanisms in place might not be all the efficient either. Incidentally, we live in a bureaucracy now. So, what's the difference? > The classification would change as technology advanced, so > that when flat-screen TVs took over, any size plasma tv > would be seen as a necessity. This sort of thing would > occur all the time, it seems to me, needing an army of > bureaucrats to keep track of it all. Assuming technology and continued advancements in automation continue there is every reason to assume that additional resources (physical and/or virtual) could eventually be placed on the essential list as well. IF CC determines there exists sufficient natural resources available to ensure that everyone is at least entitled to one 32 inch flat screen TV per household why would that be considered a problem? I'm sure the manufactuer's of flat screen TVs wouldn't mind it a bit. Keep in mind the fact that every corporate entity manufacturing FS TVs would end up generating credits for their collective selves every time they "sell" one of their "essential" products. The economy is humming along. Meanwhile, keep in mind, if the rich and powerful desire a bigger FS TV, something larger than a teeny-weeny 32 incher... perhaps a 60 inch monstrosity for the "Entertainment Room", they had better make sure they have sufficient credits in their credit account to pay for the entire cost of purchasing a 60 incher. Regards, Steven Vincent Johnson www.OrionWorks.com www.zazzle.com/orionworks
