Urgent Evoke

A crash course in changing the world.

Future of money: No money in basic needs?

People try to fix economy with new ways of getting money... but what if we think outside of the box? what if money is the problem?

Money is just a way to evaluate and interchange the value of thinks. As good as that is if we have a good price allocation system (so if we can correctly evaluate the value of things and set it as a price) the true is that many (all?) of all the important things can`t be correctly priced. What's the value of clean water? of life? of health? or even material but basic needs like food?

Market economy is unable to address this since you have to be part of the market to have a voice there and people with no money are simply out of the market (so they can`t really participate in the market system).

What I think is that some things (basic needs) are imposible to price since their value is far much greater than the money most people have (just think how much would you pay to save your child's life? the answer usually is everything I have (or even more as I'm sure most people would sacrify themselves for that) no matter how much or little you have). So the price can`t be defined though markets in this situation as the difference between price and value is to big.

Other example where price and value of a thing are far to different is for public goods or goods with lots of externalities (how would you price clean air? what's the value of setting and funding a social program?)

So what to do when markets can`t work?

Classic economy tells you to find a way to create a market for them. I think that doesn`t work because we are exactly talking about goods that you can`t price so markets just don`t work!

I think we need a no-price system for those goods. Creative ideas need to be developed for each kind of these goods. Here are a few ideas but I hope to hear more!!!!
Self-production: Urban farming can give people a healthy diet regardless of the money they have. You can`t price your family's health, but you can use your own hands to keep it!
Socialist-like programs: Don`t get me wrong, I think the more you work the more you should get and competition is probably the best (only?) way to promote effort. But there are things that everybody should get, at least at a minimum level. Basic public education and health should be just open to everyone, you want better service? pay for it! but at least we can guarantee a minimum level of all basic services using a socialist-like government (think of Sweden and Norway where people pay 60%+ of taxes but they get a lot of high quality services for free)

More ideas? come on people, the world needs them!!!!


At least think about it: How would people act if they knew their basic needs will be fullfilled?

Views: 16

Comment by Radhika Darbari on May 9, 2010 at 8:27pm
True..agree :-) we need to change the system. Only thing a problem in welfare states is the misuse of the system. Getting greedy and not all who can in society, contribute as they should, making the ones who do skeptical of its success. In theory we would hope it would bring a better society, but we struggle as knowledge and worth/value as you say is not unfortunately today accurate in relation to income.

Comment

You need to be a member of Urgent Evoke to add comments!

Join Urgent Evoke

Latest Activity

N updated their profile
Sep 25, 2020
Sophie C. commented on Asger Jon Vistisen's blog post Stinging Nettle
"I love that you've brought this to attention. An extensive database of uncommon but resistant and hardy plants/foods could be developed and organized by climate. Ease of growth and processing should also be taken in to account. I will try to…"
Aug 19, 2020
Meghan Mulvey posted a blog post

Fourth of July on the Lake

This past weekend was the annual celebration at the lake house in Connecticut. It is amazing that the lake is still so clear and beautiful after all these years. The watershed association has done a wonderful job protecting these waters from the damaging effects of development.The wood grill was finally ready to cook on, so we didn't miss the propane tank fueled grill anymore. The food actually tasted fresher than in the past and was easy to keep fueled.Dad was very proud of the solar hybrid…See More
Jul 6, 2020
Asger Jon Vistisen posted a blog post

Stinging Nettle

In this blog post I will focus on a plant that is abundant in our nature, and which is immensely nutritious. It's of course the Stinging Nettle. Let's start with the chemical constituents of this plant:37 % Non-Nitrogen-Extracts19 - 29 % Ash9 - 21 % Fiber4 % Fat22 % ProteinOnce the leaves are drid, their protein content can reach an astounding 40 %, which is much higher than beef, which even under the best of circ***tances can never exceed 31 % protein. In addition the Stinging Nettle consists…See More
Apr 13, 2020
Jonathon McCallum posted a blog post

The meal

It is 7'oclock, I was late home from work due to an assignment that i wanted to get ahead on. By the time I get home I am feeling extremley tired and I cannot be bothered to make a proper meal. I walk to the fridge and open it to see what there is for me to eat. All of the out of date foodstuffs have been automaticaly thrown away by the fridge, they will be recycled tomorrow as animal feed or something. I see i have organic local eggs and some local cheese. Foods are vacc** sealded for easy…See More
Mar 10, 2020
Jean Paul Galea shared a profile on Facebook
Mar 1, 2020
Kevin posted a blog post

Future

FutureToday is 2020/1/1. It is just like yesterday. The war is still continuing. It has started since 2010. In 2010, that year was a horrible year. Almost every energy ran out. Every country’s governments were crushed down at the same time. There were riots everywhere. All of the big company’s bosses were killed xdeadx in the riots. Troops fought each other everywhere. Food was bought up xawayx at once. There were no more food supplies in any shops. The economy was all crushed down. All the…See More
Jan 1, 2020
Namwaka Mooto posted blog posts
Jan 13, 2016
T D updated their profile
Sep 3, 2015
Brook Warner posted blog posts
Aug 25, 2015
Santiago Vega posted blog posts
May 5, 2015
Santiago Vega commented on Santiago Vega's blog post Act 8
May 5, 2015
Santiago Vega posted photos
May 5, 2015
Rico Angel Rodriguez posted blog posts
May 2, 2015
Rico Angel Rodriguez posted a photo

public servants

The exchange works directly for state and public workers and servants. It gives them credit in exchange for the amount of public work they contribute to the community. The more constructive they are based off a base rate the more credit they recieve.
May 2, 2015
Brian Hurley posted blog posts
May 2, 2015

Follow EVOKE on Twitter




Official EVOKE Facebook Page




EVOKE RSS Activity Feed










© 2021   Created by Alchemy.   Powered by

Badges  |  Report an Issue  |  Terms of Service