both capitalism and communism are obvious failures

Because humans are failures

They're not the same thing, only people who are economically illiterate claim these things.

Nothing we make will ever be perfect

Not to mention philosophically illiterate.

Thinking value is objective implies pretty much all of Marxist theory.

I never said our system will be perfect, but it wont have trannies reading books to children or zionist lobbies starting trillion dollar wars. That's for sure.

people say it's the same because creating a true communist society requires one to go through an ns phase. the problem is... it never really grows OUT of the ns phase.

No, we reject marx's theory of value, because he wants to distribute the means of production physically. That is a violation of private property, which is a Christian principle "thou shall not steal". Remember the Christian element to the modern theory I propose.

Eventually population numbers, change of resource, foreign bodies will make change

We distribute production by currency.

This way we can have a proper theory of objective tangible value which is based in material reality, without imposing on private property rights without precedent.

It doesn't matter what Marx's theory of value was. Any theory of objective value implies pretty much all of marxism.

.... no this is high school tier memery

Value depends on the subject, not the object.

This shit predates marx

But then foreign trade comes in again.

Smith wrote about this.

Adam Smith was a red.

Why trade with your own country if igs better to trade somewhere else?

just want to make sure i understand you @halfthink : you're saying value is subjective?

meaning, an apple may be worth 1 dollar to one dude, and 2 dollars to another, right?

@My Preferred Pronoun Is Sama high time preference vrs low, we prefer long term stability over short term profit at expense of social order

Yes, value is subjective @Aero

yes, that is correct

in a fiat system this is correct

But you dont get to pick that

because the value of the fiat currency itself is arbitrarily based on the interest rates of central bank

Even in deflation eras, ppl spensing money in other countries was a problwm

but in a production based system this is not correct, because the value system is not based on arbitrary opinion, but on a tangible physical function of matter

aggregate marginal production function, or more technically the first derivative of aggregate production function

Trade is only possible if value is subjective. Both sides have to value what they are receiving more that what they are giving up.

thereby currency functions as a derivative currency backed by production

Incorrect, you can reconcile the absolute trading with relative value by comparing baskets of goods in two countries to create foreign exchange market.

Thats fiat economy

You can have deflation based on production with a fiat economy

do we all agree that fiat currencies need to be put to rest?

yes

If iys based on the ability fora goverment to produce, its still reliant on an intanigble thing

End the fed

Yes fiat money is cancer