Message from @shinsoo

Discord ID: 502011521144979466


2018-10-17 06:51:19 UTC  

and exchange those apples for more money.

2018-10-17 06:51:29 UTC  

The entire basis of capitalism.

2018-10-17 06:51:34 UTC  

that scenario is already assuming that money of some form exists
in a gift economy, or any society without money, he could just distribute the apples as needed, and be given what he wants if others won't miss it

2018-10-17 06:51:51 UTC  

trade economies aren't a thing, tbh

2018-10-17 06:52:06 UTC  

Trade Economies aren't practical

2018-10-17 06:52:07 UTC  

aren't a thing without money*

2018-10-17 06:52:13 UTC  

No, they're not.

2018-10-17 06:52:14 UTC  

not everyone wants apples

2018-10-17 06:52:18 UTC  

Exactly.

2018-10-17 06:52:26 UTC  

That's why currency makes a trade economy actually work

2018-10-17 06:52:28 UTC  

some people would die if you give them an "apple"

2018-10-17 06:52:37 UTC  

depends how hard you throw it

2018-10-17 06:52:39 UTC  

currency is also far easier to transport.

2018-10-17 06:52:49 UTC  

My 400 dollars in dollars

2018-10-17 06:52:58 UTC  

is far easier to carry around than 400 dollars of apples

2018-10-17 06:53:19 UTC  

Fiat Currency, at that, is only valuable so long as people are willing to accept it.

2018-10-17 06:53:33 UTC  

well

2018-10-17 06:53:35 UTC  

It's entirely confidence based.

2018-10-17 06:53:46 UTC  

Gold should back all currency

2018-10-17 06:54:06 UTC  

In theory it does, it's just not a share of a stockpile of gold.

2018-10-17 06:54:33 UTC  

Tim recently made a video about a David Graeber tweet

2018-10-17 06:54:41 UTC  

I do think abandoning the Gold Standard was a bad idea.

2018-10-17 06:54:50 UTC  

he wrote a book about Debt, and how money came to be

2018-10-17 06:54:59 UTC  

worth reading

2018-10-17 06:55:02 UTC  

Having the dollar be worth a fixed portion of a vault of treasure

2018-10-17 06:56:30 UTC  

Anyway, to the point I was getting to

2018-10-17 06:56:41 UTC  

As far as 'super rich people' go

2018-10-17 06:56:54 UTC  

wasn't the gold standard abandoned because of the great depression?

2018-10-17 06:57:01 UTC  

no

2018-10-17 06:57:13 UTC  

it was abandoned because Tricky Dick said so

2018-10-17 06:57:34 UTC  

Being overly concerned about the rich is like being overly concerned about people who are too successful at farming apples.

2018-10-17 06:57:42 UTC  

<:thonk:432992056214945818>

2018-10-17 06:58:15 UTC  

You can ask yourself why does someone need a silo full of apples, sure...

2018-10-17 06:58:28 UTC  

I just ask why I should care about someone else's silo full of apples.

2018-10-17 07:00:27 UTC  

well nobody needs a silo full of apples, but that doesn't change that he did the work to make that silo full of apples

2018-10-17 07:00:43 UTC  

Basically, this.

2018-10-17 07:02:08 UTC  

Damn. I could really go for some freeze dried apples now. Fuck those things are good.

2018-10-17 07:05:32 UTC  

afaic, if you're in a community you should be expected to contribute
you're using their land and trees, picking the apples shouldn't allow you to hoard them away from others

2018-10-17 07:07:45 UTC  

Who says it's their trees and their land?

2018-10-17 07:07:55 UTC  

Rich people are not a concern if:
- They don't hoard wealth and let it sit in their account
- They don't use the funds to play God
- They don't try to eliminate competition in dirty ways

2018-10-17 07:09:00 UTC  

Hoarding Wealth isn't a problem.Using their funds to play god, as you put it, is only a problem with a complacent population....