Re: Socialism and Capitalism

Fred wrote:
> Topaz wrote:
> 
>> On Mon, 21 Jul 2008 21:25:45 -0400, Fred <fred@[EMAIL PROTECTED]
>
>> wrote:
>>
>>>        No people are doing work without whips and chains, and after
>>>        capitalism
>>> they still will work.  Why wouldn't they?
>>   They wouldn't if they didn't need money to buy things.
>>
>         The new system is not based on money as a scarce commodity.  You
buy things
> by issuing money, but most people arecapable of understanding that they
> still need "things" and somebody has to make them.  It would be
> the "things" (goods and services), that people would have to relate to
> instead of the money.  People can do this.  We have brains.
> 
> 

So basically you loan yourself the 'money' by promising to pay it back 
later.

How do you prevent freeloaders and other gaming of your system?

Rational people already value goods, services, labour, art and other 
things and ideas and use money as a convenient way of keeping track of 
value. Much easier than barter.

Alex R