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RE: Socialism v Capitalism – isn’t it about time we changed the record?
Hey sorry for filling up your comments section, I didn't realize how long that reply had gotten and that was rude of me, I apologize.
Literally my response should have been a blog posting on it's own. I've moved my response to my blog so no one has to wade through it unless they want to.
https://steemit.com/anarchy/@williambanks/towards-a-better-tomorrow-part-4-the-final-destination
Excellent post though @gangsta ! I've upvoted and I'm following you now.
what a great read.
Thank you!
Definitely some interesting statements here. Money has been the biggest fallacy around for years. Yet it kind of translates the value of something. Which is why I agree, the perceived value of stuff is based on the type of demand for it. That's where the level of scarcity comes in - or the perceived levels- to accumulate as much money as possible. Based on this we have been able to create this system in Capitalism to create stuff that have perceived value - time tells us all the time that it was not as valuable as we thought though -- and offer the respective amount asked for it. All now knowledge/creativity/time are money. In what you stated it will be more obvious than before (at least I hope so)
Yes that is the readers digest version of it. Thank you for reading it!