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What does Post-Monetarism Mean?
#5
(09-28-2014, 09:44 PM)Rynn Wrote: Out and about atm so will have to comment on article later

(09-28-2014, 09:03 PM)kch49er Wrote: This is why I like the term post-scarcity if money is 'a medium of exchange' I don't see how you can have a post-monetary system(Short of transap interventiona nd posssibly draconian laws) I know before we talked about paintings by artist,or scupltures and trading services, but if the pictures by artist x are so great then a lot of people might trade for y number of x paintings,which is back to money again.

Of course not everyone might accept them but then not everyone accepts $ or € or bitcoins.

Whilst it's true that private markets using money will most likely still be present in a post-scarcity economy the key difference is that they are no longer dominant. Barter and gifting occur everyday but we still live in an age where market economics with currency is the dominant form of economics (with a few caveats).

So whilst there may still be various currencies used to trade things on a market in a post-scarcity society this could be quite niche.

Incidentally I'm also not a fan of the term post-scarcity. Rather I prefer the term post-labour given that what we're often talking about is an economy that has been near totally automated, thus removing need for the vast majority of of labour.

Post-monetarism seems to be quite different from post-scarcity/labor. Putting it in OAish terms post-monetarism seems like an AI mediated economy set up specifically to prevent wealth accumulation (and strangely doesn't seem to specifically forbid using currency as long as you can't accumulate it). Wealth accumulation can happen in a post-scarcity economy- its just that that wealth wouldn't mean much.
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Messages In This Thread
What does Post-Monetarism Mean? - by stevebowers - 09-28-2014, 08:40 PM
RE: What does Post-Monetarism Mean? - by kch49er - 09-28-2014, 09:03 PM
RE: What does Post-Monetarism Mean? - by Rynn - 09-28-2014, 09:44 PM
RE: What does Post-Monetarism Mean? - by crevicecrab - 09-30-2014, 07:05 PM
RE: What does Post-Monetarism Mean? - by Rynn - 09-29-2014, 09:44 PM
RE: What does Post-Monetarism Mean? - by Rynn - 10-01-2014, 08:27 PM
RE: What does Post-Monetarism Mean? - by kch49er - 10-02-2014, 09:47 PM
RE: What does Post-Monetarism Mean? - by QueElEs - 05-11-2016, 04:04 PM
RE: What does Post-Monetarism Mean? - by Cray - 05-11-2016, 08:50 PM

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