Pah, to your money. With a single global currency that posit would hold true. Unfortunately, as post-WWI germany found out when it starved all the pensioners with hyperinflation, the currency of a country alters in relation to other countries. The League of Nations say we have to pay them DM200,000? Fine, let's devalue our country's currency, and screw those on a fixed income!
Money is a short-hand term for barter. I cannot raise a sheep on my back garden, but I can cut hair. I could offer to cut the hair of a sheep farmer for some wool, or I could 'nest' the reward for hair cutting which could either then be used to buy wool or other products or services.
The only way 'money' is increased is by people deciding that some services are more deserving of 'nesting tokens' than others - usually as a desire to not have to do so much work or endure a lack of luxuries themselves. This is called profit. In many cases, the item or service has no additional intrinsic value, but is merely sold as it it were a more expensive product that it actually was.
The end result is - that like pyramid schemes - someone at the end of the money cycle ends up being exploited. At the moment, the biggest losers are probably workers in China, African farmers with trade sanctions or people who sign up for that HILARIOUS Crazy Frog Ringtone and then get charged £10 a month until they realise what's happening.
I've never claimed any moral superiority is inherent in the poor; a lot of them are bastards. Most of them are bastards because of their upbringing, but some are just naturally gits. I do think it's naive, though, to say that the only reason people haven't made it as chairman of ICI is because they're lazy.
Re: To each according to her needs
Money is a short-hand term for barter. I cannot raise a sheep on my back garden, but I can cut hair. I could offer to cut the hair of a sheep farmer for some wool, or I could 'nest' the reward for hair cutting which could either then be used to buy wool or other products or services.
The only way 'money' is increased is by people deciding that some services are more deserving of 'nesting tokens' than others - usually as a desire to not have to do so much work or endure a lack of luxuries themselves. This is called profit. In many cases, the item or service has no additional intrinsic value, but is merely sold as it it were a more expensive product that it actually was.
The end result is - that like pyramid schemes - someone at the end of the money cycle ends up being exploited. At the moment, the biggest losers are probably workers in China, African farmers with trade sanctions or people who sign up for that HILARIOUS Crazy Frog Ringtone and then get charged £10 a month until they realise what's happening.
I've never claimed any moral superiority is inherent in the poor; a lot of them are bastards. Most of them are bastards because of their upbringing, but some are just naturally gits. I do think it's naive, though, to say that the only reason people haven't made it as chairman of ICI is because they're lazy.