people must (and want to) consume in order to do so, people must also produce. people dont always want to produce the same things they consume some people have a greater ability (and/or willingness) to produce things than others
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this becomes hard, because things some things are more 'expensive' than others. they take more time, more resources also, the other producers whose product i want to consume, might not want MY product at all this is where we need a way of quantifying or evaluating products
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if we can put a value on all the things that are produced, we can use this value token as an intermediary, and trade value bits for things to consume, instead of other produced things yay
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we currently value things by supply (how much of a thing there is) and demand (how much people want the thing) i wonder if theres some other way of evaluating ventures and things that are produced (and therefore consumed)
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id personally like it to include these dimensions - novelty (is it new - does it provide some new functionality / perspective) - sustainability (circular economy, will it last, is it an investment in the future) - agreeableness (do people like it)
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agreeableness is probably closest to demand novelty is probably good bc creating new things are probably good sustainability may not be in high demand, but is necessary id like to think how/where/at what level this could be accounted for
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maybe its just huge ass subsidies maybe its greater transparency or consumer awareness idk maybe demand just isnt all that great given we dont really know whats best for us + life
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REA attempts to do this http://reatechnology.com/what-is-rea.html …
@pospigos is working on Holo REA on@holochain -
One day I'll be able to understand this
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Your brain already does this! You look at, smell, taste, feel, and hear things and it automatically prioritizes them based on your needs. Give these values to the world for it to self-organize (allocate resources) effectively.https://twitter.com/thewiseturtle/status/1135951451031629824 …
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Yup this is supposedly why demand when left alone works. My idea is that we have competing and conflicting ideas for what's good for us & we need assistance W/ that
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