Anything you exchange as a representation or substitute for something else of value. I think communism would reinvent what I consider money but wouldn’t use it as it’s used under capitalism.
Some Communist theoreticians consider Labor Vouchers to be distinct from money, as they would be destroyed upon first use and serve more as a “credit” for labor, and would eliminate the concept of accumulation of money from labor exploitation and exchange.
I am aware of this. It’s functionally no different than a dollar bill. The fact that I intend to melt down an axe after I use it to chop a tree down doesn’t make it not an axehead. If I used that same axe to hack my neighbor to death, well, that’s a completely different use. In the case of communist ‘money’, I think we would cease using money to kill our neighbor.
I don’t understand how the issues of money persist if you can only earn LVs through labor, and can’t be accumulated through Capital ownership. Why would you kill your neighbor?
I wouldn’t kill my neighbor? Was that too complicated an example? I think that money, like an axe, is a tool that can be used differently in different contexts. ‘Money’ isn’t the issue. How it’s used is the issue, which is why I think we would invent it. You don’t solve the ‘issues’ of an axe. You don’t solve the ‘issues’ of money. Capitalism uses stand-ins for value to harm people, but I am not convinced it’s an inherent trait of value stand-ins. I think LV’s are money, so I think you think that is true also.
LVs would have their own problems-- if I do work for someone else, can they just create LVs to give to me? Do they get to create however many they want?
The answer is no in both instances, hence why labor vouchers are only sensible in a centralized and publicly owned and planned economy that has gotten rid of the necessity for small commodity producers.
I never claimed there was anything wrong with money? As far as I thought, I was arguing that it was a tool so useful it would be reinvented if a society did away with it.
Anything you exchange as a representation or substitute for something else of value. I think communism would reinvent what I consider money but wouldn’t use it as it’s used under capitalism.
Some Communist theoreticians consider Labor Vouchers to be distinct from money, as they would be destroyed upon first use and serve more as a “credit” for labor, and would eliminate the concept of accumulation of money from labor exploitation and exchange.
I am aware of this. It’s functionally no different than a dollar bill. The fact that I intend to melt down an axe after I use it to chop a tree down doesn’t make it not an axehead. If I used that same axe to hack my neighbor to death, well, that’s a completely different use. In the case of communist ‘money’, I think we would cease using money to kill our neighbor.
I don’t understand how the issues of money persist if you can only earn LVs through labor, and can’t be accumulated through Capital ownership. Why would you kill your neighbor?
I wouldn’t kill my neighbor? Was that too complicated an example? I think that money, like an axe, is a tool that can be used differently in different contexts. ‘Money’ isn’t the issue. How it’s used is the issue, which is why I think we would invent it. You don’t solve the ‘issues’ of an axe. You don’t solve the ‘issues’ of money. Capitalism uses stand-ins for value to harm people, but I am not convinced it’s an inherent trait of value stand-ins. I think LV’s are money, so I think you think that is true also.
I’m asking what’s wrong with money that carries over to LVs. Why is money an issue?
LVs would have their own problems-- if I do work for someone else, can they just create LVs to give to me? Do they get to create however many they want?
The answer is no in both instances, hence why labor vouchers are only sensible in a centralized and publicly owned and planned economy that has gotten rid of the necessity for small commodity producers.
Interesting. That could work. Feels a little draconian though.
I never claimed there was anything wrong with money? As far as I thought, I was arguing that it was a tool so useful it would be reinvented if a society did away with it.
Sure, but I think it’s an entirely different thing at that point even if it is used for distribution.