I think I explained why most of the pointsade in the Pic are incorrect.
Did I miss anything?
@kpeace we already live in a post scarcerty world in the west, have done for the last 10 years. What is the social role of money when the is not scarcety to mediate with it? This is the question your not seeing/answering?
What's your view?
That we don't live in a part scarcity world.
Everything we consume is produced by a human being. Time, skill and capital were invested in the production of all our goods. To obtain them you must compensate the producer.
This is where money, a commodity with a high exchange value, becomes very handy.
And then you stop paying the people/factories to produce something... Let them do it for free!
Then we definitely get back into a scarcity world and money would have to be re-introduced to fix the problem. ;)
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