Goods have to be produced.
Bread doesn't jump onto your plate. Someone has to plant, water, harvest, grind and bake it for the bread to exist.

Since our wants are endless, and our time and energy limited, there will always be some wants that are not satisfied. In other words, scarcity.

Money is the comodity with the highest exchange value. So it is very real. The fact that current the currents money exchange value is created by government fiat doesn't make it any less real.

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.

@kpeace @Hamishcampbell Heh, if you believe we're in a post-scarcity world, and things don't need to be compensated anymore with money...

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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