Sam Roberts

Salem, NJ, United States

About Sam

Languages

English, French

Comments & conversations

Noface
Sam Roberts
Posted over 3 years ago
Devise an economic system not based on personal property rights that will support such brilliant concepts as Justin Hall's Tipping.
Thank you for your answer and clarification. In response I would say that it seems like what is most frustrating, especially in terms of energy, would be converting energy into a useful manner that people can use. Unfortunately this has been the challenge of all life as we know it since the beginning of time (to put it lightly). Energy is the one thing that absolutely everything competes for from the smallest bacteria to us with our space shuttles and iphones. Luckily we as a species have been fortunate enough to perceive energy in a whole new manner other than just plain ol' sustenance. But again how to convert? fire, solar, wind, water? It seems like any solution is still going to involve blood, sweat and time away from your kids to develop it. Whoever does is going to want to get paid for this work. I'm not saying that in the end it won't get extremely cheap or even free for that matter, but it will certainly take time. To me it just seems like the laws of supply and demand always apply. I can only think of one thing that is completely free to everyone and that's oxygen: if you want free energy make the conversion of it so abundant so as to flood the market, and make it so that every individual can do so him/herself so it can never be taken away from them.
Noface
Sam Roberts
Posted over 3 years ago
Devise an economic system not based on personal property rights that will support such brilliant concepts as Justin Hall's Tipping.
We could devise a completely new system or we could try to make the one we have better. It is idealistic to imagine a world without property rights. At the end of the day every single one of us likes to come home to a house they call there own, with their favorite spot on the couch in front of the TV, drinking out of their favorite cup and relaxing with the family. We shouldn't have to deal with having a stranger come in to sleep in the bed that technically everyone owns because we should all share. There has to be a way to distinguish from what is mine and what is yours. Property rights provide an environment where people are able to keep the fruits of their labor. The real problems that arise in this type of resource allocation though, is when there are distortions in the market. Be it through monopolistic practices from a corporation or monetary distortions which come from governments or central banks. Because of these distortions some people are able to profit without actually contributing anything to the economy. These are called "free loaders" because they have found a way to manipulate the system and re-route "stuff" where it wouldn't go otherwise; often known as "malinvestment." If we can find a way to diminish or eliminate this we could surely have a fairer allocating system, not perfect but certainly better imho. Thanks!