DEBATE : ECONOMICS AND THE COMMON GOOD... IS THE BLOCKCHAIN OUR BEST CHANCE TO MAKE THIS WORLD BETTER?

in #blockchain7 years ago (edited)

 

Very interesting article here about economics and its  drifts

https://www.theguardian.com/news/2017/jul/11/how-economics-became-a-religion

I just want to say that originaly economics permitted humans to build projects (like building roads, boat, exploring the world...)  and to evolve. It was absolutely essential, and it is today too. I consider that finance is a consequence of economics, and we all know it has outrageous drifts. 

That beeing said, even if the economics was globally positive for the common good, it was not fair at all - if you think about those who created the money for example - which is one tool for economics, among other possibilites. 


 ***The value of something is really subjective but we need it... So we definitly need economics and KPI's like price or score. ***  


So, how to make this world more fair? It's not an easy task, especially if a majority dreams about material things.... People have to be educated and smart enough to see what has value in life.  

THAT'S A BIG CHALLENGE HERE :)   --

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Not easy to be optimistic but i would like to point out the blockchain technology here :  i have no doubt about it beeing our best chance - politics are way too embeded and high-level in the current system.  


PEOPLE WILL HAVE TO FIGHT TO BUILD A BLOCKCHAIN THAT WILL I HOPE BE AT LEAST BE USED POSITIVELY FOR THE COMMON GOOD.


To be continued...

PLEASE SHARE YOUR TOUGHTS

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Blockchain is like arguing for basic living wage. It's difficult to debate in abstract due to the necessity of nuance. I like to discuss new technology in comparison to interstellar Space. Would you imagine blockchain currency would be useful on Mars

Your first sentence is NOT correct. Who said that it was basic wages?
I agree it's difficult to debate.
No need to take the debate out of our world, it's complex enough here..
I think people can't really see what's going on here.....
It's all about controlling data flows - currencies/money is just one example.
It's so new for humans.