Quote:
Originally Posted by QuantumIguana
These have very limited utility. The person's labor might be of no use to the bearer of the certificate. The barber's labor is of no use to a bald man. The certificate is of no use if you the bearer isn't near the laborer. If we live in the same town, the bearer might be able to exchange the certificate for labor, but if the certificate is from a laborer in Denver, it is of no use to someone in Chicago. Unless the bearer knows the laborer quite well, the bearer doesn't know the value of the bearer's labor, so there's no way to tell the value of the certificate. And finally, the laborer has a limited lifespan, and so does any potential value the certificate has, it declines in value with each passing moment.
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It seems that you are placing monetary values on people's time which is something that timebanks try to avoid.
Quote:
Originally Posted by bill_mchale
We need to keep in mind that Giggleton is making a key metaphysical error in his arguments. He is confusing the inability of individuals to clearly know everything objectively with the lack of an objective reality. By arguing this, he figures he can subvert or ignore ethical standards for his own benefit. It is kind of the modern version of the mistake that Raskolnikov made in Crime and Punishment.
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Bill
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Sort of, except that reality is created by the collective subjective.