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Old 03-09-2012, 11:25 AM   #209
QuantumIguana
Philosopher
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Quote:
Originally Posted by Giggleton View Post
All labor is of equal value in that it contributes in some way to the culture. If there is a bad carpenter and a good carpenter, perhaps the good carpenter should use their time to help the bad carpenter become better.

What doesn't help anyone is pessimism.
The rejection of bad ideas is not pessimism. It is optimism because it frees us to persue good ideas.

All labor is simply not equal. An hour of work by a bad carpenter is not equal to an hour of work from a good carpenter. You don't seem to understand how this timebank system works. A laborer creates a certificate good for an hour of labor. The laborer then exchanges this certificate to someone else in exchange for goods or services. The recipient of that certificate decides how much to value that certificate. A farmer might offer the laborer one sack of potatoes for an hour of the poor carpenter's labor, but might offer two sacks of potatoes for an hour of the good carpenter's labor.

This is true even if the farmer has no intention of actually using the labor. The farmer might pass the certificate on to someone else in exchange for other goods or services. But what sets the value of the certificate is the value is how much the certificate holder values the labor that the issuer offers. In a timebank system, all labor is most definately not equal.

It might be nice if the good carpenter taught the poor carpenter to be a better carpenter. But that is beyond the scope of the timebank system, the good carpenter is under no obligation to do so. And if the good carpenter is to teach the poor carpenter, does he have to do it for free, or does the poor carpenter have to pay with timebank certificates? And what if the poor carpenter can't get any better? Not everyone can be a master carpenter.
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