i dislike how taboo discussions around money are in leftist activist circles. i see a lot of hand waving. 'money won't be needed in a post capitalist world.' 'money is the root of evil.' 'money is exploitation.' then the conversation ends. i wish it didn't go like this. money is not inherently evil. it's just a technology. just like language. a technology for transporting value across space and time. that's it. it doesn't have to be exploitative. the current monetary system is deeply corrupt. imo it's the source of a lot of the world's problems, but the answer isn't to dismiss it. we should strive to build a better one. if the current implementation is broken fork and build your own.

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this is is bit too reductive. but i agree that they need to think more deeply about this.
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SatsAndSports 1 month ago
I have a lot to say 🙂. I kinda agree, but calling it a problem of "the left" isn't helpful. Left vs right is losing more and more meaning, and some of the most "left" people I know (woke, trans activist, anti climate change warriors, supporters of public healthcare and public transport...) are also experts on money and the financial system and understand price signals and so on And some of the biggest (financial) idiots I know are the "right wing" bitcoiners, who never studied economics in any way before bitcoin and who don't study anything outside the Bitcoin bubble. Pure pleb slop I think you're trying to say that, even in an optimistic Star Trek post-scarcity future, there will still be limits on usage and energy use. Do we build indoor ski resorts everywhere? Do we Terraform Mars? Do we build a Space Elevator? Individuals will de facto have an energy budget, and you rightly point out that money is the only sane way to both distribute resources (not necessarily "fairly") and to give price signals which encourage efficiency.
There is a big lack of integrity by a lot of folks on social media and in every day dealings. This is nothing new. Ones only recourse is not to give away your integrity.
They take 'money is the root of evil' out of context. The full quote is 'For the love of money is a root of all evil.' I find that I cannot talk about money with these people. They have such a limited understanding yet are fully qualified to vote their laws upon me based upon that limited understanding.
I love the energy budget framing and the implications for Bitcoin. The proof of work algorithm makes the cost tangible. It's also exciting for low cost computing, alternative energy, micro grids, and more. It is frustrating that the people most committed to the goal are the most hostile to the one mechanism that would deliver it.
Looking at the corruption of money leads you to start questioning too much about everything you believe. For people far on the left or right, that's pretty much everything. Because that's a painful process, your subconscious makes you stop considering it.
>leftist activist circles There's the problem. They're far more interested in their solution than they are in fixing problems. As I learned trying to bridge ties between Occupy and Tea Party end the fed folks. I'm generally with Richard Poe on Communism being a tool the British invented to control the masses and keep things tending back toward a feudal state. Best thing we can do is show up to fight against wars, against corruption of the monetary system and the K shaped economy it creates, for free speech, and against state control on our own terms and hope some of them recognize our successes. 'By their fruits shall ye know them.' Leftists put the cart before the horse.
All based on experience. I was a leftist myself. They're all in some sort of thought prison where escape would mean to sacrifice some holy cows to even be able to see the walls.
Having grown up let's say "culturally center-Left" I think this is a cultural issue that extends all the way to the center, not just in activist circles. Liberal people in general don't like to talk about (their own) money, it's considered kind of "gauche", like the "so what do you do?" question. There's a fundamental discomfort and uneasiness with having to be an economic actor in the world that I think isn't shared by people who are more Right-of-center. This is why more entrepreneurship, both traditional and "Bitcoin/Freedom Tech"-based originates from the Right; there's fundamentally more comfort discussing how to make money in a way that isn't seen as "ick."