Wow, you actually listened for once.
Camicon wrote:
I have consistently said that language conveys information better than money; here, I used "words" as shorthand. But written language is a system of communication facilitated by common understandings of particular symbols in particular arrangements, and what are emojis if not symbols?
Also, do you know what a joke is? Or context?
In any case, everybody intuitively understands that talk is cheap.
He said, unaware of the irony.
Camicon wrote:
If your theoretical system doesn't work in the real world, when you attempt to apply it, then your system sucks.
In the real world people spend their money to determine the order (relative importance) of lots of things. People use their money to determine that computers are relatively more important than gummy bears.
In the real world, people spend their money on the things they need in order to survive and function. Then they spend or save their money as they see fit to maximize their enjoyment of their life.
If it's important to know the relative importance of computers and gummy bears... then how could it not be important to know the relative importance of threads and Netflix content?
The relative importance of these things is important, I've never claimed otherwise. But how much someone spends on something is not a good or accurate indicator of it's relative importance. This is doubly true if you try to compare peoples spending habits.
"My" system is simply the logical extension of the system that we all regularly participate in and benefit from.
Your system is an unmitigated mess on every front.
Unfortunately, we take markets for granted and fail to appreciate what they are good for. Or, we incorrectly understand what they are good for. Lots of people think that markets are good for making money. But in reality markets are good for determining the relative importance of things. What makes them good at this is that everybody can use their money to participate in the process.
Unless they dont have money to waste on "letting people know their true valuation" of some random bullshit.
That group includes 99% of people, by the way.
With democracy everybody can certainly participate... but people use their votes rather than their money to participate.
A "democracy" where people use money instead of votes to determine the government is actually an oligarchy.
Votes are essentially talk and again, talk is cheap. With command economies only a few people can participate.
You know what else is cheap? Air. I don't pay a cent for it.
There's no bigger problem than figuring out the best way to order things.
Climate change springs to mind.
You can help solve the biggest problem in the world.
So could you. Go write your congressman about how you feel about climate change.
