1/13/2013

Utopian economics

Money, did you but use it right, is a good thing in life, a necessary thing in civilised human life, as complicated, indeed, for its purposes, but as natural a growth as the bones in a man's wrist, and I do not see how one can imagine anything at all worthy of being called a civilisation without it. It is the water of the body social, it distributes and receives, and renders growth and assimilation and
movement and recovery possible. It is the reconciliation of human interdependence with liberty.

It has been suggested by an ingenious thinker that it is possible to use as a standard of monetary value no substance whatever, but instead, force, and that value might be measured in units of energy.

all heating is done by electricity, not coal; how the electricity is generated is left unsaid

One thing that distinguishes the Utopian world from ours is an emphasis on eugenics: the "unfit" are not allowed to have children, but the "fit" are encouraged to. My question is who decides "fit" or "unfit". 

It speaks one language, which is similar to English. What about the diversity?

a world government? Okay, how to solve the incentive and information problem?  

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