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Fiat doesn't work on a finite planet. Crypto has failed on its goals. What is a better way to be economically secure? (infosec.pub)

submitted 3 months ago by [email protected] to c/[email protected]

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Assuming the title to be accurate, what is a good way for the working class (90%+ of all humans) to save and succeed in this current environment?

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[–] [email protected] 7 points 3 months ago (1 children)

I don't understand why you think that guy was conflating communism and socialism. He claimed communism is moneyless, and in your response you said "neither is moneyless." What's being conflated?

And it's worth noting that most definitions include, if not expressly the word "moneyless," clauses about all property being held in common. And if there is no property, then there is equally no money, by definition (as money is simply a system for the valuation and exchange of property).

[–] [email protected] 4 points 3 months ago (1 children)

Yeah you’re right. Sorry, @[email protected]!

I didn’t say that neither is moneyless, only that I don’t think it’s strictly necessary for a society to be moneyless in order to be considered communist.

[–] [email protected] -1 points 3 months ago (1 children)

Then where is the communism and what’s the point of money? Seems like a capitalist society with a bit of socialism… see any European nation, really

[–] [email protected] 2 points 3 months ago

You seem to think that money and capital are one and the same; they are not.

Do European nations have “a bit of socialism”? Has the working class wrested control of the state from the capitalist class? Have they abolished private ownership of the means of production? No, in fact they’re becoming more and more neoliberal, where the working class has less and less influence on the state.