Is "Wealth" a Myth?
Wealth doesn't exist. There is only power.
The person with $10,000,000 in the bank might disagree; at least until the bankers call in their debts and the house of cards come tumbling down.
The jewel thief with $150,000,000 worth of stolen diamonds might also object; until the truth of how many diamonds really exist is revealed, or until a lot more are discovered somewhere and we realise they're not so precious anymore.
The dude who invested all his life-savings into gold and silver would likely have to disagree too; that is up until a similar scenario to that of the jewel thief occurs, or until humanity have a universal epiphany and look upon their treasured wealth to see that they are carrying, wearing and storing rocks in high-security volts.
Even the lucky bastard who bought 10,000 bitcoin in 2008 and HODL'd, or the early adopting Steemian who made himself a cool 100,000 STEEM might have something to say about that; until the markets crash entirely, or the internet "stops working due to space weather," or a hacker steals everyone's coins and sends them to an irretrievable address.
Perhaps the landlord who owns seven properties might feel more confident when he calls me out as incorrect on this one; but he would soon go quiet when he realised that he doesn't truly own his properties; and even if he did, that wouldn't stop others from taking the properties for themselves if they could get away with it.
Perhaps the clever cunt who thought it best to invest in stocks, shares and bonds would confidently disagree; until the power of the words on the pieces of paper they hold so dear are superseded by some more powerful words on a different piece of paper (more likely a computer) that revoke the perceived value that was previously attributed to their (now)toilet paper.
Yes, the truth is; wealth as we know it, is bullshit. There is only power. The power to convince others to perceive objects as having value beyond their physical applications.
These cunts must be the same fuckers who knitted the emperor his new clothes, because they have sold us the idea of value, attached it to worthless objects, and then with a dose of fear, they have managed to also sell us the illusion of security that makes us long for more and more of nothing.
But nothing is truly secure-- and none of your wealth is worth anything; unless the ones with the power want it to be.
Well, so far, its a pretty good illusion.
There is a lot more trust as the basis of this system then most would ever want to admit to.
However, since we have invented money, given any amount of time, a group of people will recreate money. Just because it is so much easier to handle transactions. (i.e. prison societies)
Haha. That was great.
The necessity for money stems from the illusion of scarcity that is sold to us.
Not really. Lets say there is a river right over there, a short walk. So, there is lots of water over there, but there is a shortage of water over here, where you are. So, you can go get some water yourself, or try to get someone to bring water to you. Now it could be that you are going to use the water to make moonshine, and so bubba, which bubba would really like, so bubba will exchange his time to go get the water for your time spent stoking the still.
Money can be considered to be a tally system for exchange of other people's time.
And time although not really scarce, their is definitely a finite amount of it, and a problem of only being able to do one thing at a time.
Unless I am misunderstanding this, there is no need for money in the example you have put forth. Bubba can simply get the water as he is more fit to do, in return for some of the moonshine, that he is unable to make.
You are correct, that there is no need. However, when you get to more then a few exchanges and more than a few people, then the tokenization of favors comes in handy.
To the question in your title, my Magic 8-Ball says:
Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.
Who is the President of the United States?
Useless.