Talk:Biocapitalism: Difference between revisions
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I'd like to bring the conversation up, so we are all on the same page. Assumptions: | == I'd like to bring the conversation up, so we are all on the same page. Assumptions: == | ||
Gold is money. It's an accounting mechanism. Finite and difficult to fake. So, some of gold's value derives from the labor it takes to mine it. That equates to slavery. | Gold is money. It's an accounting mechanism. Finite and difficult to fake. So, some of gold's value derives from the labor it takes to mine it. That equates to slavery. | ||
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Example: The USA. Although originally a gold-back dollar, since 1913, it has been labor-backed via income taxes/bonds. | Example: The USA. Although originally a gold-back dollar, since 1913, it has been labor-backed via income taxes/bonds. | ||
So, is much of the discussion on biocapitalism, a rationalization for slavery? Past and present? | So, is much of the discussion on biocapitalism, a rationalization for slavery? Past and present? | ||
--[[User:Andrewbb|Andrewbb]] ([[User talk:Andrewbb|talk]]) 22:54, 7 January 2021 (UTC) | |||
Revision as of 22:54, 7 January 2021
I'd like to bring the conversation up, so we are all on the same page. Assumptions:
Gold is money. It's an accounting mechanism. Finite and difficult to fake. So, some of gold's value derives from the labor it takes to mine it. That equates to slavery.
Greenwich/London/England created standards, including physics, equating labor to money. Energy to money. Energy to labor. Food to money. How many calories to mine the gold?
Money is partially a construct for the balance of payments between countries. The ruler of a country frequently uses money to leverage the population's labor. Currency design is key to that leverage.
Example: The USA. Although originally a gold-back dollar, since 1913, it has been labor-backed via income taxes/bonds.
So, is much of the discussion on biocapitalism, a rationalization for slavery? Past and present?