quote:There would be no material capital. Currency and monetary exchange would be replaced by people having the knowledge that, if they needs goods in the future, they can do the same thing to people what said people are doing to them now.
Where would the capital structure come from?
quote:people who make lasers and vacuum equipment. They would provide you with these things because they know that if they ever require a good, they will receive it for free.
Who's going to give me lasers, vacuum equipment, etc?
if, instead of being money, the reward would be the knowledge that your needs would be met by people in the same situation as you?( not being rewarded with money)?
quote:What's the difference between the capital in this world and the capital (knowledge, expectancy) in the OP world?
There would be no capital structure.
quote:So forced bartering basically? I guess it could work, but wouldn't be ideal.
In other words, knowledge that you will receive goods replaces knowledge that you will receive money as the incentive to work.
quote:It wouldn't be forced and it wouldn't be bartering. You don't have to provide a good in return for a good you'd receive. It wouldn't be the knowledge that you would get the specific good that the person who needs your goods produces, but rather the knowledge that any good you need would be provided to you.
So forced bartering basically?
quote:Who ensures that everyone provides a product or service? The community? Would each individual have to meet a productivity threshold? What if everyone wanted to fish?
It wouldn't be the knowledge that you would get the specific good that the person who needs your goods produces, but rather the knowledge that any good you need would be provided to you.
quote:No, that would be government coercion.
Would each individual have to meet a productivity threshold?
quote:No one has the same interests. There would be many different occupations.
What if everyone wanted to fish?