Publishing my initial model for hypercapitalism

skilesare

I posted a stupid question a couple of weeks ago and got some good feedback.

@ChristianKl suggested that I start building a model of hypercapitalism for people to play with. I have the first one ready! It isn't quite to the point where people can start submitting bots to play in the economy, but I think it shows that the idea is worth more thought.

Analysis:

http://www.hypercapital.info/news/2015/4/19/a-published-model-of-hypercapitalism

Runnable Code - fork it and mess around with it:

http://runnable.com/VTBkszswv6lIdEFR/hypercapitalism-sample-economy-for-node-js-and-hello-world

I'd love some more feedback and opinions.

A couple of other things for context:

hypercapital.info - all about hypercapitalism

Overcoming bias about our money

Information Theory and the Economy

I posted a stupid question a couple of weeks ago and got some good feedback.

Analysis:

http://www.hypercapital.info/news/2015/4/19/a-published-model-of-hypercapitalism

Runnable Code - fork it and mess around with it:

http://runnable.com/VTBkszswv6lIdEFR/hypercapitalism-sample-economy-for-node-js-and-hello-world

I'd love some more feedback and opinions.

A couple of other things for context:

hypercapital.info - all about hypercapitalism

Overcoming bias about our money

Information Theory and the Economy

See my answer below:

http://lesswrong.com/r/discussion/lw/m38/publishing_my_initial_model_for_hypercapitalism/ca33

I mean that some of us are better at generating some kinds value than others. (Division of Labor)

A wine maker who has been in the business for 25 years can make a better bottle of wine than I can. If he wanted to make the same bottle of wine that I can, he could do it more easily.

A competent wine maker is already rewarded for being able to produce a good bottle of wine under normal capitalism -- he can sell this bottle for, say, $50 and you can't do this with your homebrew.

As to you goals, I don't see why low velocity of money is a problem (yes, I'm familiar with Keynes). It's a symptom of the sluggishness of the underlying economic activity, not its cause. Having bank deposits or bonds pay negative interest is also a solved problem (see contemporary Europe), and if you want all store-of-value to be subject to negative interest rat... (read more)