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ChristianKl comments on Crazy Ideas Thread - Less Wrong Discussion

5 Post author: James_Miller 18 June 2016 12:30AM

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Comment author: ChristianKl 20 June 2016 10:40:39AM 0 points [-]

There are formal definitions but even through a country like North Korea doesn't like free markets it has Black markets in which people can earn income.

In times of high taxes in France, rich people for example started to aquire a lot more art because art doesn't have an easily measureable and thus easily taxable value.

Today it's possible to have assets in cryptocurrency.

Comment author: Gunnar_Zarncke 20 June 2016 09:22:54PM 0 points [-]

The idea is not to not have markets.

The idea also isn't to take property away from people. They don't like it...

The idea is to a) embed a better system in the existing society and b) to use basically existing and working means a systematic way, e.g. via contracts a la the viral GPL. If the system is better it will grow and eventually absorb the rest of society not by taking things away but by outcompeting.

I'm asking to imagine such a system and what rules it works on. And don't tell me the current system is perfect.