Posted on 10/31/2008 7:15:01 AM PDT by Arthur Wildfire! March
None taken but, I graduated High School 28 years ago.
The Barter system seems the best thing to me but I don’t see ‘profit’ in it. I see a balanced society. I am getting what I need and you are getting what you need. Granted I never had college courses in Economics but that’s how I see it. Am I wrong? My younger brother is the one that was the Economics Major and was a Financial Planner for a while.
Wow - That is a MUST SEE video!
Yep - check out what happened in Plymouth Plantation during the first 7 years! Disaster!!
As for profit, profit allows growth. Without profit, things stay status quo, you never get 'ahead'.
Ah ha! and that is my point. The Barter system is not a ‘profit” generating system as I see it. It is a Status Quo way of doing things. But in the coming economic disaster if Obama wins I personally will be more interested in surviving than growing. There will still be the ‘I own my property’ and the sentiment of “There ain’t no such thing as a free lunch” mentality. If I do more for others I get more. Is the Barter system really different from capitalism?
About a thousand years ago, I went to the Hill Demonstration School in Cleveland, Mississippi. It was sort of a redneck version of Sidwell. In the fourth grade we were exposed to an experiment where everyone’s grades were averaged, and everyone in the class got the average grade. My recollection is that the class was coed and twenty-four or twenty-five students, so we were all well interconnected and mutually supportive of each other. The first averaged grade was a middle range “B” to my recollection. The grades rapidly deteriorated to failing, at which point the teacher called off the experiment and explained that we had been experimenting with a form of communism in which the class high achievers had been deprived of their incentive and even the low achievers (of which there were very few)were not inspired to their normal level of achievement, and the overall result was a failing effort.
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