Tom Beck wrote: >Sounds like the beginning of a barter system. In exchange for my repairing >your car (which took me, say, 4 hours and fifty-five minutes), I get the >exact amount of your time doing something for me that I could not otherwise >do myself. Or else, you just pitch your minutes into a big bin and withdraw >the equivalent number of someone else's minutes. > >Feasible?
Dan M. wrote: >What happens when someone has a rare, highly prized skill? The >average >wage you are talking about is $9.00/hour. I wonder how many >people here >would be willing to work for that. The skills don't even have to be rare or highly prized. Does time spent performing triple-bypass open heart surgery have the same value as time spent flipping burgers at a fast food place, or the same value as teaching kids to read and write, or the same value as someone repairing pot-holes in the street? The counter argument would be that if costs were adjusted the same way wages were adjusted, then it would all equal out in the end. But wouldn't a system like this encourage people who make things to work more slowly, so that their products have more value? Reggie Bautista _________________________________________________________________ Get your FREE download of MSN Explorer at http://explorer.msn.com/intl.asp.
