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  • Showing only topics with the tag "economics". Back to normal view
    1. Credit-based communication platforms?

      Does anyone know of any communication platforms [1] which use a credit system or have a 'cost' attached to actions such as making a post or commenting? I am imagining something like Reddit or a...

      Does anyone know of any communication platforms [1] which use a credit system or have a 'cost' attached to actions such as making a post or commenting? I am imagining something like Reddit or a forum where users have a balance, and actions have a cost which is charged against that balance. So if I have 100 credits and posting in r/whatever costs 2 credits/post and 1 credit/comment then that limits the amount of interaction in that sub.

      I am wondering if a cost system like this would be useful for moderation or to promote high-value content, since it effectively turns the platform into a market. One effect of this system is that it would discourage low-value posts/replies/comments, because there is a cost associated with making a post, namely opportunity cost of posting something else later. Perhaps the credits are purchased with real-world currency, which I assume would amplify this effect?

      I imagine a sustainable system would have some way to reward users of high-value content with more credit so they are incentivised and able to produce more content: maybe upvotes count as credit, or users can donate credit to each other?

      [1] I hope this term is vague enough to encompass all forms of modern digital communication. I am curious about direct communication (email, WhatsApp, ...) as well as social media in its various forms (Reddit, Tildes, Twitter, ...), niche platforms (Letter), wikis, fora, and anything else under the sun.

      12 votes
    2. Why don't we just ban the buying, selling, and merging of companies?

      With the ever-growing stream of acquisitions and mergers, it got me thinking: Why do we permit companies to do this? What would the harm be in banning this practice? If a company is becomes...

      With the ever-growing stream of acquisitions and mergers, it got me thinking: Why do we permit companies to do this?

      What would the harm be in banning this practice? If a company is becomes insolvent, release all of it's IP to the public domain, dissolve all patents/trademarks, and sell off physical assets to pay debtors (first of which should be former employees IMO, but that's a separate discussion).

      Edit: I think my original intention of the post to kick off some interesting discussion has worked. Thank you to all current and future posters!

      16 votes
    3. For the people who want capitalism to be replaced by some form of socialism, why?

      (Yes, I know "socialism" and "capitalism" are vague terms, hence why you should probably very much clarify what type of "socialist" system you want, since "socialism" can be anything from market...

      (Yes, I know "socialism" and "capitalism" are vague terms, hence why you should probably very much clarify what type of "socialist" system you want, since "socialism" can be anything from market socialism, Marxism-Leninism, Syndicalism, democratic socialism, Trotskyism, anarcho-socialism, anarcho-communism, Luxemburgism, etc. Also, I'm a far cry from informed in this, so please correct me when needed.)

      So anyway, if you call yourself a socialist or at least want to abolish capitalism, why?

      So for the best reasons I have seen are:

      • Capitalism is inherently hierarchical and incompatible with democracy, which is egalitarian.

      Obviously not all types of socialism (I.E, most types of socialism that have been tried for more than a few years because they weren't overthrown or voted out) are egalitarian however and many of these systems are completely centralized.

      • Big companies will naturally use the state to their own advantage, as capitalism is driven by self interest instead of any vague marker of "competition".

      The main argument against this is that you definitely regulate capitalism to be more competitive with stuff like antitrust without abolishing the whole thing.

      18 votes