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Thank you for a great ride, and for 8 years of support!

Comment: Not in the least.

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Not in the least.

You, and Mr. Paine below, both assume the results of making things abundant. You assume that there must be some limit or a major tragedy (of the commons) will definitely happen. You even assume that things will lead to requiring a central authority to get it all back in check.

IMO, this is all false assumptions. I'm truly convinced that if everyone had full access to whatever they wanted, whenever they wanted, things would work themselves out better than any other system.

Think of the cookie analogy I presented a while back. Five little girls at a birthday party are presented with a plate of cookies. You and I can both guestimate well exactly what will happen if the cookie count is any number between 2 and 30. There will either be peer forced harmony or hurt feelings or some sharing or whatever. However, if there are more than maybe 20-30 cookies, the problem goes away. How many get eaten then? Maybe a dozen or less.

There's a mindset that will have to arise (naturally over time) that comes from changing our society from one of scarcity to one of abundance. Just like those girls... if they had all grown up in homes where cookies are very abundant, the 'eaten-number' would be much less than if all 5 had lived lives of harsh scarcity. The latter case would probably have them all stuffing 6 cookies each into their pockets for later. Do you see the difference between how people act in differing societal settings?

Regarding who will be building all these wonderful free things, Peter suggests, and I tend toward agreeing, that so few actual working 'jobs' will be needed that volunteers will more than cover that need. As a tech guy myself, I would love to play with some newfangled automation system to get it to make someone's new invention. If money wasn't an issue, I would certainly spend a significant amount of time on this for free because it would be a matter of pride in my work.

This still does not address the issue of authority but I believe that is only relevant during the transition period. For those years?? that people haven't yet learned that all things are free, there will still be hoarding and vandalism/class competition. I have my own beliefs on how to deal with this but Peter doesn't seem to address it much. I think this is his single biggest failing.

My solution to the transition actually supports both the full Zeitgeist movement if carried out far enough and the ultimate libertarian principles if halted just before money was forgotten. That idea is to make money so abundant over a steady but predictable time frame, that people simple lose their care for dealing with it. Think of it this way, if every (productive) worker on the planet were to receive raises totaling 500% over the next 5 years, how would you respond? You wouldn't just blow it all (after the initial partying) because you would still be working for it. My prediction is that people would eliminate budget waste (bank expenses) and then monthly payments (car, home, school) and then monthly bills (solar, aquaponics, electric cars, etc.) and then save for an early retirement.

An average family now could then retire in 20 years or less. However, a new family born into this existing system could retire in 8 years with everything paid off, free and clear. They would have higher quality products that lasted a long time and this would minimalize the consumerism environment. As they retired earlier and earlier, the workforce would shrink below even the needed workforce and cause a market driven push for both more automation and less overall production. At this point, it's very hard to even envision any government ran social programs, mandates or handouts surviving because the local, private ones would be so many times more effective (what us libertarians already know) that people would stop using them. In reality, I don't even think any governments could survive, ultimately.

This is the world we should be living in now, had we not succumbed the fruits of our labors to the banks for the last century. It is the ultimate world a libertarian could want for it gives all people a fair shake in determining their portion of the market. I believe it is inevitable if we simply eliminate them now. And we both know how easy it would be to boycott the stock of a bank or mega-corporation into a death spiral in today's economy. We just have to coordinate and focus on single companies, not entire industries.

But, going a step further, what happens when the tipping point is reached? When retirement is so low that extended families are now supported by a single income... When manufacturing is drastically reduced because the concepts of planned obsolescence, overselling and perpetual growth are out of the picture... When factories no longer have employees hoarding as much wealth and power as they can get... When quality products return to being passed on to the next generation... And when any amount of money is loaned to family and friends on 'favor' or 'handshake' basis... When those points are reached, what transactions will even be worth tracking your money for? Wouldn't it be fair to say that peer status will then become the new currency? And isn't that exactly what Peter is pushing for, without his knowing it?

Does this clear up why I disagree with the labeling of Peter's system as socialist, communist or Marxist?