too poor
> Was it too expensive? If so, why wasn’t it priced at a level where
> they’d get customers???
bc these ppl were poor and pricing it too low would have meant they'd
lost money (making assumptions for the sake of the argument - provided
they're realistic i don't see this as compromising the *point* of the
argument)
> Was it unsafe? Why didn’t they hire security if so?
>
> Did it not go where people needed it to go? Why didn’t they redesign
> the routes if so?
this was all fine, presumably they had appropriate routes
> Why didn’t it go out of business if it was having trouble getting
> customers? (I’ve read that Brazil mostly doesn’t subsidize its bus
> systems, but I’m skeptical as to how the lines can keep operating in
> places where there’s low customer volume).
let's presume they had enough to be profitable, but still under capacity
(like every bus was 1/3 full)
> Were people using competitors they liked more? Were any of those
> competitors outlawed or disadvantaged by government laws? Or were
> people just walking everywhere, or what?
>
> There’s more to this story.
>
>> a favela with bad employment, trash in the streets so bad you
>> couldn't even get a garbage truck in, health problems, social issues,
>> etc.
>>
>> Someone had the idea to give away bus tickets (the buses were running
>> anyway just not used, so no extra expense really) in exchange for
>> bags of trash.
>
> How were they running empty buses for who knows how long?
somewhat empty, not fully
> How did paying people to be garbageman in exchange for bus rides help
> the bus people to, for example, pay their drivers and buy fuel and
> replacement tires for the buses??
presume they were profitable anyway, but also if you do this for some
period of time and then ppl can bring in enough money from outside the
economy can become self-sustaining
>> So ppl in the favela started collecting trash and getting bus
>> tickets.
>>
>> This had a bunch of effects. Streets started to get clean, and health
>> improved bc of this. Also ppl started being able to use buses to go
>> places which helps with jobs, trade, etc.
>
> Why not just discount the fare (which would get you more money anyways
> than running with a bunch of EMPTY seats — you see this principle in
> operation all the time in the hotel and airline industries btw) and
> also, separately, pay people to be garbagemen??
well, they were paying ppl to be garbagemen - in bus tickets
how'd you do the subsidy? maybe this was an order of magnitude more
efficient
> What’s the point of linking the two?
bc that's what created the synergy
>> The bus tickets also started to be used as local currency, at
>> markets, that sort of thing.
>
> Right cuz people were getting paid in them and had extra.
>
> Lots of things *can* be currency. Local bus tickets aren’t great,
> though!
no, they're not. lots of problems like non-divisibility. but bad money
is better than no money. also they're pretty small units of currency
already, would be more of a problem if the tickets were worth $100USD,
but if they were $1usd then it's easier to see how it could work
>> and so you got really good feedback loops.
>>
>> at the end of the day: wealth went up, health increased, streets got
>> nicer, trade increased, mobility increased, etc.
>>
>> And Lietaer argues this was because of the nature of the money: it
>> had particular utility and allowed an _isolated_ economy to form,
>> external to the greater brazillian economy.
>
> I don’t know if you have some idiosyncratic idea of isolation or
> something here. But FYI, isolation isn’t good!
universal isolation isn't (well, there are some cases e.g. political
money where it might be, but in general no it's not)
however, it wasn't universally isolated, it created a semi-permeable
bubble
> Economic integration — via trade — helps productivity and peace.
> It encourages people to specialize in what they can produce better
> (more bananas in the tropics, more cheese in France) and raises the
> costs of things like wars and stuff.
absolutely, but money (and wealth disparity) can also create boundaries;
e.g. poor person living in NYC has less access to stuff than a person of
same wealth living in peru
>> This goes back to his theme of monetary diversity too - even if the
>> brazillian real fluctuated wildly this community would be mostly
>> unaffected (granted the connection to buses does mean if they shut
>> down it might have made the bus-ticket-currency worthless)
>
> That’s a pretty serious stability issue!
well it was already a near zero-net-worth area, and the instability
would be due to outside stuff not inside this bubble
> I wouldn’t bet my wealth on the continued operation of an
> "under-utilised public transport system” in a Brazillian shantytown!
> BITCOIN sounds like a better bet compared to that!
haha, maybe, but it doesn't need to be perpetual
>> You can also look at Bitcoin as monetary engineering - it was just
>> released into the wild, no coercion, but has had (and is having) a
>> big effect on the reorganisation of wealth and fintech, among many
>> other areas.
>
> I think Bitcoin has a lot of problems in terms of the technical side
completely agree
> and its primary uses are speculation and the facilitation of criminal
> activity.
while speculation is a big activity, i'm not so sure about the criminal
side - there have been some talk of money laundering but that's way way
less than via banks
also criminality is not necessarily good or bad - e.g. buying jeans in
the USSR was criminal
> AFAIK the main good to come out of Bitcoin is the bitcoin lotto
> winners giving SENS millions!
that's one good, but it's also somewhat explanationless and they're not
attaching conditions or trying to improve SENS - just blindly donating
>>> Money should be neutral, reliably providing the benefits money
>>> provides (medium of exchange, store of value) and otherwise allowing
>>> people to set their own priorities.
>>
>> Yes, but that doesn't mean we should have only one kind or type.
>>
>>> The creation of money shouldn’t be used to implement a social
>>> agenda.
>>
>> Why? If it's not coercive what's wrong with that?
>
> Trying to manipulate people is intrusive and nasty, whether or not
> force is used.
manipulate is value laden - changing ppls behaviour via interacting with
this is not universally bad.
if I make a product and advertise I'm trying to change ppls behaviour -
that doesn't mean it's bad
if i write a philosophy essay and tell ppl about it i'm trying to change
their behaviour too
>>> Anyways I read the YouTube description which said
>>>
>>>> Bernard Lietaer argues that the monoculture of money is what
>>>> creates economic instability, leading to liquidity crises. He calls
>>>> for a greater diversity of alternative currencies, citing
>>>> innovative and enormously successful initiatives like the
>>>> Lithuanian Doraland Economy, the Torekes in Belgium and
>>>> Switzerland's famous alternative currency, the WIR.
>>>
>>> First off, economic instability (in the sense of long-lasting
>>> "depressions", as opposed to relatively short downturns) is largely
>>> caused by government mucking with various things (not just monetary
>>> policy, but also regulations, tariffs, high tax rates, etc.)
>>
>> What do you think of Minsky's Instability Hypothesis?
>>
https://www.youtube.com/watch?v=G9_nqc-A5_Y
>
> Can you give a brief indication of the core content? The video you
> linked is 90 minutes long.
this is 8 min:
https://www.youtube.com/watch?v=HrXngX2J1K0 - can't vouch
for it bc haven't reviewed it
https://www.youtube.com/watch?v=KaQdgBBTgRI - 7 min video from steve
keen (same as orig video), sort of an overview of history more than a
full explanation.
basically credit cycles cause instability via public/private debt ratio
to GDP - explains some instabilities - to do with increase of private to
gdp ratio particularly I think. I can't do it just here.
>> Policy does come in to that but I think 'monetary diversity helps
>> resilience' is compatible with it.
>>
>>> More monetary competition would be nice but isn’t essential to
>>> avoid economic instability.
>>
>> I'm not convinced of this. Or maybe a better way to put it is:
>> monetary diversity helps avoid economic instability and thus helps
>> correct mistakes
>
> I also doubt bus token economies would provide the sort of resilience
> to the monetary system that would be helpful.
i agree - but the point of that was not that monetary diversity via bus
tickets is a panacea, just that it allowed this one case and the result
was good (i.e. employment, trade, meaningfullness for ppl, better living
conditions, etc)
> What I’d imagine is more like, several big, financially stable
> corporations offering difference currency options, with very clear and
> detailed policies governing things like how much currency exists and
> can be created at any one time and that sort of thing.
I'm not as much a fan of them being run by big companies - I don't see a
need for that and introduces dependencies that aren't always good (like
we don't want to exacerbate the "too big to fail" phenomena, right?)
That doesn't mean we couldn't use secondary currencies linked to them,
but my intuition is that they shouldn't hold too big a part of the
market
Yup.
> Just pay people general use money, don’t try and control their life
> and make them a puppet who has to take the transit method you approve
> of and spend the “right” amount of resources on educational
> materials etc. So gross.
on the whole I think this is okay - but if it's just 1:1 convertable
(like the bristol pound) feels a bit less useful to me.
> Honestly it’s interesting cuz lots of lefties thing getting paid a
> *wage* is slavery, but getting paid a frickin’ special-use *token*
> is much more controlling and restrictive than general use money.
Yeah - case in point
http://peerism.org/ "Peerism solves job automation
and wealth inequality via a proof-of-skill blockchain economic protocol
which matches paid work to tokenized individual skill levels, and shares
the wealth from AI."
I don't think it'll hold up at all. also man lots of buzzwords.
>>> It’s kinda like if you did voice overs for Audible and they paid
>>> you in Audible credits. Love Audible, but I wanted pie! There’s
>>> only so many Audible credits you can use!
>>
>> Some people in blockchain land think like this and it's frustrating.
>> Like "tokenize everything" regardless of the explanation.
>>
>>> A big point of money is to help facilitate transactions in a society
>>> where there is a complex division of labor and many many goods one
>>> can purchase. So restricting the uses one can put money towards is
>>> actually fighting against the point of money!
>>
>> To some degree, but what if you wanted to affect division of labour
>> _in one thing only_ (e.g. politics)?
>
> Then spend money to hire people to do the politics stuff you want ;p
not sure we're talking about the same thing - the problem is that
politics is anti-specialization now (due to ideas like:
one-person-one-vote-on-everything)
some specialization happens due to policy trading but if you have a
majority like the republicans do now then democrats are cut out 100%,
which is anti-trade.
imagine cutting out like 45% of the population from the economy?
in any case - i think there's a better way.
>>> If the idea is to restrict the uses one can put the Dorabucks to in
>>> order to basically pressure/force/“nudge” people into spending
>>> more on educational products, that’s super awful/bad/nasty/evil.
>>> If you want to get people to spend more on education, persuade them
>>> of the value directly. Don’t use shitty fake currencies to create
>>> some sorta pressure.
>>
>> Well, not if it's easy-ish to sell, if they made it so you couldn't
>> sell (or was super hard to, like loyalty points) and then exploited
>> ppl who had lost their jobs or something then yeah, it'd be evil.
>
> I think projects of the type where you are trying to
> manipulate/control people’s behavior are evil.
coercively, yeah. but there's nothing wrong with simply creating an
economic machine and letting ppl choose if they want to use it. if it's
good then they'll tend there. that's why no communist-society-machine
works well, because ppl want to opt out and opt in to a more capitalist
society.
elements of capitalism are innate in reality - i think - bc it's
fundamentality individualist and non-coercive, but there are many ways
to construct capitalist societies and they all have different
properties.
> Some people think advertising is like that but they are wrong.
> Advertising is trying to appeal to people’s *current* values and
> convince them that some purchase will help them fulfill these values
> (e.g. an ad might appeal to a guy who thinks of himself as a cool guy
> and imply that cool guys have cool cars like the one in the ad). Lots
> of the actual values promoted in ads are silly/bad, but the ads are
> just taking people as they find them, not trying to change/control
> their lives.
convincing / persuading someone is manipulation - just the good kind.
maybe i'm using manipulate in too general a sense, in any case i think
it's an ambiguous and value laden word that hides real details. like the
problem with emotionally manipulating someone is that you're doing
something to them they don't get to choose (initiation of force; unless
their super skilled and can see it or react appropriately). but then the
problem is that you're secretly coercing them (which is a specific
crit).
i see manipulation in the general sense as changing something about
environment / experience that alters the result. how it alters the
result and what the motives were are deeper issues and the actual point
that criticism should focus on, not that some change was made at all.
if you don't like how i'm using manipulation as a word i'll stop using
it, but will call you out too when you use it if i think it's hiding
details or value laden. maybe easiest to agree not to use it at all in
that case?
---
Max Kaye
xk.io