From Elaine's Idle Mind - and Devil's Workshop:
Monday, February 4th 8:55pm
Why do people knock communism? It’s not a bad idea! From each his ability, to each his needs. It works great among my family and friends. We don’t keep tabs on who bought the last round of drinks, nor do we charge each other for rides to the airport. It. Just. Works.
Funny how it always seems to end in disaster when employed at a national level. I think it’s fair to say that communism is a perfectly reasonable economic system; it just hasn’t gotten over some scaling challenges.
Communism, but on the blockchain.
Kidding. Intra-family/friends transactions aren’t really communist — they’re governed by an informal accounting system with reputation as currency.
Anthropologists sometimes refer to this as a moral economy; a system governed by customs and social pressure in the absence of formal regulation....MORE
The number of participants in a reputation-based moral economy tops out at our ability to maintain persistent social relationships, also known as Dunbar’s number.
Or does it?...