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Poll Poll

What is your take on Intramutualism?

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Good Idea
55.56% (5)
Bad Idea
44.44% (4)
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old Poll New Economic System

ModJuicer
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I came up with an economic system. It was interesting. I named it Intramutualism. How does it work? Well, take a look..

Characteristics:

> Intellectual property is dropped entirely. Instead, the following system is put in place: The inventor and company/division are acknowledged in the filing of an invention, but not given exclusive rights to it. Instead, to incentivize innovation, there are funding incentives. These would actually produce more concrete incentives, because they mean that inventors could actually make a living off of their inventions without taking excessive risk or requiring excessive up-front investment. Being an inventor would finally be an actual stable job, and companies could compete fairly without patent battles. Also, schooling quality would dramatically increase, as all the proprietary information would now be free for public access.

> Standardization and cooperation: Enforced standardization. Do we really need 500 different kind of power tool batteries and chargers when one would suffice?

> Priority: Instead of things like profit determining the amount that can be spent on research and development for something, the return on investment for the good of society would be what determines the amount of funds to be granted, along with the effect one area has on other sectors. With this would come the need for new, more complicated metrics of value to be created. While this might seem like a nuisance, it is a good thing because it would allow us to question the metrics we use to determine value in general, and because such metrics would serve a lot more essential human needs than metrics like GDP. Because of such metrics being used when determining incentives, quality of life would dramatically increase, bring productivity and innovation up with it.

Government databases would be full of the greatest innovations of humanity. Services like Wikipedia, which have much greater economic benefit than they can possibly make as a business, would increase in numbers and funding.. exponentially. The greater good would become the most successful business plan to pursue in such an economy. There would be no more lying public relations team that hides atrocities, because moral and progressive goals would be the uniting base of all businessmen. Also, investors would still be in luck. They would work alongside economists as the deciding parties behind investment and funds allocation in the economy.

It would be a system where the government supports the economy, the economy supports the people, and the people support both. It is truly intramutual, where all sectors unite for the common good to benefit all.

Tell me if you spot something in my idea that doesn't make sense, or if I forgot to mention something. If you have any ideas that could extend on Intramutualism feel free to share them. If you have any questions, ask them. The more askers, the more answers.

Unrelated - Fun Phrases >
edited 8×, last 22.09.23 06:58:26 pm

old Re: New Economic System

ModJuicer
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Hmm.. It has some similar aspects. I looked at some ideas from different economic theories off of Wikipedia (and boy are there a lot of those.. https://en.wikipedia.org/wiki/Outline_of_economics).

However, I did not really use any theory as my baseline. Instead, I asked myself a question: What would the most efficient model for economic development look like?

Here are some key justifications for this system being a good candidate:

> It would remove perverse incentives, i.e. no more bait&switch or scams like NFTs. In standard capitalism, the dominant economic practice, perverse incentives shoot up like weeds everywhere. Why do we have drug problems? Why did "tech support" scammers get so common that there are now scammers that scam the scammers? Why do we have an opioid crisis? Why do companies price their insulin at $200 when it costs $8 to make at the expense of diabetics (shoutout to whoever had that fake Eli Lilly account on twitter)? Why is there a paywall on every other news website? Why do ads keep popping up? Why do smartphone manufacturers keep removing the headphone jack and SD card slot when the actual components take up very little space and offer way more functionality? Why can you be charged royalties for singing the song "Happy Birthday" in public? Why do companies make so you can't fix products that you paid for (https://en.wikipedia.org/wiki/Right_to_repair)?

I could go on and on about the perverse incentives, but you get the idea. There are so many stupid things wrong with the current system that it is frankly an embarrassment. Almost anyone I know would agree that these incentives should be removed, but none have provided an actual method to remove them. Well, except for the person I am the most acquainted with: myself.

> It was implied but not stated that there would be less inequality in such a system. The system would most likely trend towards equality if implemented. Less inequality is more efficient in economics for a few reasons.

• First, resource allocation is much more efficient and fair. Because there is not as large of a divide between rich and poor, there would be less people spending money on extravagant things that aren't of much practical value simply because they have too much money to know how to use properly, yet more people with financial means to achieve growth (reducing poverty as well).

• Second, it helps prevent oligarchy (https://en.wikipedia.org/wiki/Iron_law_of_oligarchy)

• Third, it keeps the motives of the economy aligned with the motives of the people.

• Fourth, it provides political stability.

Anyway, it's also more fair, and I came up with these on the fly, without looking anything up, so there are very likely many more reasons. Simply put, there are many practical and evolutionary reasons fairness is a moral value.

>Intellectual property is not good because it is inefficient, hard to regulate, restrictive, anticompetitive in nature, and very annoying. I hate it and there will be no economic system designed by me that will include it, at least in its current form. It is one of those annoying laws that gets in the way of progress and is commonly and increasingly misused. Removing it is not socialism, it is common sense. Sharing ideas is what makes society progress. Hoarding ideas, as with hoarding anything else in the economy, makes things worse. That is not to say there should be no program in place to benefit the inventor of the idea, but that the system should be well thought out.

> This economic system is also self-balancing, just like capitalism, but the incentives are different this time.

Theoretical example: There is a database of knowledge that anyone can access. However, much of the information is technical and advanced, thus discouraging the average person from using it for their ideas. If indications predict that providing a more intuitive and approachable system is in the best interests of the people, and would give more to society than it would take away (in time and costs) such a system would be developed. Supply follows demand.

Many ideas have been thought up and subsequently dismissed because although they would benefit society (and the economy) as a whole, they would not turn a profit. These are good ideas that are wasted, discarded as useless by companies who cannot monetize the public good.

~0------------------------------------------------------------------------------------------------------------------------------0~

In the end, I think capitalism has its benefits, but it has been milked dry over the past centuries and is beginning to stagnate. The opposite of stagnation is change, so put that in your pipe and smoke it. I don't care if an economy is capitalism or socialism or any other ideology for that matter. I care if it works.

The money in the economy also should not be mistaken as the economy itself, just as a map should not be mistaken as the terrain itself.

I hope this answers some potential misconceptions. I also plan to create a better representation of my concept on paper, as it is generally easier for me to express my thinking that way. It will probably make it much easier to understand as well. Thanks.

Edit: I drew up a first draft. Note that this more-or-less shows how a government structure could look with a system like this. Also, no government bodies are allowed direct contact with each other, except through "communications and oversight", which would consist of ethics teams, and would also have a high degree of transparency. The draft does not have every system in place, because I have barely scratched the surface of the possibilities for improvement, although the ones I have already mentioned would be enough to satisfy me if they were implemented by governments, there is always room to improve.

I will explain more aspects of the drawing later, but as it is 3 AM I should probably not torture myself with sleep deprivation. There is more to talk about. Check back on this post in a few days and the explanations will almost certainly be there.


IMG:https://iili.io/HuHSyAB.jpg
edited 1×, last 30.12.22 12:32:13 pm

old Re: New Economic System

Gaios
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Thank you for sharing your idea about Intramutualism. While I appreciate your desire to create a more fair and equitable economic system, I must disagree with the idea that socialism is the way to achieve it. In my view, socialism has a history of leading to economic inefficiency and stagnation, as well as suppressing individual freedoms and innovation. Instead of relying on the government to control and regulate the economy, I believe that a market-based system with limited government intervention is the best way to promote prosperity and progress.

old Re: New Economic System

ModJuicer
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user Gaios has written
socialism has a history of leading to economic inefficiency and stagnation, as well as suppressing individual freedoms and innovation


This is even more true with capitalism. You know about intellectual property? And how about the recent economic situation?

Besides, this is not socialism by definition. That is why I gave it a different name, and I am operating on different paradigms. It is more of just an attempt to use logic and reasoning to create a simpler economic system.

Wait a second, I just realized what you were doing..
user Gaios has written
While I appreciate your desire to create a more fair and equitable economic system, I must disagree with the idea that socialism is the way to achieve it.

Indeed. The old 'I agree with the cause but not the means' argument. Not gonna fly. You gotta find a better economic approach if you want to refute that idea (not to mislead you into assuming that my idea is socialist. I was just calling out faulty logic in your reasoning)

user Gaios has written
I believe that a market-based system with limited government intervention is the best way to promote prosperity and progress

This, I can tell you with confidence, is definitively not true. The track record of this approach is spotty at best. It just doesn't work, and eventually it fails and the government needs to step in to fix the problems caused by it. Also, when you limit the government too much, it limits their ability to weed out perverse incentives.

In the end, an ideal solution is to be found by thinking analytically about how to approach the economic needs of society, as well as how to increase growth.

Interestingly, the hardest part would probably not be creating a completely working economic system, but convincing people that it would work better than the abomination that is in place currently. Anyway, I hope to make a better, more accurate representation of the system in the future, but my free time is limited so it may take a while.

EDIT: I was finding it funny how everyone is calling it socialism. According to the average internet user: Socialism=NOT Capitalism!

EDIT2: These are my recent Intramutualist concepts developed: Assuming one could distribute wealth to a population, how would it be distributed most efficiently to achieve the greater good? I realized that, assuming the average person has an average intelligence (IQ settles into a normal distribution, or 'bell curve' in reality), it would be most efficient to distribute funds equally, which would improve a society dramatically... if it was a monolith. Society is not a monolith, though, and this in practice would be a bad idea.. after all, what I just described is essentially what communism was, and while that was better than the complete tyranny that came before it, it was ultimately just not as good at performing as capitalism for a variety of reasons, mainly because there were insufficient incentives, so there was slow growth, and when it comes to the choice of using the carrot or the stick, communism was short on carrots but had no shortage of sticks, so predictably the use of forced labor became a common practice in communist regimes. So, while on paper complete equality may seem like good resource management, it fails to account for incentives. However, it is still useful to give everyone a baseline average allowance to be used on basic necessities, in order to take some advantages of the increase in resource distribution efficiency (in other words, Universal Basic Income) to give a little to those that it means the most to, as long as there are incentives added as well. Incentives could be added by implementing regular capitalism in parallel, but there are more clever and efficacious ways to implement incentives. When an individual makes an invention or does a project (or really just anything) that is helpful to society and/or economic progress, they could be compensated for it in cash and social status, by both institutions built for that purpose and maybe also the people if they choose to do so, because gratitude is good for society. It could even lead to a culture of paying back good deeds in full, strengthening cohesion in communities and giving those that engage in such projects a driving social motivation from the knowledge people support their ventures, along with the material motivation already in place. Those that are successful would be the inspiration and example for the following ventures, which would build upon the work of previous startups. Corporations could sprout up to increase efficiency and thus funding and status of the founder, and all workers would get paid because they are contributing to society. The founder would also get a bonus per person that is contributing to society more efficiently than they would be doing otherwise without the company. This is, honestly, more capitalist than socialist (i.e. owners own their companies, competition happens, and people have money and can work harder to earn even more) so I think this could work and fix the problems of capitalism. For inventions, they would be public but would give credit to the inventor. The inventor would then be compensated based on predictions of how much their invention has improved society, which means that not only would there be incentives for inventions, but also that they would mainly be geared towards the common good.

Essentially, in a system that rewards good deeds the amount of effort geared towards helping the greater good would skyrocket. For once, we could all be on the same page.

Further on the topic of wage distribution, how should one distribute pay? Well, it would be calculated by the statistics division of government. All companies would have to report sales and other metrics to the analytics division of government, which would use those and many other factors in calculations in order to make sound economic predictions and provide an optimal economic plan for the greater good of society, including where money goes, how much, and other factors. Machine learning technology would likely be utilized to reduce workload and increase effectiveness.

On a different note, in my drawing I drew the 'communication and oversight' branch of government being connected to each other branch of government. That is actually not arbitrary, but it would be functional in order to make sure all information passes through the same place so information is well organized and multilateral, it would change the conditions so political power is nearly impossible to acquire within the government, and it would dramatically simplify the process of making decisions. Also, the government would be designed so that mistakes, lies, or corruption would be easily detected and managed.

Specialized currency is another part of this idea. That would be a currency that has, for example, different classes of $1 bills. However, while representing the same unit of value, these bills would differ in use. In an example of this using colors as an identifying factor, the government would give a set amount of turquoise dollars to each citizen for minimum living expenses. These turquoise dollars would be restricted to the basic necessities of life, like food (and governments would exchange dollar types with the store after they collect their returns, so they don't have large amounts of money that has very limited use. It would also make it easier to track the accounting of stores by the government). A different type of dollar, green, would be usable for all stuff, but would in all likelihood be rare. Purple dollars would be granted by the government to projects, so they can buy the materials necessary for their projects but are not able to spend money on unrelated things. Pink dollars would be used as incentives. They would be useable for things like entertainment, theme parks, vacations, candy, and other rewards. The list goes on and on, and essentially any combination is possible, so the economy could be much easier to regulate and manage.

Do you have any ideas you think should be considered? Tell me about them. Also feel free to ask questions or give your take on how you think it would work, point out weak points you see in the system, or propose changes you would make to it. Thanks
edited 4×, last 31.12.22 04:28:31 am

old Re: New Economic System

Pagyra
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You forget that as long as state power is in human hands, it will always lobby for someone else's interests. To begin with, it is necessary to start with the change of political systems in the countries and the general globalization to which there is a clear pull of late - now it is very clearly observed throughout the world, adequate people have little attachment to their country, as they see in it not only positive, but also negative. At the moment, the only limitation for a change of residence is the difference of mentalities and languages (in a minimal way thanks to various options and possibilities for translation).
The economy in its generalized form is largely just a locally managed distribution of available resources clothed in a monetary-natural form of exchange. And as long as there is no basis that can manage, there is no point in trying to think only about economic system.
In my opinion, at first, it makes sense to think about the supremacy of state power from a guided and controlled artificial intelligence.
At the same time guided and controlled by humans indirectly by making changes only in the first stages. Because typical norms and algorithms will change over time, and intelligence can self-learn. Yes there are many pitfalls and dangers here (sci-fi makes it possible to evaluate individual perspectives), but in my opinion this is the only proper way to run a state (or several, since competitive is always better) for now
For example, the typical situation in the news about Ukraine is not so much politics at all, as politicians lobbying for the interests of their "friends" and its money.
For example, my relatives (Ukrainians) lived (and partially still live) in Gorlovka, a small town not far from Donetsk. After the secession of the republic and the start of shelling by Ukraine, some of them(run away from war) left for Russia, and my family gave them asylum. And then they received Russian citizenship. But this started back in 2014 - and now I have no approval for the actions of Putin and the ruling United Russia party. What prevented them from intervening back then, in past (or were these thousands of victims needed to strengthen their political influence?)? I think the main reason was the economic interest in United Russia circles. At the same time, a similar interest appeared in Europe and the rest of the world, including, of course, the United States.
Therefore, for my part, I believe that politicians, both European and local, are fighting (with sanctions and missiles) to enrich the wallets of their own and their loved ones by using dying people to do so.
No matter how patriotic you are, I advise you to look at your home country in this situation from the point of view of money-saturation of its individual representatives of state power.

And that's situation is one reason why people need inhuman government power.
edited 1×, last 11.01.23 12:55:29 pm

old Re: New Economic System

ModJuicer
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Ah.. but you have neglected an important rule. Never attribute to malice what can be adequately explained by stupidity (or incompetence or other factors). The west needed to build up defense, train troops, etc. They did not want to intervene because once a western, nuclear power is involved there is no cap on the potential for escalation.

Of course, the Russian government did seem to have a mix of malice and incompetence, but I digress.

Artificial intelligence is not needed to fix the problems. Note:
user ModJuicer has written
Many people get into power simply because they are good at getting into power.

All that must be done is to change the rules required to get into power in such a way that different (i.e. better) types of people will be able to get into power. This can be done, in one of the most basic examples, by using ranked-choice voting. However, I would probably go further to require no potential for conflict-of-interest (i.e. if you worked at Nestlé you would not be permitted to oversee food regulations), along with some basic tests that ensure that public leaders meet a baseline competence. Much more oversight, transparency, a potentially redundancy is necessary to ensure corruption does not happen and mistakes are spotted early on. People are not inherently any more corrupt than they are moral, for it takes morality to be aware of corruption. It is the system in place that can at times make corruption the only logical action. I am not saying that machine learning and neural networks etc. would not be useful, indeed I included the possibility in part of my own idea, but that they are not inherently required or even to be preferred except for specific tasks.
user Pagyra has written
You forget that as long as state power is in human hands, it will always lobby for someone else's interests.

I see this view as pessimistic and misanthropic. If there is a system where the leader does not act for the good of the people, it is because the system was poorly designed. In Russia, with the cultural and economic problems caused by Tzarist rule, Stalin's rule, the dissolution of the USSR (and subsequent rapid and undesired influx of free-market capitalism imposed upon a system built exclusively for communism), and now Putin's reign, the cultural, social, and institutional structure has never had much of a chance to improve. Also, the example set by leaders before him were not a very good precedent.

As far as living in Russia goes, it is an extreme example of bad governance and poor choices. I think if any government needs reform, Russia would be a major contender. Also, it would be a good contender for my economic concept, since its economy is screwed long-term anyway the risk could be considered worth the potential reward, since there's less potential to screw up an economy that is already screwed (not many countries want to risk trying a new economic system in case it fails).

Anyway, you brought up many good points, so thanks for the insight. I will probably ponder this further and may make a few edits in the future addressing things I haven't adequately addressed.

user Joni And Friends has written
Can you tell me what is economic system?
is it like a market or online shop?

It is all the markets and all the shops. And banks. And currency. It is the system in which they operate, and with which wealth, goods, services, resources, and labor are distributed. It is what determines ownership, value, etc.

user Marcell has written
I want an ecosystem where Gaios makes the decisions.

As long as he can come up with something that is not free-market capitalism. That boot has been well worn. I need to see something that is unique. Also, it can't be socialism because we need something that can change our perspective of the economy, not serve as an argument about whether one way is better than the other way. I feel capitalism vs socialism is an argument that will never end, so we need to be a bit more creative instead of taking simple ideas from the past and pitting them against each other. "To create and invent, not compare and dissent, till we wear and are spent, in despair that our rent, and are fares are not spent, with a fairer intent, for our cares with consent, of the barely content, on impaired residents"

old Re: New Economic System

Pagyra
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I guess that would be an off-topic:
Spoiler >

What I have described in previous post is not only typical of Russia, it is simply largest in territory. It happens much more often, and sometimes on a worse scale, in other countries, and it is especially noticeable in Europe, Africa and South America. At the moment, the parties governing the countries and individuals in any country, under the cover of the situation with Ukraine, sell arms and begin to look for reasons for internal conflicts and ways to earn money on this - remember the BLM movement and others. But there are those who profit from this, just as there was with the coronavirus. Lobbying for the sale and manufacture of medicines and related goods with higher prices, fuel issues and artificially created events (explosions, murders) that lead to higher prices, all these are the same self-serving politicians.

Considering what you said about inventing new things, here is my throwing in of ideas for you to ponder.

The new economic system may well be based on the "usefulness" of a citizen to the state, where receiving something strengthens his status and losing something reduces it. Forming a kind of resume of a citizen where his education, skills, habits, addictions (alcohol, drugs, ...), life path, relationships and influence on companies and individuals, existing values, etc. are listed and evaluated as "useful".

Similar to the game rpg principle of morality - when the holy paladin received the sword of death and demons in his hands and with it receives a reduction of karma (relationships) with representatives of holiness and opponents of death and demons, as long as it will be in his hands.

That said, the basis of this assessment cannot be money. It should probably be several parameters of the character. But thanks to them it will always be possible to understand - what this person is worth / what you can expect from him.
edited 10×, last 12.01.23 05:30:56 am

old Re: New Economic System

ModJuicer
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Ah.. Sounds like meritocracy. Sounds good in theory..

However, those that would look the worst on such a resume would have the most potential for improvement (with a few exceptions). It would thus be in the collective interest to focus not on the people well off but those struggling.

But then again, your idea does bring a lot to the table that I have not considered, and I should note that if it is well utilized there is significant potential. For example, such a resume could include personal interests and hobbies. This is important for giving people jobs that they already have an interest in, which increases morale, productivity, and harder-to-measure metrics like creativity/innovation.

Such a resume would be useful, but likely for a purpose different from what you propose. The system would already have a good enough mechanism to determine the value any given individual brings forth to society without needing the resume. However, it would be excellent for pairing people with a job they both enjoy and are capable of, which would be inherently more efficient. It would dramatically increase worker satisfaction and create opportunity for novel innovation to develop.

It would also be useful for determining which people need help, and in what way. People could also use it to form groups who all share a common interest.

On the topic of Russia, It is true that it has expanded fairly peacefully (until recently). It may be the lack of violent history that made people less adapted to deal with such things. It may also just have been other random reasons, of course, because chaos theory.

It is notable that while Russia didn't ever practice racial segregation, it did have forced labor during the Soviet period. Also notably political prisoners were not dealt with kindly, and the purges by and within the government were frequent under Stalin.

old Re: New Economic System

Pagyra
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Spoiler >

Unfortunately, at the present moment, it is the availability of money (no matter how one gets it) that is the measure of one's capabilities. At the same time, a person will not necessarily use and realize these opportunities. And in the current competitive world, freeing up space for the opportunities of the "haves" in the moment limits the opportunities of the "have-nots. That is, those who in theory can achieve something are limited by the framework (laws and morality of the surrounding society), which is based on the amount of money. That is, the poor, until they become richer, will not be able to change their lives or the lives of others for the better. Regardless of creativity, knowledge, skills, physical ability, ... .

And yet back to the artificial intelligence system for government, it is quite compatible with this idea of usefulness for every citizen.
Unfortunately, humans are quite predictable when studied more closely. And there are now implemented (proven in practice) algorithms/scripts/markers/abilities that allow, within certain limits and values, to know/calculate the real capabilities of each person, both their body and mind, ways to detect their lies, find ways to learn more easily, attract attention and create motivation, predict and model their future behavioral responses. As a consequence, it is possible to psychologically program for specific results.

Each person analyzes information quickly enough, but he needs a lot of time to think through and make acceptable choices, and therefore to make fast and true decisions, the person needs help in the form of options ready-made solutions and their existing limitations.

An artificial assistant connected to the general AI system may well "accompany" each individual throughout his life, providing him with the necessary "advice, ready-made solutions and existing limitations" and helping him to realize his capabilities and thereby contribute to the results necessary for the AI system and society.

old Re: New Economic System

ModJuicer
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Ah, AI governance.. I do myself wonder if it is even possible for AI tyranny to exist, as the likes of people like Elon Musk claim. Likely not without human tyranny or agregious incompetence.

However, it would be hard to get such an idea implemented, as we have the infrastructure for human government in place, as well as knowledge on how it works and how to manage it, but not so for AI. The lack of understanding and experience we have in AI, followed by and compounding upon the general lack of trust in it, would make it very difficult to implement it in reality. Another question is what you do if something goes wrong? It would be a political and potentially existential disaster.

The systems you talk of could potentially be put in place, but would need oversight by experts in ethics.

user Pagyra has written
An artificial assistant connected to the general AI system may well "accompany" each individual throughout his life, providing him with the necessary "advice, ready-made solutions and existing limitations" and helping him to realize his capabilities and thereby contribute to the results necessary for the AI system and society


Not a bad idea. While personal AI assistants exist already, personalized personal AI assistants, to my knowledge, do not. Especially not at a level of what I would deem a "symbiotic relationship" with people. It is true that the potential is significant. It would needs ethics oversight of course, but it is true that the more information given to someone or something that is dedicated to helping us, the more it can help. It must be ensured that such a system would not do anything that effectively harms people, in any way, shape, or form.

While it is in everyone's best interests for a benevolent ruler to know more information about them (to better co-ordinate and improve lives) , the opposite is true for a malevolent ruler. One must make sure a system will always be benevolent, under ANY circumstances.

Unrelated, am not sure if by saying "general AI" you meant it as in the type of ai meant to mimick human thinking (called general ai) or more like overall/as a whole/in its intirety.

Anyway, such an AI system could supplement the idea of a "personal resume" to effectively network people and to know the needs, struggles, and inspirations of individuals, in order to provide the necessary social and medical help, the desired career path, and generally understand the motives of individuals to know the type and amount of an incentive required for best performance.

It crossed my mind that this is fundamentally a very exploitative way of organizing society, but exploitation for the maximum benefit of the exploited would be extremely effective, fair, and mutually beneficial way of organizing society. The economy runs on exploitation to a significant extent already, but it is not effectively coordinated with the public good. If people were in a system that, for example, was able to use knowledge on a person to find a job related to their interests and get them interested in doing said job, which benefits themselves either directly or indirectly (i.e. they enjoy it), it would be, in a sense, like being able to have your cake and eat it too. Instead of survival being the force driving work, people could do something they enjoy AND get paid for it.

Basically, in the end there could probably not be any economy more efficient than this at achieving the public good. Essentially it would leverage everything towards it.

That is the genius of the idea. It is, from an evolution standpoint, regarding society as a whole, far superior to more limited ideas like capitalism. Also, because both the economy and quality of life are some of the most politically crucial factors, politics would be far less toxic as a whole, and people would be far more content in life.

There may be flaws in the system, but I have yet to spot any major ones, so I think it would be a decent idea if done right.

old Re: New Economic System

Pagyra
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user ModJuicer has written
Ah, AI governance.. I do myself wonder if it is even possible for AI tyranny to exist, as the likes of people like Elon Musk claim. Likely not without human tyranny or agregious incompetence.

However, it would be hard to get such an idea implemented, as we have the infrastructure for human government in place, as well as knowledge on how it works and how to manage it, but not so for AI. The lack of understanding and experience we have in AI, followed by and compounding upon the general lack of trust in it, would make it very difficult to implement it in reality. Another question is what you do if something goes wrong? It would be a political and potentially existential disaster.

The systems you talk of could potentially be put in place, but would need oversight by experts in ethics.
You are wrong on this point because you are not well versed in modern technology and have not delved into this topic of our rapidly evolving lives. There are now embedded and even artificially limited AIs that can take on all the functionality of a typical government, and the initial algorithmization of processes may well be similar to a human, in the future it may be revised and optimized because in its current form it is far from ideal.
But there are difficulties with some aspects of the relationship between human society and AI, and in particular:
The problem of AI control, employment, responsibility, privacy, bias.

It's a shame that very few people participate in this discussion. You've endorsed the good economic system options I suggested, but that's not the only option - so it's not very good for making the best choices - the more choices, the more opportunities to meet as many conditions as possible. I'll offer another alternative:

Another alternative would be strictly regulated far-reaching (in hundreds of years) goals and ways to achieve them, similar to South Korea's five-year economic plans, Stalin's "five-year plan" for Russia, and all countries that have increased their economic potential in a short time ("economic miracle"), like modern China, Japan, Singapore, .....

The difficulty in realizing this lies in confronting the ugly modern morality of humanity, which is based on individualism - modern aspirations of this kind manifest themselves in a lack of awareness of oneself as part of humanity and responsibility to society, and hint that one should only work while receiving something in return and living for pleasure.
If we look at those who have performed economic miracles, we see people who work not for themselves but for the future.

Many people need a purpose in life, and this system puts man in the position of a servant, a slave, a subordinate in the name of purpose. But such is the specificity of humanity as part of nature--the emerging complexities of the human environment in life on the way to achieving the goal, create the possibility and desire for adaptation (perfection) of humanity as a race in the future.
Nevertheless, it is everyone's way of caring for those around them when there is an overabundance of individual activity that can be turned around for the good of society.
edited 1×, last 15.01.23 05:24:28 am

old Re: New Economic System

ModJuicer
Super User Off Offline

Quote
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So, a few days have gone by. Did I do anything in those days? Well.. Yes. I spent several nights up until ~2 PM or so working on my economic system, mainly on the a diagram for it.

Speaking of which, I created my own type of diagram for this purpose. I call it a Neural Network Diagram (not to be confused with diagrams of neural networks). Here is a quickly drawn demonstration of how it works (I didn't have an eraser):

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IMG:https://iili.io/H8ACz4n.jpg

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Back to what I was saying...
With that out of the way, let's get acquainted with the reasons behind why I did this in the first place. Why create a new economic system from scratch? Why spend countless hours on something so abstract? What even got into me?

Well, it something I heard from a philosopher that inspired me. I was watching a some video on philosophy, and the person speaking said something along these lines:

"It is possible that the next economic system we have will be both more capitalist than Capitalism and more socialist than Socialism."

These seemed paradoxical, but intriguing, and it sparked my interest into what that would look like. Since there were no current economic models that were both more capitalist than Capitalism and more socialist than Socialism, I decided that patience is a virtue, but also overrated when you have the skill and understanding necessary to make something yourself rather than waiting for someone else to come up with it.

Of course, I had more than just curiosity that inspired me. Capitalism has problems, and more than many people are aware of. Not just the "upper class vs poor people" problems or social injustice that socialists seem to focus so much upon (not that I blame them because it is easy for many people to get caught up in the Tribalism of it all). I am talking about substantial functional and structural flaws that make it flawed at best, and apocalyptic at worst. My view is somewhere in-between, but I digress.

I know many may be unaware of just what makes capitalism insufficient, so I will do you a favor and lay out the inherent internal contradictions and logical flaws within Capitalism, the dominant economic model, and how they are fixed with Intramutualism:

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• 1. The contradiction between capital and labor: In capitalism, owners can increase their profits by paying workers less, while workers seek to maximize their wages and benefits. This creates a fundamental conflict between the interests of owners and the interests of workers.

From my perspective, it's like having to haggle for prices at a store every time you buy a product, with the clerk trying to charge you more and you trying to pay less, all while the clerk has the power to refuse your purchase if you can't agree on the price. And all of this is made worse because you don't actually know how much the product costed for the store.

This would be inefficient and frustrating, so stores have set prices close to what they paid for the product instead, because it is the only logical option at that scale. Yet with the labor market and jobs, the things we rely on to help keep us fed so we don't starve, that is exactly how it operates. You don't know how much you make for a company (you could gather details and do the math to work it out, but you would be able to do that in the clerk scenario, and it still likely wouldn't get you a raise if you showed this knowledge to your boss. He would probably just look at you funny and suggest some more productive things you could do with your time).

You have to bargain for wages, asking your boss for a raise if you want one. If you and your boss disagree on your wage, either of you can terminate your employment. This is not ideal because it is inherently unstable, and in both situations I highlighted, there is a high likelihood that it will result in a poor person being ripped off by someone with far more resources than them.

It doesn't help that this is exacerbated by the free-rider problem, in this case if a business pays decent wages, they can be undercut by a business paying lower wages, so all businesses must pay decent wages together to maintain them, because if one of them undercuts the others with cheaper labor, the deck of cards collapses.

In that regard, Intramutualism aims to do the logical thing with labor: to keep worker pay on line with the value they produce, rather than funneling most of it upwards to people who did not create that value. In Intramutualism, the pay is consistent with the contribution, and the Rewards Framework makes sure of that. It is more stable, more sensible, more practical, more logical, and, as a whole, more productive and efficient. It would also give workers direct feedback, psychologically framing it less like work and more like a game that can be mastered to achieve the greatest outcome.

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• 2. The contradiction between production and consumption: In order for capitalism to function, goods and services must be produced and sold on the market. However, the workers who produce these goods and services are also consumers. If wages are kept low in order to maximize profits, which is the logical strategy in capitalism, workers will not have enough purchasing power to buy the goods and services they produce. This leads to overproduction and economic crises, or even a case of the not good, very bad, entire economic collapse.

How is that fixed? Intramutualism doesn't give business owners the power to lower wages. Workers get more wages. Problem solved. Crisis averted. Lives saved.

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• 3. The contradiction between competition and cooperation: Capitalism is based on competition between firms in the marketplace. However, firms also need to cooperate in order to achieve common goals, such as the development of new technologies or the provision of public goods. This can create tension between the individualistic ethos of competition and the need for cooperation in order to achieve social goals.

Meanwhile, Intramutualism only rewards companies for value they put into the economy. If competition between them is detrimental to the economy, it hurts them enough to send the message: Fights of Futility Frequently Fail. This also means that if, by partnering, they can put more value into the economy, then that is the optimal strategy and any competent firm will take that route.

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• 4. The contradiction between short-term and long-term interests: Businesses in Capitalism are driven by the need to maximize profits in the short term. This leads to decisions that are detrimental to the long-term interests of society, such as environmental degradation or the depletion of natural resources. Presto! Instant dystopia! (Pollution flavored, includes natural and toxic flavors. May contain tetraethyl lead.)

However, within Intramutualism, doing destructive things means big losses, because destruction creates no value, but it does destroy value, which would lead to punishment for a company. This goes for both long and short-term destruction.

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• 5. The contradiction between consumer and business interests: Under capitalism, firms want to make as much profit as possible by selling goods and services at high profit margins, while consumers want to pay low prices. This can lead to bad practices, such as firms reducing product quality to increase profits or using unethical advertising practices to persuade consumers to buy their products, which can harm consumers and damage trust in the market system.

In Intramutualism, this is unlikely to happen for several reasons: first, if undercutting competitors with lower-quality products is bad for society or the economy, it will be disincentivized (in the case of overbuilt products, it isn't always bad, so it could still happen, but only if is worth the trade-off). Also, profit for everyone in the company is decided not by how much they sell, and their profit margins, but instead how much value they create.

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• 6. The contradiction between permanent solutions and profit: In Capitalism, businesses seek to maximize profits and generate returns for their shareholders. One way to do this is to maintain demand for their products or services. This can lead to a situation where businesses may avoid permanent and simple solutions that would reduce demand for their products or services, even if such solutions would benefit society as a whole. In capitalism, businesses prioritize profits and generating returns for shareholders, relying on demand for their products or services. This can result in companies avoiding permanent solutions that would reduce demand for their profitable business, even if it would benefit society. For example, companies prioritizing drugs that temporarily treat chronic conditions instead of making actual cures, because they would rather maintain ongoing treatment and profits.

Under Intramutualism, there are a few reasons this strategy would not work. First, businesses would have much more incentive to create permanent solutions, as the value created by permanent solutions is going to be higher than lifelong treatment using temporary measures. Also, temporary solutions tend to be more capital-intensive over time, meaning they cost more. Additionally, there are no shareholders in Intramutualism, and profits are tied to the value produced.

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• 7. The contradiction between productivity and external responsibility: In capitalism, companies aim to maximize their productivity and efficiency by minimizing costs. However, this can incentivize externalizing costs onto society and the environment, such as by taking advantage of cheap labor or resources, exploiting public goods and services, placing more of their work on customers, and utilizing political influence to secure special treatment or avoid regulation. These practices can lead to the exploitation of others and harm the social and ecological systems that support them, while benefiting those who engage in them. This is a form of seeking advantage by using external resources, without providing any corresponding value in return.

As Intramutualism does not incentivize irresponsibility, this problem is also solved. The companies are only paid by how much net value they produce in Intramutualism, not how saavy they are at passing on their costs to other entities. They would be directly assessed, with all factors taken into account.

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• 8. The contradiction between private enterprise and the public market: Under capitalism, businesses are incentivized to maximize profits by selling products or services that are desirable to customers. However, businesses have more information about their products or services than their customers, which makes customers vulnerable to deceptive marketing and unethical practices. This can result in customers purchasing products or services that do not meet their expectations or needs, which can lead to harm, dissatisfaction, and waste. Such practices can also create a power imbalance, where businesses have an unfair advantage over their customers.

In Intramutualism, however, businesses have to operate transparently with the Commerce Connection System. Since they all must release this knowledge, and it is in public access, there are no secrets to keep. Also, shady business tactics would be heavily disincentivized.

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• 9. The contradiction between competition and concentration: Capitalism creates a competitive environment where firms strive to gain market share and dominate their industry. However, this frequently leads to a concentration of market power, with a few dominant firms controlling a significant portion of the market, limiting competition and creating barriers to entry for new competitors. This results in higher prices for consumers, lower wages for workers, and less innovation as dominant firms prioritize maintaining their market position over taking risks and innovating.

In Intramutualism, first off, as these are also shady business tactics, they would be heavily disincentivized. Additionally, the support for Startups significantly lowers barriers to entry, and while technically probably not immune to monopolies in some areas, they would not be able to cause harm anywhere close to the harm monopolies in Capitalism achieve. Also, if there were monopolies, they would likely only form in niche areas, and monopolies would not be helped with incentives for, rather than state-sanctioned monopolies on, specific inventions. In other words, incentives rather than Intellectual Property. That way companies cannot hoard intellectual property and use it to rent-seek their way to the top like they can in Capitalism.

There. Those were the biggest problems with Capitalism I could find, and my system fixes all of them. Theoretically, at the very least.

Also, I wrote a poem while I was researching Capitalism for this purpose, so enjoy:

-~-~ Capitalism ~-~- >


And, with that out of the way, remember the diagram I talked about? Well, here it is, along with a (revised) description of the function of each entity within it shown below:

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IMG:https://iili.io/H879FJp.md.jpg

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-~-~-~-Intramutualism-~-~-~-

--- Descriptions For Each Entity ---


• Analytics Administration:
Gathers important economic data that other systems cannot or do not provide, and fills in information gaps within the system.
Description >


• Knowledge Network:
Stores, coordinates and relays information among all systems using integrated communication systems.
Description >
Optional >


• Calculus Central:
Makes economic calculations upon the request of other systems.
Description >
Optional >


• Rewards Framework:
Allocates pay according to contribution.
Description >
Optional >
Optional >
Optional >
Optional >
Optional >


• Startup Scaffold:
Provides a framework that makes it easy to start small businesses.
Description >
Optional >
Optional >


• Labor Link:
Guides workers to the most suitable jobs available for them.
Description >
Optional >
Optional >


• Material Manager:
Helps manage the economy's resources more efficiently to prevent waste.
Description >
Optional >
Optional >
Optional >


• Commerce Connection System:
Shares knowledge and promotes standards across industries.
Description >
Optional >


• Demand Driver:
Promotes sales of good products and impedes sales of bad products.
Description >
Optional >
Optional >


• Customer Collaboration System:
Gets input from customers and gives it to industry so they know what customers want.
Description >
Optional >
Optional >


• Production Planner:
Ensures that there is ample supply to meet demand.
Description >


• Civic Support System:
Works to make life simpler so people have more free time to achieve personal goals.
Description >
Optional >


• Community Catalyst:
Ensures towns and cities develop in a manner that is beneficial and productive for society.
Description >
Optional >
Optional >


• Industry Interconnect:
Serves as a route for startups to play supporting roles in the function of the economic system itself.
Description >


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So, what do you think? Are there any flaws in Intramutualism, or the logic it relies on? What are your thoughts, ideas, and opinions on it? Do you think it would work?

I haven't got much feedback on this lately, but after the amount of effort I have put into it, any feedback is valuable for me. Thanks, and wish me luck. Intramutualism is still being developed, but it may be finished soon.

Also, I will probably create a less abstract and more straightforward diagram for those that have a hard time understanding the one I made. Does anyone know of any free software to make diagrams with that is easy to use and creates decent diagrams? The only ones I have found so far have been more difficult to use than a pencil and paper, and the actual end results look worse as well.

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edited 52×, last 15.06.23 10:28:35 am

old Re: New Economic System

ModJuicer
Super User Off Offline

Quote
Old >

Hey everyone. It's been a long time since I made an update to my economic system. The reason why? I started a book!

Well, that was some time ago. I now have 40 pages of my work, and counting. It is my approach on all different aspects and angles of the economy, and by far my most extensive work yet on the matter.

It offers up some of my most profound proposals, priceless philosophical proverbs, and perhaps a passel of periodic ponderings, perfectly packaged in pages of pragmatic prose promoting a particularly proficient paradigm primarily portraying a pluralistic path to persistent progress if properly pursued. Now, isn't that a mouthful.

I have a link to the book on google docs, which I enabled for public access so everyone can check it out and leave suggestions or comments if they want to. The link is here: https://docs.google.com/document/d/1-MHpixuDpbcl60B26y8_aOLGBE5sJDTkmweigxL00y8/edit?usp=sharing.

Just figured I would let you all in on what I've been working on in my free time. Any transformative feedback is much appreciated. Enjoy!
edited 3×, last 12.06.23 07:44:04 pm

old Re: New Economic System

khaled1968
User Off Offline

Quote
@user ModJuicer:

I haven't read it, so I can't judge whether what you wrote is good or bad. However, since I am a Muslim and you are not, I won't be taking your work seriously. It's clear that you don't adhere to the teachings of Islam here.

But besides all that, why bothering yourself writing all this? What difference can it really make? Focusing on small details while ignoring the core of the problem won't bring any results.

What we really need today is strength, a force that protects all good ideas. We've had enough of books and theories. We won't be able to bring any idea, no matter how good it is, to life without the power to make it happen, and I won't be discussing the corruption of governments today and how they refuse to implement any idea, no matter how good it is, as they don't have the balls to take risks to improve the social situation. They're more concerned with protecting their fancy mansions and yachts than improving people's lives and the societal system. I'm already tired of this subject.

So, I suggest you find the power to bring your ideas to light, along with your research and study. If you can't find that power, everything you've written so far will be pointless.

By the way, I don't despise you or your work. As I mentioned, I haven't read it. Good luck with your work, and I hope everything goes well.
edited 1×, last 12.06.23 09:28:38 pm

old Re: New Economic System

ModJuicer
Super User Off Offline

Quote
user khaled1968: Actually, these are some very good points, and I'm glad you made them. I hold similar opinions, and I actually have entire chapters dedicated to them.

There does need to be strength and power to implement such solutions, and I actually lay a strategy for how to achieve those things in my chapter Taking Up the Torch, on pages 30-32.

By the way, I recently learned about Islamic Economics, which is a rather interesting subject. It happens to adhere quite well to the wisdom I provide in my book, completely out of coincidence, which leads me to believe that Islamic Economists were quite knowledgeable in what they were doing, that we converged on similar solutions. Notably, though, my method has more to do with describing the general characteristics that improve an economy, so that many different approaches can be utilized, while Islamic Economics tends to show many of those characteristics within its operating methods to begin with, which are already built and running. It is honestly quite interesting.

And, yes, about the problem with those at the top of the financial food chain, I discuss that as well in the chapter, The Burden of Wealth, (pages 34-36) and I plan on further covering that topic even further in the future.

And, of course, I get that, with 40 pages, it is easy to assume that I may focus on small details, but that is not my approach. My approach is to uncover overarching truths about economics, that can have the greatest positive impact through being known (I get into flow state and these realizations and ideas just come to me out of nowhere). I also uncover the great problems of the current economic practices (capitalism) and provide a route to positive change. Of course, minor details may slip in here or there, but the main focus is on the large and important things.

Oh, also, a chapter you might be interested in is The Case Against Relying on Evolution, (pages 23-24) which criticizes detrimental ideas within the modern western realm of economics.

Thanks for giving your take on things. It's always fun to hear from differing perspectives. You seem to be fairly well grounded in your view of the economy, which I respect. Hopefully you can find the time and interest to check out some of my works, and give your take on them. Also, if you do check it out you can add revisions to, or make comments on, the book itself, as I have enabled suggesting mode for public viewers.

Have a good day, and enjoy!
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