Pay UBI for creating a positive externality. Thats how pratical utopian economy needs to be based on. #Parecon
#ParticipatoryEconomics
https://iambrainstorming.wordpress.com/2022/10/16/what-will-a-boycott-of-the-national-currency-give-us/

Not finished Naomi Klein's This Changes Everything or Kohei Saito's 人新世の資本論 but got wrapped up in #EnoughIsEnough. It keeps making me think of earlier work by #MichaelAlbert with #ParEcon #ParticipatoryEconomics, and even earlier writings by #BertrandRussel, #MortalsAndOthers. Back in 1933 we knew economists were morons:
"Economists were driven to abandon this.. ground by the indignation of the #GeneralPublic. "
but then we forgot and in 2011 students protest #Mankiw?
https://russell-j.com/PUB-PRIV.HTM

> The darker side of market incentives has been neglected and underestimated. Two modern exceptions are Ralph d’Arge and E.K. Hunt, who coined the less famous but equally appropriate concept, “invisible foot” to describe the socially counter-productive behavior of foisting costs onto others that markets also promote.
https://zcomm.org/wp-content/uploads/zbooks/htdocs/books/pareconv/Chapter3.htm
#EKHunt #InvisibleFoot #Market #Economics #ParEcon #ParticipatoryEconomics of #MichaelAlbert and #RobinHahnel

Someone mentioned #parecon as a reasonable economic framework in a video I watched with @wolfi@aleph.land the other day. I couldn't find out what it was. I bumped into it today: #participatoryEconomics http://www.participatoryeconomics.info/