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Old 11-20-2016, 12:24 PM
 
65 posts, read 42,057 times
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For example if you wanted to be ethical/moral. Hypothetically if the owners of sports teams were good people how much money should they pay their players? if it were legal to say that as little or as much as you could, if they make lets say 500 million a year, what percentage of that should be distributed to a player and how do you decide?. on the flip side how much should a player ask to be paid?

Or lets say someone makes cakes, lets say neither you nor the seller ever heard how much a cake is worth, you both are nice and are not looking to screw over the other person, how do you decide on a price to pay for the cake, to sell the cake?.

We obviously we live in a world where most most people/everyone wants to act as selfish as possible, people want to charge as much as they can get away with, people want to pay as little as possible

how would a world where everyone wanted to be moral/nice look like when it comes to what i just said? how do you decide how much to pay and how much to charge.

how did the barter system work if both parties wanted to act "fair", how did people in the past do it, ill give you this cow if you build me a table.. how did they decide if this was fair

not sure if im making sense
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Old 11-20-2016, 04:24 PM
 
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There would have been no money in your Utopia. Moot question.
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Old 11-20-2016, 04:25 PM
 
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https://en.wikipedia.org/wiki/Barter
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Old 11-20-2016, 09:09 PM
 
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Most of the market transactions, especially at the bottom of the ladder, are made under duress of the society specific survival necessity, if not fear or despair. Talking ethics diesnt apply there. In the utopia world, no way in hell I would contribute a single penny to the guys throwing orange etc. balls around, it this world I pay regardless of my wishes.

Last edited by RememberMee; 11-20-2016 at 09:18 PM..
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Old 11-21-2016, 10:34 PM
 
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Quote:
Originally Posted by ukrkoz View Post
There would have been no money in your Utopia. Moot question.
how would people get what they need, you still need to put a value on things, would it be a cow for a sheep, wood for corn, how would one come up with how much something is worth
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Old 12-02-2016, 06:57 AM
 
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They'd work that out between the two of them...to the satisfaction of both. It's been done (and will continue to be done) for year and years.
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Old 12-02-2016, 06:52 PM
 
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Quote:
Originally Posted by yologuy01 View Post
how would people get what they need, you still need to put a value on things, would it be a cow for a sheep, wood for corn, how would one come up with how much something is worth
There is only one measure of value - time of our lives. Even conspicuous consumption of the status items at seemingly impractical prices has improvement of the average time exchange ratios of a consumer as an ultimate goal. Show me highly unequal "labor time it takes" exchange ratios and I will show you (disguised)
coercion and slavery.
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Old 12-02-2016, 10:38 PM
 
Location: Dallas, TX
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First, about money.

The reason money developed (well, at least the most plausible I heard) is that it can be exchanged for practically anything very quickly. For example, if you had a lot of corn but needed wool, yet I had no wool but plenty of beef and wanted your corn, you wouldn't want to make a deal with me. I have nothing you want, even though you have something I want and was willing to trade my beef for your corn. We'd have plenty of "stuff" objectively, yet my stuff would be of no value to you. That leads to a very inefficient trade system.

But along comes money. In this system, I could give you money for your corn, which you can then use to obtain wool with. So I get your corn, you get my money, the money that used to be mine but now is yours, you can buy your wool with. The wool owner, who likely does not want your corn but instead wants some hammers, now can use the "formerly my and formerly your" money to buy hammers. Everybody's happy, and much more quickly besides.

As for the fair salary of a professional athlete, that covers a huge number of issues one can hardly get to the end of. A large part of it is team profitability and the willingness of how many fans are willing to pay X dollars to see the team play.
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Old 12-03-2016, 11:52 AM
 
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No matter how nice your are, if you want something you have to pay for it.
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Old 12-08-2016, 08:07 AM
 
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Quote:
Originally Posted by smarino View Post
No matter how nice your are, if you want something you have to pay for it.
yes...in one way or another.
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