Originally Posted By: kallog
Originally Posted By: Revlgking
that greed is not "good" and that power--unrestrained by love-guided morals--can destroy even those who wield it, not just the powerless.
You say that to you this "sounds like communism".

Communism? That is the last thing I had in mind. I equate Communism with Nazism--corporate-dominated and both undemocratic forms of socialism.

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Despite the doomsayers about recessions, I and nearly everyone I know still has a fridge, a job, a computer, even this amazing internet thing! Nearly everyone in the world who already had those things still does. The world is wonderful because of all that greed.
Do you call this "greed"? I am all in favour of all of us, not just the privileged few, having the kinds of things you like having.

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One speed bump doesn't mean we should never have bothered.
I agree.

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You're just doing what religious people commonly do and taking advantage of crises to say "It would have been better my way!"
This was not my point, at all! Torontodollars, like cash can, if merchants so wish, be redeemed for Canadian dollars. However, when all involved circulate them they will distribute all resources fairly and reward workers and merchants alike by employing all looking for work. Such work increases productivity.

This is what I call 'democratic capitalism'--the kind mentioned in the Bible and called Temple money. Later, I will describe how ethical Temple money was designed to provide prosperity for all--rich and poor.

BTW, you mentioned "religious people" as if we are all hypocrites and should be treated with disdain. Of course, I agree that some religious people are hypocrites. But are all atheists and agnostics saints?

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The Toronto dollar sounds similar to things we have called "store cards" and "gift vouchers".
Not quite! Because they are the backed by Canadian dollars they are not just vouchers--they can be circulated.


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Same value as normal currency but you're locked into spending them at certain shops (or groups of participating shops), and that helps those particular businesses at the expense of everyone else, including the consumer.

Not true! The Torontodollars system is available for all who freely choose to use the system.

Thanks for the interesting dialogue.


Edited by Revlgking (03/29/11 03:26 AM)
Edit Reason: Always good to do
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