On The Relationship Between Transcend and Transcendi - General

January 30

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Specialist290 <specialist290@hughes.net> on 2016-10-26 16:49:00 wrote:

I’m still not entirely convinced that you can wed two minds together like that without either fundamentally distorting one’s self-concept or falling afoul of the principal-agent problem – since, presumably, the Transcend as a whole has access to “private” information that other constitutionals don’t, and can make its decisions for “what is good for ‘you’” based on information that you-as-you wouldn’t necessarily have access to (including, say, the private thoughts and goals of other constitutionals).

And since the subject’s already been broached: My question about the economy wasn’t meant to suggest that a centralized system would be preferable to a free market – far from it! – but rather as something along these lines: In an environment where a multitudinous measure of costs, benefits, and personal utilities can be calculated and shared relatively cheaply, does it make sense to still try to squash all these into a single “price-value” (that may not necessarily reflect a uniform cost even when compared with goods that trade at the same price) for an exchange intermediary? Is there a possibility that a central currency itself (and the attendant financial management institutions that go with it) is itself the “centralizing force” holding the market back when you could feasibly make an exchange based solely on point-to-point mutual utility calculations?

Or, stated another way: What if being held back by money is what’s keeping a free market from being even freer?