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The purpose of Money

Why does money exist?

What is capitalism? and what do the various forms of currency really represent?

And what would we do if there were no coins or dollar bills?

I’ve seen a lot of people arguing recently, caught in a swell of hatred triggered by this year’s US presidential election.

Otherwise reasonable or even mild mannered people taking on the persona of a medieval crusader off to slaughter the “infidels”; there blood soaked armor eternally self justified by feelings of righteous indignation.

And it seems to me that this disgusting landscape painted with bodies of those wounded by spiteful lashings from there friends and families is centered around money related issues ever so ethereal as the word “economy”.

I feel compelled to attempt dispelling a few of the rumors and misconceptions about money by explaining what exactly it is and it’s intended purpose, poor as I am in both knowledge and writing prowess.

Serving Others

When you add value to the life of another person either by preforming for them a service or providing to them a thing or “product” (a thing that is a product of labor, craftsmanship or manufacturing) then they naturally are grateful as any sane person would be and recognize that you are worthy of receiving something in return.

However, because in this day in age we are all of us very specialized in our chosen professions they may not have something that can be agreed upon as of equal value to that which we have given them and also meets or wants or needs.

And if we wish to receive the fruits of our goodwill from another person who can offer goods or services that better meet our needs or desires then we would have to get the person we our selves served to vouch for us that we have indeed provided value to there life and thus deserve there services on merit of our effort for there benefit.

This whole interaction becomes very messy when bartered through third parties via word of mouth. And humanity has taken to the practice of using currency as a means of quantifying the value that one adds to the life of another with there goods or services.

This is then tendered as proof of merit for receiving the effort of others; in other words the money I give you for your services is proof that I deserve them because I have myself served someone else. It is merely a quantification of the value or goodwill that you have given to others.

THE most common misconception I have heard on the subject of money is that you deserve to be compensated in proportion your investment of time and/or effort.
THIS IS FALSE.

Remember the thing money represents? The amount of value you have added to the life of another person. If you work very hard to provide only a little value to there life then you do not deserve very much compensation.

This system rewards serving others, providing them with the maximum amount of value with the least amount of effort, not working hard in and of itself. It isn’t about you, how long or how hard you work; it is about serving others.

A brain surgeon makes a lot of money because he saves peoples lives, gives fathers, mothers, sons and daughters back to there families. And with every effort made to avoid debilitating brain damage. That is a lot of value!

Made all the more valuable because the skill and expertise required to preform brain surgery is quite rare due primarily to the difficult of the training and education. Don’t give me some crap line about how everyone would be a brain surgeon if med school were cheap, that stuff is difficult. =P

By comparison the work of a cashier or burger flipper offers little value to the lives of others, usually an unhealthy mediocre tasting meal or simply enabling a purchase with a few simple motions. The value that these jobs offer to a group of people serving others corporately is small, and the pay is rightly proportionate to the impact of there contribution.

TLDR

I offer no education in economics to back up my beliefs or understanding, only my own plain and simple reason has brought me to the conclusion that “compensation proportionate to the value you provide to others” is the ideal that defines the un-perverted spirit of capitalism.

My next post will address how these principles are to be applied when a group of people are serving others cooperatively (a.k.a corporately, a.k.a. as part of a corporation). Please hold all counter arguments about rich CEOs until after that one. xD

Cool post I found

My theory on this (which I’ve posted before) is it’s all about asymmetric difficulty - purposely not creating a balanced multiplayer.

Back in the day, gaming was hard, and this alienated the mainstream. When the general difficulty of single player games lowered to the extent that finishing a game became a right and not a privilege, the market expanded hugely.

These days though, the big money in gaming is all in multiplayer, not singleplayer experiences. How do you keep the attention of a audience who (like singleplayer) has wildly differring levels of skill, but still feels entitled to win regardless, and will vote with their wallet if denied this?

Easy. You purposely unbalance your multiplayer so anyone can win. Sure, the better players will win more often, but if you fill the decks with enough bombs and enough lop-sided matchups like Blue vs the Goblin Piledriver, then even the worst players will get a relatively regular thrill of victory and stay happy and keep spending money. FPS games have their unbalanced guns and perks that get spammed by “noobs”. This is the same. It isn’t a design error. It’s done on purpose.

…and that doesn’t work, then you can just go the Free to Play route and just straight out sell unfair advantages to them, something that’s sadly crept into retail games too. The promotional unlocks here are an example - spend money at a Magic event and we’ll give you an unfair edge in DOTP. We all make the basic mistake of assuming the developers and publishers are striving for balance, when they aren’t. They’re striving for sales and cross-promotion more than anything.

I understand the Piledriver was originally made to combat Psychotog, but without that card in DOTP, it is just there as a bomb to give unskilled players undeserved wins so they feel empowered and spend money on Paper Magic. That’s why the tribal decks are usually the strongest in DOTP, as they’re also the most straightforward to play. Just spam all your cards as you draw them and win with very little thought, and Protection achieves this. Afterall, an auto-win deck doesn’t work for poor players if it has to rely heavily on their decisions. Root of the Firemind in ‘09 was a great example, just watching how often people screwed up with the Gelectrode timings and lost a winning game. The Piledriver is just play and attack. Just like Serra Ascendant in 2HG, there’s very little scope to go wrong with it.

Lest we forget, while this is an incredibly enjoyable and well featured game, it’s also an advert.


Stevolutionary

WedTM's Blog: My Curse Story

Reblogged from wedtm

wedtm:

I promised that I would explain what happened with Curse, and why I no longer contract for them on the Minecraft Forums and Minecraft Wiki.

I enjoyed my time working there, and I learned a ton. I do regret selling the sites to Curse, mostly because I believe that the community would be a much…

Video game balance

Sooooo true.

goodoldvalves:

Porsche 356 ‘Split-Window’ (1951)
Early 356s featured the Type 369 flat-4 1086cc engine from Volkswagen, which would push these up to 100mph even with only around 40bhp to put on the road.
I would tell you more but I’m still desperate for a cup of coffee.

Reblogged from goodoldvalves

goodoldvalves:

Porsche 356 ‘Split-Window’ (1951)

Early 356s featured the Type 369 flat-4 1086cc engine from Volkswagen, which would push these up to 100mph even with only around 40bhp to put on the road.

I would tell you more but I’m still desperate for a cup of coffee.

Help the “Lets help Mimi get a car” Fund

Reblogged from driftingindreams

driftingindreams:

SO this is difficult for me to even type this out. I run this through my head a dozen times. In my head, it doesn’t seem such a bad idea. But when I break it down by typing it, I always find myself deleting it. Mainly because I always think people will think of me lowly. I still feel that way. But if I don’t try, it’ll always make me wonder.

I want you, my acquaintance, the reader, my friend, to help me out.

Read More

Battlefield theme dubstep remix

Kind of a big deal.
LoL is serious business.

Kind of a big deal.

LoL is serious business.

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