RE: [ox-en] Re: The Future of Un-Money // was "Re: There IS such a thing as peer money"
- From: "Paul Cockshott" <wpc dcs.gla.ac.uk>
- Date: Sun, 28 Dec 2008 20:54:31 -0000
[Converted from multipart/mixed]
*P2P Thermoeconomics *(Theory)
Given that human and machine processes and the communiction/transportation
infrastructure for both require energy to continue functioning and given
that this energy cannot be made from nothing or destroyed (i.e, conserved)
then, in order for human and machine processes and the
communiction/transportation infrastructure for both to continue functioning,
energy must flow, as potential energy, e.g. tokens (money) or as electric
current or fuel, between the energy sources, the humans, the machines and
There is a category error here. Money is not energy and one must not confuse
the role of real energy fluxes with monetary flows. A society needs energy sources
whether it has monetary relations or not.
Money is a technology of record, or rather a historical sequence of technologies
of record that support an information structure -- one that, using the Hegelian
principle that the present is the key to the past, we can now understand as
a relational database system.
The grammar/signature/laws of motion governing this formal system of monetary
records do however retain formal similarities with the laws of conservation of energy
and it is for this reason that Yakovenko argues that we can apply Boltzmanns analysis
of energy spectra in gases to the distribution of monetary wealth in a simple commodity
But this is a formal similarity only. Money and energy are distinct they only follow similar
laws. But one can not be substituted for another.
Contact: projekt oekonux.de