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Jacque Fresco has died

nytimes.com

31–40 of 113 posts

Re: Jacque Fresco has died

#31

Earlier quoted context omitted.

No, just put aside some money before quitting your day job and you're fine. Again, if you can't manage to fund development of your MVP, then maybe entrepreneurship isn't for you. I guess the same applies to the "Venus Project".

In other words, if you're not rich entrepreneurship is not for you. edit: Sure I realize that you can start with something smaller and fund able by smaller means. But how long until you can fund what you really want to create?

If you can't make money, entrepreneurship is not for you.

Re: Jacque Fresco has died

#32
"if property rights were respected by all, “humanity would become fantastically wealthy.”"

This comment by Robert Murphy is a weird non sequitur apropos of not much in the article. If property rights are respected by all, some small fraction of humanity will indeed become fantastically wealthy, but the vast majority would be on the tail end of a very thinly tailed distribution as humans become worthless for production - leading to quite a bit of aggregate unhappiness.

Re: Jacque Fresco has died

#33

RIP Fresco. I really like him and his work. But I never understood why he was convinced about the Resource Based Economy. Shouldn't a RBE have the exact same problems as any Central Planned economy? Wasn't this refuted in 1920 by Mises? https://mises.org/sites/default/files/Economic%20Calculation...

Jacque would likely respond with: "They have military, we do not" "They have money, we do not"

He would likely say it all boils down to Scarcity (lack of resources), Extensionality (what we currently refer to as "love"), and the Technology to manage and distribute them.

Also, I would refer to the system as a "Cybernated Resource-based Economy". Difference being that there is a global center which aggregates and manages the total known planet resources and the most effective means to use those resources to offer the redistribution of those resources to people that desire them to lower crime, hunger, scarcity, the need for war, etc.

Re: Jacque Fresco has died

#35

I remember when I watched the Zeitgeist documentaries and had my first contact with this 'resource based" society. Weeks later I had dinner with a friend who was a director in a Spanish consulting firm specialized in the banking sector. I tried to impress him with what I had seen in the documentary. In the end, it was like having an atheist trying to convince the pope about his convictions.

I was also pretty juiced up and into the venus project for a while until I realized nobody is interested in living in such a world. Then I gave up.

We're built for a hedonic treadmill; our striving, and unhappiness with a steady stable state, increases our probability of genetic propagation at the cost of our neighbours. It's baked in at a low level, and if we don't figure something out, it'll be the doom of us all.

Re: Jacque Fresco has died

#36
post #34

The truly big loss for the whole world. RIP, Fresco. Also, if someone needs an essay or paper about him - fill free to visit it at https://handmadewritings.com

What does this handmadewritings website have to do with Jacque Fresco his Venus Project?

Re: Jacque Fresco has died

#37

Earlier quoted context omitted.

In other words, if you're not rich entrepreneurship is not for you. edit: Sure I realize that you can start with something smaller and fund able by smaller means. But how long until you can fund what you really want to create?

If you can't make money, entrepreneurship is not for you.

If you can't make money you can't build a better world?

Re: Jacque Fresco has died

#38
post #13

>>Robert Murphy, an associate scholar at the Mises Institute, which promotes the teaching of Austrian economics, wrote in 2010 that idealists like Mr. Fresco were “wrong to blame our current dysfunctional world on capitalism or money per se.” Instead, Mr. Murphy wrote, if property rights were respected by all, “humanity would become fantastically wealthy.” I read this sort of claim by the 'serious and sober' and real…

I think this is the relevant piece: https://mises.org/library/venus-needs-some-austrians I think Murphy is quite right.

I think Murphy is right in so far as in the aggregate humanity will be fantastically wealthy, but the distribution will be such that almost everybody will only subsist due to the benevolence of the wealthy.

Re: Jacque Fresco has died

#39
You mean someone who understands the complexities of the markets and the financial system wasn't convinced by Marxism with robots? I can't imagine why.

Re: Jacque Fresco has died

#40
I think society values good intention way too much. This man fought his entire life for what amounts to Marxism with robots. His intentions may have been good, his heart in the right place, but his ideas were bad, and if implemented, they would be disastrous.

If we judge him by his intentions, he was a good man. If we judge him by what he wished upon the world, he was a horrible human being. Though we should keep good intentions in mind, I strongly believe that we should also judge the outcome of what people are proposing.

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