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?
Jacque Fresco has died
31–40 of 113 posts
Re: Jacque Fresco has died
#32This 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
#33RIP 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...
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
#34Re: Jacque Fresco has died
#35I 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.
Re: Jacque Fresco has died
#36The 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
Re: Jacque Fresco has died
#37Earlier 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.
Re: Jacque Fresco has died
#38>>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.
Re: Jacque Fresco has died
#39Re: Jacque Fresco has died
#40If 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.