Tuesday, December 22, 2020

Economic Gamification

Capitalists constantly say they believe that capitalism generates so much "innovation" or something similar. It is true in one sense, capitalism is the gamification of economics. Elements of it are used for incentivization, elements of it are used to keep a symbolic score, etc. The problem with all this is it is no longer economics at this point...we are not "economizing" anything, that is we are not conserving resources or making their distribution and utilization more efficient. We have enhanced the "game" aspect and lost all the "economic" aspects of our "system." I hate to tell you if you don't already know, but capitalism is a really crappy economic "system."

Sure, we should take note of what elements we might be able to salvage regarding incentivization, tracking of transactions, transactional group collaboration, etc. BUT we definitely need to realize that the system we have now is a really bad game...a game that has dire consequences for the environment and all the players. We need to build a new economic system, FIRST on principles of actual economic sustainability and efficiency. Then, if we are still bored and require a layer of amusement, add some game layer separate and largely inconsequential to our overall environmental sustainability and human flourishing.

Featured Post

Corrupts Absolutely

“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” -  Upton Sinclair The truth abo...

Popular