Hello everyone, I am working on creating a new currency/ies as a way to help people deal with the capitalist crisis.
I am generally influenced by Marx's theory of exploitation, and the notion that workers do not control the products of their labor.
Because my previous knowledge was mostly mathematics, I ended up creating a marginalist model of the economy.
The main point of the model is that exploitation arises because workers do not have the money at the time that the factory needs to be created to build it themselves and thus have to accept the conditions of the capitalist.
In my opinion, this is in contrast to Marx which specifies that the origin of exploitation is private property of the means of production. The fact that the means of production are owned by capitalists is because they have a lot of money.
This distinction is inessential in capitalism because there is a continuous cycle of transformations from money to means and to money etc. but it is essential in a communist society in which money exist.
By Communism, thus, I refer to a system where all the means are controlled by worker councils but which uses money and the market to exchange commodities.
In such a case, people that have money at a specific time will dictate whether a new factory will be created or not by lending money to the corresponding worker cooperative. Thus communism will have little difference to the current capitalist system, the capitalist class will emerge from the workers to exploit them. The capital class in this case is not the owners of the means of production but the owners of lots of money, ie promises by the workers that they will produce what the capitalists want, when they want it.
It is because of this that I am working on a new definition of money ( a sophisticated barter network) that tries to block the ability of money to self-replicate.
I am interested in critiques from Marxists. I understand that this is going to be a bit difficult because of the different frameworks (marginalist / theory of value) but the basic ideas are quite simple.
I'm still not quite sure what you're proposing. Is it different from what's usually called market-socialism (sometimes also called mutualism)?



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