If a medium of exchange for labor is indeed necessary, I’d say it should be measured in labor hours. We live finite lives, measured in minutes. A minute of your life is worth as much as a minute of mine, wouldn’t you say?
I would have no inherent problem with a system that tokenizes labor hours in some way. The problem is private ownership of the means of production and profit itself.
If a medium of exchange for labor is indeed necessary, I’d say it should be measured in labor hours. We live finite lives, measured in minutes. A minute of your life is worth as much as a minute of mine, wouldn’t you say?
I would have no inherent problem with a system that tokenizes labor hours in some way. The problem is private ownership of the means of production and profit itself.