this post was submitted on 23 May 2026
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I think it all comes down to arguments over what "freedom" means, and which definition creates the most actual freedom for the most people. Ideas like OP's hours analogy only work if they're backed up by force, because in many cases people are willing to trade tons of hours for something that only took one hour to make. To stop exchanges like that from developing into markets, the system would have to ban that kind of trading and enforce it with violence. Anything truly scarce would require an equitable allocation system, creating the opportunity and motivation (and therefore the certainty) of corruption, eventually forming an elite class who get first dibs on scarce things.
That doesn't condemn the idea though, because elite classes exist in every system, including capitalism. So it's not a binary situation, it's one of degree. At this point centrally managed economies like socialism and communism don't have nearly as long a history as capitalism, so the failure of the world's very few instances is hardly a basis to condemn the concept.