Rocket Scientists' Guide to Money and the Economy

• Epistemic Infrastructure
• Eupsychia
• Regime of Accumulation
• LPHDF
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Rocket Scientists' Guide to Money and the Economy

The Rocket Scientists' Guide to Money and the Economy (RSGME) offers and accessible and grounded introduction to nature and basic function of the 'The System," (i.e., the extant Regime of Accumulation). Reading this will help you understand the Regime of Accumulation and all its related parts and components.

• This book is available free for non-corporate, individual use. If you would like to support the LP, please purchase this book

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Concept Map

Regime of Accumulation >

• Accumulation
• Rocket Scientists' Guide to Money and the Economy
• Rocket Scientists' Guide to Religion
• Social Class
• System Agent
• Unfettered Accumulation

LP Rocket Guides

Rocket Guides > Rocket Scientists' Guide to Authentic Spirituality, Rocket Scientists' Guide to Money and the Economy, Rocket Scientists' Guide to Religion

Notes

Summary

Preface

• Introduction to the purpose and scope of the Rocket Guides
• Emphasis on accessibility and paradigmatic change

Introduction

• The central role of money in the modern world
• Challenges the notion that money is inherently evil
• Importance of understanding the true nature of money

The Nature of Money

• Money as abstracted labor time
• Money facilitates economic exchange by representing labor
• Definition: Money = Labor Time

The Economy

• Economy as a system of labor exchange
• Different types of economies: monetized, underground, and informal
• The social nature of economic exchange

The Source of Money

• Money creation through agreement and production
• Money as a container for labor value

The Value of Money

• Determining the value of money through labor time
• Concordance: collective agreement on the value of money
• The role of money supply in representing total labor in the economy

The Problem with Money

• Minor issues: determining costs and motivating labor
• Major issues: money addiction and accumulation

Money Addiction

• Money as a powerful addictive substance
• Dopamine release and attachment leading to money addiction
• Behavioral characteristics of money addicts

Accumulation

• Accumulation of labor-power by the Accumulating Class
• Distortion of economies and inversion of economic purpose
• Long-term societal and environmental consequences

The Baker's Story

• Illustrative tale of accumulation and its impacts
• Ethical dilemmas and social inequality arising from overcharging

Power and Accumulation

• Accumulated money as a means to command labor
• The corrupting influence of power gained through accumulation

Profit and the Business of Accumulation

• Profit as euphemism for labor accumulation
• Shifts in economic goals from social exchange to profit maximization

Crisis and Solutions

• Current global crises linked to money and accumulation
• Proposals for addressing economic and social imbalances

Conclusion

• Urgent need for systemic reform
• Encouragement to understand and address the true nature of money and accumulation

References

• Comprehensive list of sources and additional reading materials

Citation and Legal

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Footnotes

References