• Cowbee@lemm.ee
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    11 months ago

    Neither. It’s a replacement for money, based on hours worked. The difference between money and LVs are that LVs are destroyed upon first use, ie you create 4 hours of Value, then trade that for 4 different hours of Value.

      • Cowbee@lemm.ee
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        11 months ago

        People don’t get everything for free until productivity is so high that it’s practical, which comes from development. The distribution is handled by the Socialist State, typically, until it becomes vestigial and no longer necessary.

          • Cowbee@lemm.ee
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            11 months ago

            Nope, just like it doesn’t require unlimited resources and automation to get you to do your chores. However, at a societal scale, its definitely a futuristic goal, which is why Communism is only achievable after Socialism, which is similar to modern society except industry is collectively, rather than individually owned.

            • BilliamBoberts@lemmy.world
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              11 months ago

              Even at a global scale? How would communism produce enough resources to sustain the human race while doing so ethically when at the same time removing all incentives by providing free food, shelter, clothing, entertainment, and everything else for free?

              • Cowbee@lemm.ee
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                11 months ago

                It can only happen at a global scale. There are numerous answers to your question, but again, it isn’t as simple as removing all incentives. Read theory, Marx never pretends to know what Communism must look like, which is why Communists focus on achieving Socialism first, as we can very well transition to that now.