Fiat Money Socialism vs Lower Form Communism

The focus of recent posts has been on the possibility that fiat money, especially sovereign currency, offers a path to a better society. In considering what kind of path this might be, the thought occurs that it might actually be possible, by the completion of the fiat-money phase of societal development, to leap over Marx’s lower form of communism, as described in his Critique of the Gotha Program, straight into a rudimentary form of “from each according to ability, to each according to need”.

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