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Theory of Value Typology: Feudal, Capitalism, Post-Capitalism

 

Use-Value Type of Value
Exchange Value
Knowledge-Value
Aspects      
     
Type of Society feudal , tribal modern capitalist post-capitalist
Cultural,Ethnic,Racial world-wide historical path Europe, America, then Japan not yet determined
transculturalism
Economic Theory Adam Smith David Ricardo, Karl Marx does not exist: Marx, Keynes, Kondratieff, Stiglitz, Leontiev
Value Base land land,capital knowledge
Location of Work village craft shop or farm large city factory or office physical proximity to Internet or WWW
Monetary System barter hard currency, gold, silver; then paper specie Not yet known: probably federally-issued specie
Political System chaos, tribal, monarchy limited democracy, dictatorship not yet known
Investment Criteria largely arbitrary and political profit increases through decreases in amount of labor or wages further production through efficiency but without much further drop in human labor
Wealth Store land, gold, food gold, land, paper instruments: stocks,bonds very large databases (VLDBs), gigabytes to terabyte size
Stratification land capital, land cognitive intelligence, ability & relationship to Internet and Web
Source of political stability traditional authority rapid rates of ecnomic growth, balanced by federal intervention Stable VLDBs leading to regular production and distribution of goods and services
Economic Imbalance none, due to scarcity fiscal & monetary policies failed transition period to post-capitalism; or unstable VLDBs
International Trade barter primarily reserve currencies:pound,yen,dollar,mark not yet determined; perhaps by an equalized knowledge theory of value
Sources of differences/war cultural economic imbalances from development levels, nationalism unequal national Web integration/failed international trade

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