At least in academia people who produce valuable IP get credentials, fame, a percentage of the money it produces, and of course more money dedicated to their R&D. If for instance there was no benefit in them producing that IP it would be pretty tough to justify the sometimes overbearing work it requires.
Also I agree, value isn’t appropriately compensated currently. Money as a concept has departed from value production and it ought to be corrected.
In the past value was direct, food, medicine, clothes, tools and the sort and if one produced more value they could exchange it for more value aka trade more cows for more clothes and tools. There was no real way to fake value like there is with money.
If the “carrot chase” IRL wasn’t so blatantly rigged, I would tepidly agree with some aspects of your thesis.
At least in academia people who produce valuable IP get credentials, fame, a percentage of the money it produces, and of course more money dedicated to their R&D. If for instance there was no benefit in them producing that IP it would be pretty tough to justify the sometimes overbearing work it requires.
Also I agree, value isn’t appropriately compensated currently. Money as a concept has departed from value production and it ought to be corrected.
In the past value was direct, food, medicine, clothes, tools and the sort and if one produced more value they could exchange it for more value aka trade more cows for more clothes and tools. There was no real way to fake value like there is with money.