• Cowbee@lemm.ee
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    1 year 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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        1 year 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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            1 year 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.