this post was submitted on 23 May 2026
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Ok, let's call it teconds, tinutes and thours: the idea stands, and I'm behind it!
eh, money is supposed to represent resources, and saying that money = hours, is to say that there is no other resource besides human labor. there is land usage, plant growth, mineralic reservoirs, etc.
I think that using hours as a 1:1 currency unit does elide some other things, and would run into problems as a true unit of currency, but is a useful thought experiment and gut check for identifying unfair distribution of wealth. You can convince me that in demand specialty knowledge may be worth a bit extra, or that this doesn't really handle cases like "person A takes 32 hours of work to knit these socks, but person B takes 8 hours of work to knit these socks and makes higher quality ones," or that the resources involved in something may need to be reflected in the value of a good in a way that doesn't easily translate into hours, but it still makes you stop and think about what money should actually reflect and whether money is losing connection with the actual things of value.