Alternative Currency

[The Old Man from Scene 24]

One of the main ways that the ruling class 'owns' us is with money. It is manipulated and controlled with the purpose of benefiting only a few. I think that the use of paper currency is inefficient, as each $1 bill cost $3 to make. The 'federal' reserve cannot be trusted with people's money. What are your opinions on using an alternative currency system? Would it fail too quickly to be worth it?

[Q]

You're mistaken. Money is merely the universal commodity, interchangeable for all other commodities. The way capital rules us is through the private property legal status, making it possible for labour exploitation via wage-slavery to occur.

Alas, creating another, "peoples owned", currency will not solve anything, merely (at best) throw back capitalist exploitation for some sections of the working class. It is a pseudo-solution that can only confuse and instill narrow small-capitalist values.

The solution must be in transcending capital relations. Capitalism already socialised the means of production by creating vast interdependent networks of companies and conglomerations within the economy. Therefore, attacking the legal apparatus based around private property and therefore the capitalist state and appropriate the economy (and therefore society) to society as a collective, thus merely extending the logic of capital in negating itself is on the level of the real solutions. Only on this level can we overcome the capital relation of universal commodity production and start to produce a social output for human need.

[Die Neue Zeit]

What do you make then of the alternative currencies floating around in Venezuela, half measures though they are?