Credit Unions

[Book O'Dead]

How are workers going to save or accumulate their labor time vouchers when we finally do away with the wages system?

The Propertarian Schedule:

Suppose for a moment you're a workaholic living in a socialists country named California.

You're a workaholic who, after three grueling years of non-stop work in a remote and desolate part of the state decides to go on vacation to rest, enjoy your well-earned vouchers and bask amidst exotic lands & different peoples while enjoying the well-earned rewards of a job well done.

Imagine too, when you arrive at the jetport to go to farfarland, or you board a bus to get to the harbor asking yourself how do I pay for all this?
How do I pay for this bus ride? How do i pay for this boat ride? How do i play for the sushi and sake I consume as i luxuriate on the deck of an enormous wind and solar powered trimaran, sipping margaritas, flirting with the cute hostess and starting to worry about "what you could have done differently" blah, blah?

The point I'm trying to make here is that for people like that--who I'm sure won't disappear overnight after capitalism is toppled and replaced by economic democracy, people like that, the workaholic, people engaged in difficult but necessary tasks that keep them away from home or at home for very long uninterrupted times.

So, If I can boil it down to a simpler and more generalized question: How will workers cash in their labor vouchers when they want to acquire goods and services such as meals at nice restaurants, movies, shows, eco-tourism, etc.?


Not to belabor the point, but how do I exchange my accumulated labor power, under economic democracy, for the good and services i need and want?

My modest suggestion is credit unions.

[Klaatu]

The purpose of Labor Vouchers is to prove that you yourself have worked for it's value, and that you did not (A) exploit another to get it, (B) steal it,
or (C) get the value via any sort of 'Capitalist investment' (It is impossible to prove these things if you only have ordinary money in your hand.)

Therefore, labor vouchers should be perfectly acceptable in the post-Capitalist World, anywhere you travel.

BTW, Credit Unions are a good-community way to save. :D

[Book O'Dead]

The purpose of Labor Vouchers is to prove that you yourself have worked for it's value, and that you did not (A) exploit another to get it, (B) steal it,
or (C) get the value via any sort of 'Capitalist investment' (It is impossible to prove these things if you only have ordinary money in your hand.)

Therefore, labor vouchers should be perfectly acceptable in the post-Capitalist World, anywhere you travel.

You sound like a lawyer. But you're right in everything you've said above (tip of the hat to the metal man).

However, I was referring to a more broader aspect of the question: What sort of institutional mechanism and technology must we use to create and formally apply the caveats you've astutely summarized?

[Lynx]

The electronic payments system is preferable to paper vouchers. The importance of savings and the use of credit would be reduced from what it is today. They would eventually become obsolete.
In a gift economy, vouchers are also obsolete.