And your company can still maintain an agreement with healthcare providers to see to your needs.
As it is now, the maximum payout of your policy is probably capped at some level, I guarantee it is not adjusted for inflation.
There is nothing about barter which eliminate the concept of insurance.
Oh wow. So nobody's starving in the world today? Where all nations have adopted the lunacy of fiat currency? Your head is in your butt.
No it's not. Throughout history there have been acts of charity. but I'm glad you're so commited to starving indigents. I thought that couldn't happen in your lovely fiat currency system. Actually you do seem to agree with me that it can be used to guarantee starvation.
But as we see, you can have your life savings is fictitious securities and still lose it all. You're not integrating current events into your worldview properly.
Past performance does not indicate future performance. That's the fine print. Have you read it?
Future care can still be given in a barter system, it just depends on the deal struck. Contracts can still be enforced as well.
I have whipped your booty once again. thanks for being a great opportunity for me to propagate my thoughts.
At least the workmans compensation provides a guarantee of medical care and an income. The income will be less, but under a barter system I would have no means of getting either.
And anyone who is starving in the US is doing so of their own volition. There are enough safety nets that it has been basically removed as a cause of death.
Yes, there can be insurance in a barter system. But so far you have had to allow for transport costs of your goods, insurance, payment for police services, and savings for your retirement. And then add in charitable contributions and payment to support the coop that allows you access to colleges or the like. Not much left to eat on, is there?
I have never said the current system is without flaws. It is just a more secure system than a barter system. In a barter system there is little or no interest in future growth, as your focus must be survival. And a barter system's safety nets are almost nonexistent.
Contracts can indeed be enforced. But now another portion of the commodity you provide must be sliced away to provide the arbitration or judicial source and the enforcement force. That commodity you provide is being reduced again.
The current financial mess has shown that there is a huge drop in numbers, not value. The 401k that I have has lost value. But unless I remove the money now I have not lost anything.
Those acts of charity throughout history that you speak so glowingly about were poor houses, work farms and resulted in some of the worst human abuses in history.
But the coop can provide oversight for those too, right? Hmmm, another slice of the value of the commodity just went out the window.
Also, if you look at history, charitable donations varied with the times. In times of natural disastor, the charitable donations would not be available when needed, only later.
A better answer would be a consumption tax like the Fair Tax Act. It would bring the US economy back because jobs would no longer be shipped out but would be shipped in as more and more companies sought a good tax system that favors their companies.
And barter would be alive and well, since the tax is only on new goods and services.