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An Alternative to Worthless Money
"Like it or not, it is our social processes - political practices, belief systems, profit-based economy, our culture-driven behavioral norms - that lead to and support hunger, war, disease and environmental damage that is ultimately bad for human health and our future." 

A Resource Based Economy

By Jacque Fresco. Adapted

A resource based economy is an engineered holistic socio-economic system in which all goods and services are available without the use of money, credits, barter or any other system of debt or servitude. All resources become the common heritage of all of the inhabitants, not just a select few.

The premise upon which this system is based is that the Earth is abundant with plentiful resources; our practice of rationing resources through monetary methods is irrelevant and counter productive to our survival.

Modern society has access to highly advanced technology and can make available to everyone food, clothing, housing and medical care, superb educational and a limitless supply of renewable, non-contaminating sustainable energy. By supplying an efficiently designed economy, everyone can enjoy a very high standard of living with all of the amenities of a high technological society if human population is adjusted to match the sustainable carrying capacity of earths natural resource systems.
A resource-based economy would utilize existing resources from the land and sea, physical equipment, industrial plants, etc. to enhance the lives of the total population. In an economy based on resources rather than money, we could easily produce all of the necessities of life and provide a high standard of living for all.
In a resource-based economy all of the world's resources are held as the common heritage of all of Earth's people, thus eventually outgrowing the need for the artificial boundaries that separate people. This is the unifying imperative.
We must emphasize that this approach to engineered global governance has nothing in common with the present aims of an elite to form a world government with themselves and large corporations at the helm, and the vast majority of the world's population subservient to them.

Our vision of globalization empowers each and every person on the planet to be the best they can be, not to live in abject subjugation to a corporate governing body.

Our proposals would not only add to the well being of people, but they would also provide the necessary information that would enable them to participate in any area of their competence. The measure of success would be based on the fulfillment of one's individual pursuits rather than the acquisition of wealth, property and power.
At present, we have enough material resources to presently provide a very high standard of living for most of Earth's inhabitants, but our population of around 7 billion has exceeded the sustainable carrying capacity of the Earths natural resources. Many of the problems such as greed, crime and violence are endemic as a result. By overcoming artificial scarcity, most of the crimes and even the prisons of today's society would no longer be necessary.
A resource-based economy would make it possible to use technology to overcome scarce resources by applying renewable sources of energy, computerizing, automating manufacturing and inventory, designing safe energy-efficient cities and advanced transportation systems, providing universal health care and more relevant education, and most of all by generating a new incentive system based on human and environmental responsibility and stewardship.
Many people believe that there is too much technology in the world today, and that technology is the major cause of our environmental pollution. This is not the case. It is the abuse and misuse of technology that should be our major concern. In a more humane civilization, instead of machines displacing people, they would shorten the workday, increase the availability of goods and services, and lengthen vacation time. If we utilize new technology to raise the standard of living for all people, then the infusion of machine technology would no longer be a threat.
A resource-based world economy would also involve all-out efforts to develop new, clean, and renewable sources of energy: geothermal; controlled fusion; solar/ thermal/ photovoltaic; wind, wave, and tidal power; and even fuel from the oceans. We would eventually be able to have energy in unlimited quantity that could propel civilization for thousands of years. A resource-based economy must also be committed to the redesign of our cities, transportation systems, and industrial plants, allowing them to be energy efficient, clean, and conveniently serve the needs “pleasure” of all people.
What else would a resource-based economy mean? Technology intelligently and efficiently applied, conserves energy, reduces waste, and provides more leisure time. With automated inventory on a global scale, we can maintain a balance between production and distribution. Only delicious, nutritious and healthy food would be available and planned obsolescence would be unnecessary and non-existent in a resource-based economy.
As we outgrow the need for professions based on the monetary system, for instance lawyers, bankers, insurance agents, marketing and advertising personnel, salespersons, and stockbrokers, a considerable amount of waste will be eliminated.
Considerable the amounts of energy that would also be saved by eliminating the duplication of competitive products such as tools, eating utensils, pots, pans and vacuum cleaners. Choice is good. But instead of hundreds of different manufacturing plants and all the paperwork and personnel required to turn out similar products, only a few of the highest quality would be needed to serve the entire population. Our only shortage is the lack of creative thought and intelligence in ourselves and our elected leaders to solve these problems. The most valuable, untapped resource today is human ingenuity.
With the elimination of debt, the fear of losing one's job will no longer be a threat. This assurance, combined with education on how to relate to one another in a much more meaningful way, could considerably reduce both mental and physical stress and leave us free to explore and develop our abilities.
If the thought of eliminating money still troubles you, consider this: If a group of people with gold, diamonds and money were stranded on an island that had no resources such as food, clean air and water, their wealth would be irrelevant to their survival. It is only when resources are scarce that money can be used to control their distribution. One could not, for example, sell the air we breathe. Although air is valuable, in abundance it cannot be sold.
Money is only important in a society when certain resources for survival must be rationed and the people accept money as an exchange medium for the scarce resources. Money is a social convention, an agreement if you will. It is neither a natural resource nor does it represent one. It is not necessary for survival unless we have been conditioned to accept it as such.

It is not enough to criticize, point out the shortcomings of society, or advocate that people of high moral character be elected into office; this would do little to advance civilization.
What is needed is the intelligent management of the world's resources, and a comprehensive and workable arrangement of environmental and social affairs that are in strict accord with existing resources and the carrying capacity of our planet.
Even with the election of men and women of impeccable character into government, without available resources and advanced technology, war, poverty, and corruption will prevail no matter how many new laws are passed or treaties signed. It is not democracy that elevated our standard of living, it is our resources, water, arable land, and new technology. This is well documented by Dr. Joel Mokyr in his book "The Lever of Riches"
Rhetoric and paper proclamations are irrelevant in the management of human and social affairs.

2. What is a Resource-Based Economy?

Simply stated, within a Resource Based Economy we will utilize existing resources - rather than money - to provide an equitable method of distribution in the most humane and efficient manner. It is a system in which all goods and services are available to everyone without the use of money, credits, barter, or any other form of debt or servitude.

To better understand a resource-based economy, consider this. If all the money in the world disappeared overnight, as long as topsoil, factories, personnel and other resources were left intact, we could build anything we needed to fulfill most human needs. It is not money that people require, but rather free access to most of their needs without worrying about financial security or having to appeal to a government bureaucracy. In a resource-based economy of abundance, money will become irrelevant.

We have arrived at a time when new innovations in science and technology can easily provide abundance to all of the world's people. It is no longer necessary to perpetuate the conscious withdrawal of efficiency by planned obsolescence, perpetuated by our old and outworn profit system.

If we are genuinely concerned about the environment and our fellow human beings (as God asks us to be), if we really want to end territorial disputes, war, crime, poverty and hunger, we must consciously reconsider the social processes that led us to a world where these factors are common.

Like it or not, it is our social processes - political practices, belief systems, profit-based economy, our culture-driven behavioral norms - that lead to and support hunger, war, disease and environmental damage that is ultimately bad for human health and our future.
The aim of this new social design is to encourage an incentive system no longer directed toward the shallow and self-centered goals of wealth, property, and power. These new incentives would encourage people toward self-fulfillment and creativity, both materially and spiritually.

Our current system is not capable of providing a high standard of living for everyone, nor can it ensure the protection of the environment because the major motive is profit.
Businesses aren't entirely to blame; they are forced to operate this way in order to retain the competitive edge. Additionally, with the advent of automation, cybernation, and artificial intelligence, there will be an ever-increasing replacement of people by automated systems. As a result, fewer people will be able to purchase goods and services even though our capability to produce an abundance will continue to exist. This is well-documented in Jeremy Rifkin's book The End of Work: The Decline of the Global Labor Force and the Dawn of the Post-market Era (Putnam, 1995).

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