from spiritualsun.org
Tim Jenkin at realitysandwich.com has a review of Thomas Greco's The End of Money and the Future of Civilization. In Jenkin's words, Greco is saying that the financial problem we now face, "distilled to its essence... is the concentration of power by the financial elite through its monopolization of money. This has been achieved through a pact with government, which has given the money monopoly such power that today it is not inaccurate to say that governments are the junior partners in this alliance." Furthermore, "governments are fully tied into and dependent on this system, and are not the primary decision makers about what happens and how it works. Even if governments did have the will and the power to wrest control of the issuance of credit from the banking cartel.., the historical record suggests that where governments have come out on top their monopolization of credit has led to militarization, wars, expansion and a weakening of democratic processes." So, "the money problem will not be solved by shifting the issuing power, even if governments are able to do it debt free. What is required is the ending of the money monopoly. This means the decentralization and democratization of the exchange process. Again this can only be achieved through traders establishing their own mutual credit clearing circles and independent private and community currencies."
I don't think that this conclusion goes far enough: I side with the comment by MindScape, who says: " I do not agree with the conclusion that what we need is to do is to revert back to a kind of Dark Ages isolationism, where each micro-region has an entirely independent economy and government. Not only is this unrealistic because it runs against the grain of human history - ever increasing unity and cooperation is the foundation of human civilization, just look how we've gone from family, to tribe, to village, to city, to nation, etc - but also this eventuality would have extremely damaging consequences for our world, because it would promote short-sighted and regional considerations over long-sighted and global ones - what is to stop one village dumping its waste in to the river and polluting the water supply of a neighbouring, but independent/isolated village down stream? What we need is to continue the process of globalization, but just to change its direction away from greed towards peace and happiness.. How do we do this? We shift our global consciousness (which I feel is happening as we speak) and we trust in technology. The frontiers of quantum physics has presented man the opportunity finally to unite the spiritual with the scientific ... and technology is what can solve our current problems and establish a world where we don't even need any system of money at all - we have the resources, we just need the will."
As the old saying goes, "money is the root of all evil". A decentralization of money will not free us from the damage caused by basing our world view on ownership, scarcity, and competition. We have to create a new world based on sharing, co-operation, and abundance.
Imagine a future world where money doesn't exist, where there is no concept of private property, where food and other resources are abundant and shared freely, and where such a benevolent living environment brings out the best in human nature so that no legal or justice system is required....
Such is the vision of Jacque Fresco, founder of The Venus Project. He promotes a technology driven future where science is used for the benefit of all of mankind, and not just to enrich a few.
In his essay THE FUTURE AND BEYOND, he sets out some of his thoughts on how such a new paradigm human society could be realised. I have extracted extensively from the essay here, to give a full flavor of his new paradigm vision - but his essay is well worth reading in full:
We believe it is now possible to achieve a society where people would be able to live longer, healthier, and more meaningful productive lives. In such a society, the measure of success would be based upon the fulfillment of one’s individual pursuits rather than the acquisition of wealth, property, and power. Although many of the concepts presented here may appear as unattainable goals, all of the ideas are based upon known scientific principles.
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The social direction being proposed here has no parallel in history with any other previous political ideology or economic strategy. Establishing the parameters of this new civilization will require transcending many of the traditions, values, and methods of the past. The future will evolve its own new paradigms, appropriate to each successive phase of human and technological development.
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Today we have developed the necessary technology to surpass the fondest hopes and dreams of any social innovators of the past. The fact that previous attempts at social change have failed is no justification for us to stop trying. The real danger lies in complacence. The only limitations to the future of humankind are those that we impose upon ourselves. It is now possible to relieve humanity of many of its unresolved problems through the humane application of technology.
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The prime conditions that would really effect social change will come about when conditions have deteriorated to such an extent that governments, politicians, and social institutions no longer have the support and confidence of the people. What once worked is acknowledged to be no longer relevant. If the public were better informed, only then would it be possible to introduce a new and improved social arrangement.
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The solutions to our problems will not come about through the application of reason or logic. Unfortunately, at present we do not live in a reasonable or logical world. There appears to be no historical record of any established society’s leader who deliberately and comprehensively redesigned a culture to fit the changing times. While there is no question that political leaders, to a limited extent, modify some modes of behavior, the real factors responsible for social change are brought about by bio-social pressures, which are inherent in all social systems. Change is brought about by natural or economic occurrences that adversely affect the immediate circumstances of large numbers of people.
Some bio-social pressures responsible for social change are limited resources, war, overpopulation, epidemics, natural disasters, economic recession, downsizing on a mass scale, technological displacement of people by machines, and the failure of elected officials to overcome such problems. The introduction of the medium of money to the exchange process brought about a significant change in society, as did the introduction of mechanized agriculture and the Industrial Revolution.
Unfortunately, the world’s outmoded social, political, and international order is no longer appropriate to these times. These obsolete social institutions are unable to grasp the significance of innovative technology to achieve the greatest good for all people, and to overcome the inequities forced upon so many. Competition and scarcity have caused an atmosphere of jealousy and mistrust to develop between individuals and nations. The concepts of proprietary rights, intellectual property, copyrights, and patents manifested in corporate entities and in the sovereignty of nations, preclude the free exchange of information that is necessary to meet global challenges.
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The ultimate survival of the human species depends upon planning on a global scale and to cooperatively seek out new alternatives with a relative orientation for improved social arrangements. If humankind is to achieve mutual prosperity, universal access to resources is essential.
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If these ends are to be achieved, the monetary system must eventually be surpassed by a world resource-based economy. In order to effectively and economically utilize resources, the necessary cybernated and computerized technology could eventually be applied to ensure a higher standard of living for everyone. With the intelligent and humane application of science and technology, the nations of the world could guide and shape the future for the preservation of the environment and humankind.
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All the limitations imposed upon us by our present-day monetary system could be surpassed by adopting a global consensus for a worldwide resource-based economy, in which all the planetary resources are viewed and treated as the common heritage of all the earth's inhabitants. In this manner, the earth and our technological procedures could provide us with a limitless supply of material goods and services without the creation of debt or taxation whatsoever.
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In a monetary-based system, the major concerns of industry are profit, maintaining a competitive edge, and watching the bottom line, rather than the wellbeing of humanity. The social problems that arise from mass unemployment of people, who are rendered obsolete by the infusion of automation, are considered irrelevant, if they are considered at all. Any need that may be met is secondary to acquiring a profit for the business. If the profit is insufficient, the service will be withdrawn. What industry seeks to do is improve the competitive edge to increase the profit margin for their shareholders. It does not serve the interest of a monetary based society to engage in the production of goods and services to enhance the lives of people as a goal.
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Until the last few decades, the monetary system functioned to a degree. The global population of three billion was not over consuming world resources and energy, global warming was not evident, and air and water pollution were only recognized by a relative few. The start of the 21st century however finds global population at an exponentially rising six billion, with resources and energy supplies dwindling, global warming a reality, and pollution evident worldwide. Planet earth is in crises and the majority of world population cannot meet their basic needs because people do not have the means to purchase increasingly expensive resources. Money is now the determinant of people’s standard of living rather than the availability of resources.
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In today's culture of profit, we do not produce goods based on human need. We do not build houses based on population needs. We do not grow food to feed people. Industry's major motivation is profit.
The monetary system is now an impediment to survival rather than a means of facilitating individual existence and growth. This imaginary tool has outlived its usefulness. The limitations on earth’s population now caused by the monetary construct can be phased out. It is not money that people need but the access to goods and services. Since humanity requires resources to exist, the replacement system should provide those resources directly to people without the impediment of financial and political interest for their private gain at the expense of the lives and livelihood of the populous. The replacement system is therefore logically a resource-based economy. This global resource based economy would be gradually phased in while the monetary system is phased out.
All of the world's economic systems - socialism, communism, fascism, and even the vaunted free enterprise capitalist system - perpetuate social stratification, elitism, nationalism and racism, primarily based on economic disparity. As long as a social system uses money or barter, people and nations will seek to maintain positions of differential advantage. If they cannot do so by means of commerce they will resort to military intervention.
War represents the supreme failure of nations to resolve their differences. From a strictly pragmatic standpoint it is the most inefficient waste of lives and resources ever conceived by any creature on the planet. This crude and violent way of attempting to resolve international differences has taken on even more ominous overtones with the advent of elaborate computerized thermonuclear delivery systems, deadly diseases and gases, and the threat of sabotage of a nation's computer networks. Despite the desire of nations to achieve peace, they usually lack the knowledge of how to arrive at peaceful solutions.
War is not the only form of violence in the developed and underdeveloped countries that is superimposed upon the populace by inadequate social arrangements. There is also hunger, poverty, and scarcity. As long as there is the use of money, the creation of debt, and economic insecurity these conditions will perpetuate crime, lawlessness, and resentment. Paper proclamations and treaties do not alter conditions of scarcity and insecurity. And nationalism only tends to help propagate the separation of nations and the world's people.
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The Earth is still abundant with resources. Today our practice of rationing resources through monetary methods is irrelevant and counter-productive to the well-being of people. Today’s society has access to highly advanced technologies and can easily provide more than enough for a very high standard of living for all the earth’s people. This is possible through the implementation of a resource-based economy.
Simply stated, a resource-based economy utilizes existing resources rather than money, and provides an equitable method of distribution in the most humane and efficient manner for the entire population. It is a system in which all natural, man-made, machine-made, and synthetic resources would be available without the use of money, credits, barter, or any other form of symbolic exchange. A resource-based economy would utilize existing resources from the land and sea, and the means of production, such as physical equipment and industrial plants, 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.
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In a resource-based economy all of the world's resources would be held as the common heritage of all of the earth’s people, thus eventually outgrowing the need for the artificial boundaries that separate people – this is the unifying imperative.
We must emphasize here that this approach to global governance has nothing whatever in common with the present aims of a corporate elite to form a world government with themselves and large corporations in control, and the vast majority of the world's population subservient to them. Globalization in a resource-based economy empowers each and every person on the planet to be the very best they can be, not to live in abject subjugation to a corporate governing body.
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The real wealth of any nation lies in its developed and potential resources and the people who are working toward the elimination of scarcity and the development of a more humane way of life. A resource-based economy would use technology to overcome scarce resources by utilizing renewable sources of energy; computerizing and automating manufacturing, inventory and distribution; designing safe, energy-efficient cities; providing universal health care and relevant education; and most of all, by generating a new incentive system based on human and environmental concern.
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In a resource-based economy, the human aspect would be of prime concern, and technology would be subordinate to this. This would result in a considerable increase in leisure time. In an economy in which production is accomplished primarily by machines, and products and services are available to all, the concepts of "work" and "earning a living" would become irrelevant.
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The utilization of today’s high speed and large capacity computer systems, otherwise known as the "Information Superhighway" or Internet, could assist us in defining the variables and parameters required for the operation of a resource-based economy that conforms to environmental needs. Over-exploitation of resources would be unnecessary and surpassed.
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. Rather, it is the abuse and misuse of technology that should be our major concern. In very simple terms, a hammer can be used to construct a building, or to kill another person. It is not the hammer that is the issue, but how it is used.
Cybernation, or the application of computers and automation to the social system, could be regarded as an emancipation proclamation for humankind if used humanely and intelligently. Its thorough application could eventually enable people to have the highest conceivable standard of living with practically no labor. It could free people for the first time in human history from a highly structured and outwardly imposed routine of repetitive and mundane activity. It could enable one to return to the Greek concept of leisure, where slaves did most of the work and men had time to cultivate their minds. The essential difference is that in the future, each of us will command more than a million slaves - but they will be mechanical and electrical slaves, not fellow human beings. This will end forever the degrading exploitation of any human being by another so that he or she lives an abundant, productive, and less stressful life. Perhaps the greatest aid in enhancing the survival of the human race is the introduction of cybernation, the electronic computer, and artificial intelligence, which may very well save the human race from its own inadequacies.
A resource-based economy calls for the redesign of our cities, transportation systems, and industrial plants so that they are energy efficient, clean, and conveniently provide the needs of all people both materially and spiritually.
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To better understand the meaning of a resource-based economy consider this: If all the money in the world were to suddenly disappear, as long as topsoil, factories, and other resources were left intact, we could build anything we chose to build and fulfill any human need. It is not money that people need, but rather it is freedom of access to most of their necessities without ever having to appeal to a government bureaucracy or any other agency. In a resource-based economy money would become irrelevant. All that would be required are the resources, manufacturing, and distribution of the products.
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All industrial devices would be designed for recycling. However, the life span of products would be significantly increased through intelligent and efficient design, thereby reducing waste. There would be no "planned obsolescence," where products are deliberately designed to wear out or break down. In a resource-based economy technology intelligently and efficiently applied will conserve energy, reduce waste, and provide more leisure time.
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Most packaging systems would be standardized, requiring less storage space and facilitating easy handling.. most paperwork would no longer be required, i.e. advertising, money, mail, newspaper, phonebook.
As we outgrow the need for professions that are based on the monetary system, such as lawyers, accountants, bankers, insurance companies, advertising, sales personnel, and stockbrokers, a considerable amount of waste and non productive personnel could be eliminated. Enormous amounts of time and energy would also be saved by eliminating the duplication of competing products. Instead of having hundreds of different manufacturing plants and all the paperwork and personnel that are required to turn out similar products, only very few of the highest quality would be needed to serve the entire population. In a resource-base economy planned obsolescence would not exist.
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It is claimed that the so-called free-enterprise system creates incentive. This may be true, but it also perpetuates greed, embezzlement, corruption, crime, stress, economic hardship, and insecurity. In addition, the argument that the monetary system and competition generate incentive does not always hold true. Most of our major developments in science and technology have been the result of the efforts of very few individuals working independently and often against great opposition. Such contributors as Goddard, Galileo, Darwin, Tesla, Edison, and Einstein were individuals who were genuinely concerned with solving problems and improving processes rather than with mere financial gain.
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Some may question that if the basic necessities are accessible to all people, what will motivate them? This is tantamount to saying that children reared in affluent environments, in which their parents provide all the necessary food, clothing, shelter, nutrition, and extensive education, will demonstrate a lack of incentive or initiative. There is no evidence to support this fallacious assumption. There is overwhelming evidence to support the facts that malnutrition, lack of employment, low wages, poor health, lack of direction, lack of education, homelessness, little or no reinforcement for one's efforts, poor role models, poverty, and a bleak prospect for the future do create monumental individual and social problems, and significantly reduce an individual’s drive to achieve. The aim of a resource based economy is to encourage and develop a new incentive system, one no longer directed toward the shallow and self-centered goals of wealth, property, and power. These new incentives would encourage people to pursue different goals, such as self-fulfillment and creativity, the elimination of scarcity, the protection of the environment, and the alleviation of suffering in their fellow human beings.
People, provided with good nutrition in a highly productive and humane society, will evolve a new incentive system unattainable in a monetary system. There would be such a wealth of new wonders to experience, explore, and invent that the notion of boredom and apathy would be absurd. Incentive is often squelched in our present culture, where a person dare not dream of a future that seems unattainable to him or her. The vision of the future that too many see today consists of endless days of mindless toil, and a wasted life, squandered for the sake of merely earning enough money to survive from one day to the next.
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Throughout history, there have been many innovators and inventors who have been ruthlessly exploited, ridiculed, and abused while receiving very little financial reward. Yet, they endured such hardship because they were motivated to learn and to discover new ways of doing things. While creative individuals like Leonardo de Vinci, Michelangelo, and Beethoven received the generous sponsorship of wealthy patrons, this did not diminish their incentive in the least. On the contrary, it empowered them to reach new heights of creativity, perseverance and individual accomplishments.
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In this new social arrangement of a resource-based economy, motivation and incentive will be encouraged through recognition of, and concern for, the needs of the individual. This means providing the necessary environment, educational facilities, nutrition, health care, compassion, love, and security that all people need.
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With the enhanced level of sociability that would naturally come from not having to compete for access to goods and services, we would see a tendency toward extension of the family unit into the community. As may already be observed in other cultures, the rearing and development of children would become the responsibility of both the family and the community at large.
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 conflict and stress both mentally and physically. When education and resources are available to all without a price tag, there would be no limit to the human potential.
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With a better understanding, people could possess a flexibility of outlook unknown in previous times, free of bigotry and prejudice. In addition, the people of this innovative society would have concern for their fellow human beings, and for the protection, maintenance, and stewardship of the Earth’s natural environment. Additionally, everyone, regardless of race, color, or creed would have equal access to all of the amenities that this highly productive culture could supply.
In more advanced and humane systems of education people would acquire this new type of value system. They would also realize the many advantages of cooperation rather than competition. In a society without vested interest it would be impossible to harness the talents of scientists and technicians to engage in weapons research or any other socially hostile endeavor. We call this approach "functional morality." This newer, more humane, and more productive approach would advocate finding non-military solutions to international differences. This calls for a global view, which would be a considerable improvement over narrow national and self-interests.
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A resource-based economy by definition includes the participation of all people in its benefits. In a monetary system there is an inherent reason for corruption and that is to gain a competitive advantage over someone else. Without vested interests or the use of money, there is no benefit to squelching one’s opinion or falsifying information or taking advantage of anyone. There would be no need for any underlying rigid social barriers that would limit the participation of anyone or restrain the introduction of new ideas. The main objective is the access of information and the availability of goods and services to all people. This would enable people to be prepared to participate in the exciting challenges of this new society A resource-based economy could create an environment that would encourage the widest range of individuality, creativity, constructive endeavor, and cooperation without any kind of elitism, technical or otherwise. Most significantly, a resource-based economy would generate a far different incentive system, one based on human and environmental concern. This would not be a uniform culture but one that is designed to be in a constant process of growth and improvement.
As we enhance the lives of others, protect our environment, and work toward abundance, all our lives can become richer and more secure. If these values were put into practice it would enable all of us to achieve a much higher standard of living within a relatively short period of time--one that would be continuously improved. At a time when commercial institutions no longer exist, the necessity for prisons, lawyers, advertisements, banks and the stock exchange will serve no useful purpose. In the society of the future, in which the monetary system of scarcity has been surpassed by a resource based economy and most physical and creative needs are met, private ownership as we know it would cease to be a necessity to protect one’s access to goods and services. The concept of ownership would be of no advantage whatsoever in a society of abundance. Although this is difficult for many to imagine, even the wealthiest person today would be immensely better off in the highly productive resource-based society. Today in developed countries the middle class live far better than kings and the wealthy of times past. In a resource based economy everyone would live richer lives than the powerful and wealthy of today, not only materially but spiritually as well.
It is not necessary to accept every detail of Jaque's vision, but I applaud the main precepts: I sign up right now for a world without money, politics, lawyers, accountants, businessmen, laws, prisons, or wars. Bring it on! Lets create a new paradigm system based on benevolence and sharing, where our all of our children can blossom and grow into happy and caring adults. Such enlightened thinking gives us all hope for a better future on planet Earth.
