The Benefits of a Global Resource-Based Economy

There is a growing belief that global prosperity can only be achieved if it is founded on the principles of a more sustainable, inclusive model of economic growth.

by Michael Corthell

The quality of life for all people on Earth will be raised and enhanced immeasurably when all people have access to the best products and services, education, healthcare, transportation, housing, and energy systems that our civilization can provide. 

This commitment must come sooner, rather than later to save our environment and our race. We have the technology to begin implementing this new economy now. We only need the will to do so...   

Global problems faced by mankind today are impacting individuals and nations rapidly. Climate change, famine, war, epidemics of deadly diseases, and environmental pollution contribute to the long list of global challenges we, as humans, need to promptly address before an eventual catastrophe swiftly becomes inevitable. By some estimates, we have less than ten years(as of 2021) to get our act together.

Regardless of political philosophy, religious beliefs, or social customs, all socio-economic systems depend upon natural resources, such as clean air and water, arable land, and the necessary technology and personnel to maintain a high standard of living. Any new economic system must be sustainable.

Modern society has access to highly advanced technologies and can make available food, clothing, housing, medical care, a relevant educational system, and develop a limitless supply of renewable, non-contaminating energy such as geothermal, solar, wind, and tidal, but make no mistake this plan depends on the further development(and perfection of Artificial Intelligence)

It is now possible to have everyone on Earth enjoy a very high standard of living with all of the amenities that a prosperous civilization can provide. This can be accomplished through the intelligent and humane application of science and technology.

We will move beyond capitalism and away from socialism and communism.

Individuals and interest groups are governed by laws that demand maximum profit where possible. These laws are inherent in the monetary system prevalent in most countries today – capitalism. The basic principles of capitalism demand exponential growth at all costs causing financial cataclysms such as the 1929s Great Depression in the United States and the most recent financial crisis of 2007-2008.

We are separated by borders and beliefs which make it impossible for us to arrive at relevant solutions while being divided ideologically. Most of our problems today are technical,(and solved by AI) but we are still looking for solutions through political means. We need to accept that eliminating these global threats requires the employment of methodologies rather than personal opinions.

“We cannot solve our problems with the same thinking we used when we created them.”

~ Albert Einstein

For further explanation view the following video by the founder of the Venus Project. This project proposes a holistic approach with a global socio-economic system that utilizes the most current technological and scientific advances to provide the highest possible living standard for all people on Earth. The proposed system is called Resource Based Economy. (The term and meaning were coined by Jacque Fresco).

SUMMARY

In a Resource Based Economy all goods and services are available to all people without the need for means of exchange such as money, credits, barter or any other means. For this to be achieved all resources must be declared as the common heritage of all Earth’s inhabitants. Equipped with the latest scientific and technological marvels mankind could reach extremely high productivity levels and create abundance of resources.

Resource Based Economy concerns itself with three main factors, namely Environmental, Technological and Human. We invite you to investigate further into these factors and discover more about The Venus Project and Resource Based Economy.