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Showing posts from January 1, 2022

Resource-Based Economy: Just by Design

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.... When futurists refer to ‘resource-based economics’ today, in a post-industrial context, they’re usually talking about systems where global resources are managed rather like municipal utilities, and as a result currencies become redundant. No one ‘owns’ water. Communities create facilities for its collection and distribution as a public utility. Imagine that all resources and many commodities were treated this same way and you have part of the picture of what a resource-based economy means. Such systems are anticipated to evolve from global digital networked market systems that become ‘commoditized’ by the trends in decen

What Should We Value Most?

A Resource - Based Economy is a 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. (Allocating resources as a utility, without money)