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Economics Social Evolution

An Alternative to Money

Money is a very efficient medium of exchange compared to barter. The problem with money is it ties access to resources based solely on possessing it. The more money you have, the more resources you can control.

Accordingly, money is amoral because it is indifferent to the need for resources. The existence of money necessitates scarcity in the availability of resources by allowing a few people to possess control over enormous resources leaving most people on earth resource deprived.

What then is a meaningful alternative? To answer this question, I need to review a few indisputable facts:

We share one planet, which produces a finite amount of natural resources that sustains all of us.

Technological advances leverage our natural resources to produce a finite amount of finished goods and services.

If each person is empowered to possess as much resource as they are able to accumulate, there will never be enough resources for everyone.

If all people have access to the accumulation of human knowledge, they will possess the necessary information to identify their unique talents and perfect their unique skills in order to maximize their individual productivity.

If humanity guarantees access to the resources each person can use to reach and maintain their full potential, there would be no need to accumulate excess resources to ourselves.

Eliminating money, and guaranteeing access to resources eliminates price and quality differentiation of goods and services, which occur today to allow fortunes to be made on affordable, sub-standard goods and services.

If all goods and services are designed to provide the highest quality possible, enormous resources will be saved by eliminating repetitive consumption, planned obsolescence, and other economic inefficiencies common to the current global economy.

If all goods and services are provided at the highest quality possible, health and wellness will be optimized for all people.

If we shift from an ownership relationship with resources to a stewardship relationship, we will maximize utilization and minimize waste.

Currently, we possess resources that are idle until we are ready to use. Sophisticated use-share systems can be innovated that would allow people to reserve resources for when they are needed. This would make resources, now produced at the highest quality possible, available on demand.

Accordingly, access to resources will be based on what we can USE…no more and no less.

Waste and gluttony will be global security violations.

Sustainability will be restored through a system of global resource management informed by the accumulation of human knowledge.