Mystic encouraged me to post this so I’m going to “Give it a Go”
A Resource Based Economy – A New Idea (on this website at least)
The Idea of a Resource Based Economy (RBE) has been around for several years but has become more popular since being promoted by the Zeitgeist Movement starting around 3 years ago. For those of you not familiar with the Zeitgeist Movement (ZM), there are many websites referring to it and promoting it on the internet.
As can be read on ZM’s global website – TheZeitgeistMovement.com
The world today has become very detached from the physical world, with techniques of production and distribution that have no relationship to the environment. Our use of a profit based, “growth” driven monetary system has become one of the greatest destroyers of the natural world and sustainable human values. It is important to understand that the entire global economy requires “cyclical consumption” to operate, which means that money must constantly be circulating. Thus, new goods and services must be constantly introduced regardless of the state of the environment and actual human necessity. This “perpetual” approach has a fatal flaw, for resources as we know it are simply not infinite. Resources are finite and the Earth is essentially a closed system.
As with anything new, there are those who are opposed to a RBE. Personally, I agree with most of what ZM is advocating. No system is perfect, least of all the one we are currently living under.
Looking around the globe, it is easy to see that Capitalism, Socialism, Communism, or any other “ism” does not work. They are all based on the monetary system. We need to get rid of the old antiquated monetary system and start fresh with a totally new and modern system built around a RBE. Once again, as can be read directly from the ZM global website – 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, conservation and the most advanced methods of science and technology, we could easily produce all of the necessities of life and provide a high standard of living for all. To do this, we have to overcome our current, outdated, established practices. This is the purpose of The Zeitgeist Movement- to create a global awareness to thus transition into a new, sustainable direction for humanity as a whole.
Since the beginning of the technological era, there is a trend that has been developing, and it is starting to have a profound impact on the current economic system. This trend has been termed ‘technological unemployment’ and is the rapid destruction of jobs by machines, robots, ATMs, etc. Currently, the monetary system relies on people to have jobs to earn a living, but also encourages employers to seek ways of reducing labour costs in order to boost profits. As a result of this, many jobs are gradually being eliminated by machinery or shipped overseas. By doing away with employees, companies are able to maximize profit, but if unemployed consumers aren’t making money, then who is buying the products? So if the natural tendency is to replace humans with machines then we should not fight it, but promote it, to the point where no one needs to work for a living. The RBE embraces modern technology and uses it to free people from having to work to survive. Not having to worry about finding or keeping a job would relieve a lot of stress, and we know how much stress affects one’s mental and physical health.
A video explaining how a Resource Based Economy works…..