Resource-Based Economy
Description
Excerpt copied (and edited) from The Venus Project site:
"A Resource-Based Economy is a system in which all goods and services are available without the use of any system of debt or servitude like money, credits or barter. All resources become the common heritage [1] of all people, not just a select few. The premise upon which this system is based is that the Earth is abundant with plentiful resource; our practice of rationing resources through monetary methods is irrelevant and counter productive to our survival.
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[2]. Money[3] 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."
Key resources
- Description of resource based economy at the Venus Project site: http://www.thevenusproject.com/a-new-social-design/resource-based-economy
- The Venus Project
- The RBE Foundation [4]