Resource-Based Economy

From P2P Foundation
Revision as of 22:55, 24 December 2009 by Elifarley (talk | contribs) (→‎See Also: Added link to Atlas Initiative Group)
Jump to navigation Jump to search

A post-scarcity economic system in which money and barter serve no purpose.


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 of all people[1], 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[2] through monetary methods[3] 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[4]. Money[5] 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."

Opposing Views

Key resources

See Also

References