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. 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.
Modern society has access to highly advanced technology and can make
available food, clothing, housing and medical care; update our
educational system; and develop a limitless supply of renewable,
non-contaminating energy. By supplying an efficiently designed economy,
everyone can enjoy a very high standard of living with all of the
amenities of a high technological society.
A resource-based economy would utilize existing resources from the land
and sea, physical equipment, industrial plants, etc. to enhance the
lives of the total population. In an economy based on resources rather
than money, we could easily produce all of the necessities of life and
provide a high standard of living for all.
Consider the following examples: At the beginning of World War II the US
had a mere 600 or so first-class fighting aircraft. We rapidly overcame
this short supply by turning out more than 90,000 planes a year. The
question at the start of World War II was: Do we have enough funds to
produce the required implements of war? The answer was no, we did not
have enough money, nor did we have enough gold; but we did have more
than enough resources. It was the available resources that enabled the
US to achieve the high production and efficiency required to win the
war. Unfortunately this is only considered in times of war.
In a resource-based economy all of the world’s resources are held as the
common heritage of all of Earth’s people, thus eventually outgrowing
the need for the artificial boundaries that separate people. This is the
unifying imperative.
We must emphasize that this approach to global governance has nothing
whatever in common with the present aims of an elite to form a world
government with themselves and large corporations atthe helm, and the
vast majority of the world’s population subservient to them. Our vision
of globalization empowers each and every person on the planet to be the
best they can be, not to live in abject subjugation to a corporate
governing body.
Our proposals would not only add to the well being of people, but they
would also provide the necessary information that would enable them to
participate in any area of their competence. The measure of success
would be based on the fulfilment of one’s individual pursuits rather
than the acquisition of wealth, property and power.
At present, we have enough material resources to provide a very high
standard of living for all of Earth’s inhabitants. Only when population
exceeds the carrying capacity of the land do many problems such as
greed, crime and violence emerge. By overcoming scarcity, most of the
crimes and even the prisons of today’s society would no longer be
necessary.
A resource-based economy would make it possible to use technology to
overcome scarce resources by applying renewable sources of energy,
computerizing and automating manufacturing and inventory, designing safe
energy-efficient cities and advanced transportation systems, providing
universal health care and more relevant education, and most of all by
generating a new incentive system based on human and environmental
concern.
Many people believe that there is too much technology in the world
today, and that technology is the major cause of our environmental
pollution. This is not the case. It is the abuse and misuse of
technology that should be our major concern. In a more humane
civilization, instead of machines displacing people they would shorten
the workday, increase the availability of goods and services, and
lengthen vacation time. If we utilize new technology to raise the
standard of living for all people, then the infusion of machine
technology would no longer be a threat.
A resource-based world economy would also involve all-out efforts to
develop new, clean, and renewable sources of energy: geothermal;
controlled fusion; solar; photovoltaic; wind, wave, and tidal power; and
even fuel from the oceans. We would eventually be able to have energy
in unlimited quantity that could propel civilization for thousands of
years. A resource-based economy must also be committed to the redesign
of our cities, transportation systems, and industrial plants, allowing
them to be energy efficient, clean, and conveniently serve the needs of
all people.
What else would a resource-based economy mean? Technology intelligently
and efficiently applied, conserves energy, reduces waste, and provides
more leisure time. With automated inventory on a global scale, we can
maintain a balance between production and distribution. Only nutritious
and healthy food would be available and planned obsolescence would be
unnecessary and non-existent in a resource-based economy.
As we outgrow the need for professions based on the monetary system, for
instance lawyers, bankers, insurance agents, marketing and advertising
personnel, salespersons, and stockbrokers, a considerable amount of
waste will be eliminated. Considerable amounts of energy would also be
saved by eliminating the duplication of competitive products such as
tools, eating utensils, pots, pans and vacuum cleaners. Choice is good.
But instead of hundreds of different manufacturing plants and all the
paperwork and personnel required to turn out similar products, only a
few of the highest quality would be needed to serve the entire
population. Our only shortage is the lack of creative thought and
intelligence in ourselves and our elected leaders to solve these
problems. The most valuable, untapped resource today is human ingenuity.
With the elimination of debt, the fear of losing one’s job will no
longer be a threat This assurance, combined with education on how to
relate to one another in a much more meaningful way, could considerably
reduce both mental and physical stress and leave us free to explore and
develop our abilities.
If the thought of eliminating money still troubles you, consider this:
If a group of people with gold, diamonds and money were stranded on an
island that had no resources such as food, clean air and
water, their wealth would be irrelevant to their survival. It is only
when resources are scarce that money can be used to control their
distribution. One could not, for example, sell the air we breathe or
water abundantly flowing down from a mountain stream. Although air and
water are valuable, in abundance they cannot be sold.
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.

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