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I suggest you watch this and then reply again:
Originally posted by grapesofraft
I keep reading info from people who think that the world would be a better place if we got rid of all monetary systems. That has to be one of the stupidest things I have ever heard. The only reason I can think of why they would want that is because they have no money, and do not plan on getting any in the near future.
How would we buy anything that was expensive, like a house, a car, another business, etc?
How would the world function without some form of money?
Am I missing some profound sort of knowledge or something?
Just the basics. Food - raw, clothes and some useful items like knives and spoons. Showed you how much of the workforce works in farming 0.6%. Add more for clothes, and for manufacturing the machines and in all it would not be more than 10-15%. Including the mining part.
No more electricity, TV, streets, cars, airplanes, computers, nothing. Only farming, and those basic items, work 4 years for them, then you are free. You have all the time to build yourself a house, you will be helped by others and you will help them. people will look at each other as potential friends, no longer as competitors. Competition for what ? But even that cooperation is optional.
Storehouses will be placed everywhere - with these basic items produced. People will be able to travel anywhere and take from any storehouse on the way. Nobody will take more than he needs. What to do with it ? Trade it for what when everyone has it and there are no money ?
People want to produce modern stuff ? They are free to do so. And free to quit working anytime they want. Not like today.
And people will invent new technologies to make life easyer. In place of money people will get reputation, for what they bring. Einstein did not work for money, he would have "worked" (when you do what you like it's not work) even for no money if he had the basics for survival.
I am sure there will be plenty of land left over for peopel to farm if they want to grow their own food. Maybe in time people will invent something better even than industrial farming. But right now I say we are too many to survive without it. Fertilizers I mean.
In a 1927 interview with the magazine Nation’s Business, Secretary of Labor James J. Davis provided some numbers to illustrate a problem that the New York Times called “need saturation.” Davis noted that “the textile mills of this country can produce all the cloth needed in six months’ operation each year” and that 14 percent of the American shoe factories could produce a year’s supply of footwear . The magazine went on to suggest, “It may be that the world’s needs ultimately will be produced by three days’ work a week.”
Originally posted by munkey66
indidionous tribes from all around the world seemed to cope fine with no money, the entire village shared all recources as well as materials and tools.
I think the uneducated ones cannot see a way of doing it