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Mats Kaarbø

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Is There a Future for Money?

In our digital age, where banks and even nations fail through reckless monetary spending and policies, it seems that our monetary system is becoming the big elephant in the room, yes even obsolete. Automation replacing humans seems to be one of the fundamental contradiction of capitalism and may be the demise of the system itself leaving the looming possibility of fascism or military dictatorship to arise and flourish if we fail to arrive at any alternatives.

While some believe taking us back to the gold standard will fix things, and others believe that debt forgiveness is the solution, we hear talks about access/resource based economies, where we simply declare all of Earth's resources as the common heritage of mankind and make goods and services available to all without the use of money, credits, barter or any other system of debt or servitude, through technological abundance.

In fact, let's rephrase the question. At what point in the future do you think that our technology will make automated systems possible and allow us to move out of a monetary system?

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  • Sep 3 2012: I was actually making the point that the paradigm of life that we are living is like a game. Anytime we choose to play a new game where the goal is to have a great life experience instead of making money then, we have a chance at World Peace.

    Have a look at my book, I think you will agree with my ideas: http://thenewgame.org

    Cheers!
    • Sep 8 2012: This looks really interesting, Kirk! I will definitely have a look at it.
      • Sep 8 2012: Thanks Mats, I think that we have a great deal in common philosophically on this subject. The more that humanity sees life from the perspective of what it can be, the more that humanity will realize that how we are living now is truly insane!

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