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Why do we still live in a monetary based economy? How can we make our current system more efficient, less wasteful and overall sustainable?

Is there a better system that we could follow that is based around improving quality of life for all humans and to increase resource efficiency? I am not proposing that we don’t use a type of currency for trade, what I am saying is that our current system is not working efficiently and not improving human life. Money is the focal point and it traps people in it through debt. Our dependence on money has many adverse affects. It is limiting our potential and stopping sustainable progression.

Wouldn’t it make more sense to live in a society were we do things to their full potential. Maximise efficiency and minimise waste. A system that is transparent with no class distinction. That provides the basic needs of life for free; Food, shelter, education and cloths. No strings attached, nothing locking you in. We live once so while fill it with things that add nothing to your life our others?

Im not saying we should do this or that, I am saying that there are flaws in our current system, how can we change it to make it better? How can we make our current system more efficient, less wasteful and overall sustainable??

Topics: community society
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    May 7 2013: Adam,
    there is no other way for mankind to mange a global economy without using a monetary system. The theories of a new system, some of which you have described are simply not feasible. Consider this, Mankind started with a barter economy and as the number of people grew and barter expanded, the monetary system evolved. We are talking over 5000 years ago, the dawn of human civilization. So, consider this, if you could come up with a new and better system that meets all the benefits of plans listed and could have all the mechanics available, that's the easy part. The hard part is to get 7 billion people to change.
    • May 8 2013: Why is it impossible? I understand that our current system is the result of society’s awareness and knowledge growing; therefore the system has evolved with us through time. Want I am trying to say though is I think its time for a revision of our system because I believe it is not in the best interest of the whole of humanity just a few and delaying our potential progress. It’s inefficient and wasteful. Surely when you look at the world and how it is currently regulated you see what I am talking about?

      Im not saying we should do this or that, I am saying that there are flaws in our current system, how can we change it to make it better. There are some concepts out there, is it plausible to dump our current system and go for one of those, I personally don’t think it’s possible. But I could be wrong. Do we just adopt some of what they propose?? People once thought it was impossible to achieve a lot of things we have today, the only thing stopping change most of the time is our mind.

      How can we make our current system more efficient, less wasteful and overall sustainable??
    • May 8 2013: I agree 100% the hardest part of the transition to what ever system our elected officails choose/if they choose, will be the change that the general public will have to under go. history has shown us time and time again that change is some thing that takes time and what we start brain storming and leading the way for future generations to pick up the ball and run with it. im not under the assumption that things will change in my life time, or my childrens or my childrens children, but at some point our species has to evolve beyond selfishness greed and consumerism, into a more enlightened age where quality of life out weighs how many toys you have.
      i see the barter system and the monetary system to have the same inherant flaws that produce the behaviours i mentioned earlier, one is just a complex version of the other. my thoughts are why do we need to exchange goods? why do we need to recieve some thing for every thing you give? what if things were in surplus and instead of trying to compete to get it over others cant we just live in a communal manner? just an idea the would be scoffed at by many as our lives have only shown us that the opposite can make you happy and successful, if we look at communites like the armish they run largely un plugged from the economy, doing things for the good of their community is just a normal day for them. while we some time poke fun at their ways they remain a strong an independant people that are not riddled with the mental illness and social problems our society is. iv never seen a homeless armish person.

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