TED Conversations

Richard Luster

Technology Integration Engineer , Virtual Radiologic

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With recent worldwide monetary issues, would a society without money work?

Our current systems of monetary, social, ideological and border divisions are imaginary, and clearly not working for us on our planet.

Once we can get past our outdated methods of decision-making through speculation and diktat, and remove our imaginary barriers, we will find our only problems are technical ones. ie. How do we provide for everyone and use our planet in the optimum way? Only when we are free of our conflicting ideologies and methods, can we truly solve this problem.
Our technology is now at a level where we can comfortably provide for everyone without the need for hard labour. What we can automate, we will automate. We don't need money to build machines, we can just build them. Tasks that can't be automated can be rotated among a populace who would be more than happy to dedicate a small portion of their time to a community that sustains them.
Everything could be declared free to use, but within an understanding of natural and technical limits, and respect for the combined common good. These understandings are achieved initially through education, and ultimately through consensus.
Once people realise that a money-free society works, we will naturally become more positive in our actions, more cooperative, compassionate and productive.

Please watch the video at www.freeworldcharter.org and let me know what you think.

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  • Nov 8 2011: Yes, a society can still work without money. Barter exchanges between society can be a way ... but I must say that if the society had been reliant on money, they may find it a little difficult to adapt. From where I am sitting in Fiji, I see that it is possible and people can still have a life through exchanges.

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