A Resource-based Economy

 It is a holistic socio-economicsystem 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.

- Jacues Fresco, The Venus Project

Pledge allegiance to the earth and all living beings on it. If we want an end to war, we must declare the earth common heritage for all the world’s people. This has nothing to do with those who want to form  an elite world order with themselves and large corporations in control and the rest of the world subservient to them. On the contrary, a global resource-based economy allows ALL people to reach their highest potential where they can thrive and grow in a society that works on their behalf.

Money creates Scarcity which creates all the Problems of the World

  • Money has no intrinsic value, only a value based upon scarcity and conventional value. If it rained gold dust for 3 days, most people would throw away everything out of their drawers and use them to store all that gold dust. If it rained gold dust for years, it would become worthless and we would empty out our drawers.
  • If a group of people with 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.

There is not enough money but there is enough resources to meet humanities needs

There is not enough money to provide for all the needs of people on the planet BUT  the earth has enough RESOURCES to meet the needs of all people, if managed properly.

Example

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.

How Would it Work?

Jacques Fresco arrived at the idea of a Resource-based economy – an economy in which all goods and services are available to everyone without the need for money, debt or barter. Fresco arrived at this conclusion after 75 years of research.  We have enough resources to build a far-more advanced society. We just have to apply it.

With today’s technology, if we had the will, we can eliminate scarcity and create a resource-based economy by replacing today’s debt-based economy:

  • 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.
  • 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.
  • 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.
  • 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
  • generating a new incentive system based on human and environmental concern

Technology

Technology is the major cause of our environmental pollution because it is designed and used without human wisdom. The abuse and misuse of technology BY HUMANS is what has led to our unsustainable society. In a more humane civilization, instead of machines displacing people they would:

  • shorten the workday,
  • increase the availability of goods and services,
  • 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

Energy

Based on clean, and renewable sources of energy:

  • geothermal;
  • controlled fusion;
  • solar;
  • photovoltaic;
  • wind,
  • wave and tidal power
  • fuel from the oceans

Production & manufacturing

  • automated inventory on a global scale  maintaisn a balance between production and distribution
  • eliminate the duplication of competitive products. Instead of hundreds of different manufacturing plants and the overhead required to turn out similar products, only a few of the highest quality would be needed to serve the entire population.
  • due to no more competition, planned obsolescence would become unnecessary and non-existent

Food

Only nutritious and healthy food would be available

Finance

Phase out professions based on the monetary system:

  • lawyers
  • bankers
  • insurance agents
  • marketing and advertising personnel
  • salespersons
  • stockbrokers
  • fund managers
  • financial tools

Human Wellness

  • With the elimination of debt, the fear of losing one’s job will no longer be a threat
  • Crime will mostly be eliminated due to no more scarcity
  • This assurance along with education gives us the freedom to explore and develop our abilities

Venus Project City Designs

  • Cities are designed in concentric circles
  • Central dome or theme center houses the core of the cybernated system:
    • educational facilities,
    • access center,
    • computerized communications,
    • networking systems,
    • health and child care facilities
  • First set of  buildings surrounding the central dome provides cultural activities:
    • the arts
    • theater
    • exhibitions
    • concert
    •  access centers
    • various forms of entertainment
  • 2nd concentric layer is design and development complex for this research and planning city
  • 3rd concentric layer is for dining and other amenities
  • eight residential districts with creative architecture and design
  • strategic areas for renewable energy
  • next: indoor hydroponic facilities and outdoor agricultural belts which will be used to grow a wide variety of organic plants
  • circular waterway for irrigation and filtration surrounds the agricultural belt
  • outermost perimeter for recreational activities

All the facilities are available to everyone without cost in a resource based economy. The sole purpose of this sophisticated technology is to free people from boring monotonous tasks, make available a much higher standard of living, and provide more leisure time.

(Source: Venus Project)