The Venus Project-Resource Based Economy

I have grown up most of my life thinking (like all good Americans) that capitalism was the only way that society could exist. Without money, the world would come crashing down, the sun would burn out, the stars would fall from the sky, the oceans would dry up. But would it? For most people, no. Their lives would be better. Not only their lives but the lives of each succeeding generation.In this video, Jacque Fresco explains a resource-based economy clearly.

The term and meaning of a Resource-Based Economy was originated by Jacque Fresco. It is a holistic social and economic system 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.

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.

A resource-based economy would utilize existing resources from the land and sea, physical equipment, industrial plants, etc. to enhance the lives of the total population. 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.

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