Think Tank Time! - What is the next evolution of currency based transactions?

Hello fellow enlightened ones! I hope this thread finds you well! My hope is this will be a productive discussion.

Our current economy in the US, and indeed the World, is currency based meaning we acquire currency to buy things and without it we cannot acquire the things we need. Currently, if we acquire enough currency we can manipulate lawmakers which are used to restrict markets in favor of the wealthy which leads to the current system of oligarchy and despotism we have now. As we all know, this immoral system leaves those who are less prosperous to the wolves of manipulation, ignorance, illness of all kinds, poverty, homelessness, and premature death.

Today, the only thing we can do without money is breathe and live off the land. As appealing as that sounds, I think we’d all prefer something a little better :slight_smile: . Personally I believe in evolution. The direction of society is always moving towards improvement in the long term (over the centuries) , even if we cannot see this in the short term. My question is this: What is the next evolution of a currency based economy? Is there a system of exchange that is both efficient and morally correct at the same time? Your thoughts are welcome…

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Well, SOME political systems USED TO work with currency when you had:

  • transparency of what was being given to whom; and

  • limits on what you could spend on a politico.

I think until you remake the Supreme Court (an opportunity blown by RBG not taking retirement early, and the 2016 “he’s real bad -just vote for us!” strategy…), the first one should be focused on through legislative fiat (and for that, you would need to seat ALIGNED Independent Congress people <sarcasm> -last I checked, Sanders was making an appearance at Coachella…</sarcasm>)

For example, there is a flimsy statute that says Congress people have to report their assets -but the penalty for not doing so is about the same as a hefty speeding ticket! That would need to be changed (the only more important initiative that comes to mind is limiting presidential pardons per term, to something like 1,000, based on historical precedent…) And without ALIGNED Independents in Congress, all the Oligarchy tours in the world won’t be changing that. In my opinion, UNLESS Sanders will by surprise spring some Good Housekeeping committee of people who are difficult to bribe (to always make sure the candidates are not working counter to worker and anti-pollution interests, to kick out ones that do…), that option is slipping away. THE DEMS WILL ALWAYS DO WHAT THE CORPORATIONS TELL THEM TO; both parties are owned by mega-corporations and cartels.


PS Even if it looks like the votes aren’t there for limiting presidential pardons, it should be held anyway, to get the crackpots on record not wanting a rule of law…

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Thank you for your response. I want to clarify my question. I’m really asking if requiring money to acquire things is the most morally justified and efficient transaction method for our economy.

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I was wondering if you wanted to go there.

It’s definitely possible to get all money out of politics; this would require that all candidates get access to funding. I remember that was done in a New Jersey race once, a long time ago.’

I don’t see a political will right now to making that a reality, as much as I don’t have a problem with it…

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Ok… not asking if it’s politically viable.

The question is: Is there a better way to ensure goods and services are distributed efficiently other than trading money for them?

So to be absolutely clear, is the practice of using a medium of exchange outdated? If so, what’s a better way to conduct transactions?

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My brain is not ready for this question today (or any question or thought process), but I will let it marinate and get back to you! :smiling_face:

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Lol, that’s ok. I just like to have academic discussions. :slight_smile:

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