The new economic order

What is the real reason for climate change and inequality in the world?

Far too much is consumed, especially in the global north. Black Friday and Christmas shopping seasons don’t have to be. Nor does it have to be that many things are intentionally broken far too early or that tomatoes are thrown away because they are not in the ideal shape. The competition of the global economy compels us to do so. This is also to blame for growing inequality.

The invisible hand of the market Read More

You can’t use words to convince the bike courier to give others a chance, any more than you can not convince Jeff Bezos not to increase his fortune. We will only succeed if we eliminate the cause, and that is money.

When the money is gone, bike courier and Jeff Bezos take what they need to live well. It is then free.

We simply assume that there must always be money.
We learn that from childhood.

But if the money suddenly would disappear, e.g. by magic, people could still go back to work as normal. Imagine if the politicians didn’t panic about it, but instead said that it wasn’t a bad thing. We also do work at home or when we help our friends without receiving any money. If we were to work without getting any money, everything we need would also be free, since these things didn’t cost anything to manufacture and transport. We get raw materials and energy from nature.

So a life without money would theoretically work.

But how about the economy?

Economists and politicians say that there must always be growth. It would be very bad if the growth were to be too low, like during the pandemic. As an argument, they tell us that growth is necessary so that money from growth can be invested in the economy again. So to build new plants and replace old machines. If there was no growth, it supposedly wouldn’t be possible. 

In order for there to always be enough growth, people have to buy and consume more and more. They are always inventing new needs that we do not have naturally. Otherwise consumption would not increase more and more. Recently, the lifespan of products, e.g. that of printers or washing machines, has been artificially shortened, just so that we can quickly buy something new, just so that there is enough growth.

But there is also a downside to growth.

Due to the increasing consumption and the energy that is required for this, we pollute the oceans with microplastics, melt the poles and glaciers and we let extinct animal and plant species extremely quickly and irretrievably.

At the beginning we said that it would theoretically be possible to work without money. We get everything for free for this.
If so, investment in the economy would of course also be free and growth would no longer be required at all. This means that the CO2 emissions do not increase for the time being.

Because then no new needs have to be generated and the products will last longer again, CO2 emissions will even decrease. Instead of ever newer and larger cars and correspondingly wider motorways, systems could then be built that help reduce the burning of fossil fuels to zero. Then finally the earth can recover again.

We can turn it around as we want, the only way to preserve our earth is to get rid of money.

Thats is quite easy. If the majority of the people in the world vote for it, then the money is gone.

The wonderful thing about it is that nothing is taken away from anyone, because afterwards you don’t need any money at all to get something. And all debts worldwide, including the unjust debts of many poor countries, would disappear without harming anyone.

Everyone then has unrestricted access to food, shelter and medical care, you don’t need any more money for it.

Finally, the fair distribution of the surplus that is produced and accumulated or thrown away in some industrialized countries is also possible. As long as there is market-based competition, that is not possible. In the competition, the fastest always wins. And of course he would not distribute his profit fairly to the other followers. It is quite impossible today.
A fair distribution is only possible when there is no more money.

Slightly longer explanation:

Money has a lot of advantages. For example, that some people can buy what they want. Private jets, yachts, trips into space.Read More


Everything gets better when the money is gone?
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Basic income – wouldn’t it be enough if a basic income were introduced?
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Currency – Don’t we need another currency to exchange when the money is gone?
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Economy – How is the economy developing?
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The baker – who else will get up at 4 a.m.?
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Effort – Nobody will make effort if performance is not paid for!
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Garbage collector – What about work that nobody wants to do?
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Investments – Where does investments come from when there is no growth?
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Luxury goods – What happens to luxury goods that are limited?
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Market – What happens when the market no longer regulates?
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Private property – What happens to private property?
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Progress – Will there still be technical progress?
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Savings – What happens to our savings?
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Society – How will our society develop?
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Stores – Won’t we then take as much from the stores as we can carry when everything is free?
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Transition – how will the money go away?
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Work – Would anyone still work then?
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Bank employees – What happens to the many bank employees when there is no longer any money to be managed?
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Further questions?

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A climate catastrophe threatens if something does not change quickly
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The countries of the global south are being plundered because of their high debtsRead More

As long as you get rich making weapons, there are wars
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As long as care work is worthless there is no gender equality
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We live in abundance and yet people are excluded from the necessities of life
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All major economic crises are caused by money
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We have lost the center of our lives
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The market dictates how we should live
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We are on the verge into a new age
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The major economies of the past 100 years
failed in solving the global problems

Capitalism – property and moneyRead More

Socialism: money and no propertyRead More


Property and no moneyRead More

Need for a new economic order

Our current economic order, the market economy, is based on an idea by Adam Smith. Adam Smith lived 250 years ago, in a time of hunger, hardship, and ignorance. He invented competition and it generated growth. That led us to today’s prosperity. Read More

The market economy dates back to the 18th century and was made for hardship and deficiency, not for abundance. We need a completely different economic system that can do without growth.

We need a new way of looking at society and the economy that takes into account our current level of knowledge and our current technical capabilities. 

A new economy, the thanks-economy

The air you breathe is a gift from nature. It doesn’t cost anything. Water is also something that the earth gives us. Likewise the oil, the grain and many other things.Read More

Brussels, May 2021, Eberhard Licht

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From the market economy to the gift economy