The new economic order

Climate change and rising inequality are the biggest problems facing humanity today. There are extensive studies about it.
And there are massive demands on politicians.

But isn’t it like yelling to the leaders group in a marathon:

                                                   “Slow down!”       ? (Will they listen to us?)

What would happen if all money suddenly disappeared
due to an unforeseen global event?


We would continue to work as usual and get everything for free. Raw materials and energy don’t cost anything because they are provided by nature and if the work doesn’t cost anything, then of course the finished products don’t cost anything either. A little discipline would be required, but we have been demonstrating this discipline for two years in the fight against the pandemic. And the ability to work is a natural gift that distinguishes us from animals.

There is no proof that work is only possible with money.

If the goods are free, then investments in the economy are of course also free. Therefore, the main reason for growth is eliminated.
The climate-damaging CO2 emissions and inequality would no longer increase.

If there is no money, there is nothing to increase. There is no more profit and no more interest. There is no longer a market and goods can now be distributed as needed. Even those who have no money today will then get the little what they need to survive.

The implementation of this idea will not harm anyone. Nothing is taken away from anyone, because after that you don’t need any more money to get something. The many debts where no one knows who owes whom would disappear in one fell swoop.

To understand this, we have to completely switch our way of thinking.

Is our current way of thinking really correct about economy?
We think the economy is there for us. But aren’t WE the slaves of the economy today? We consume so that the economy can grow. We don’t buy what we need to be truly happy. We buy what the economy dictates to us with advertising, discount offers, newly created and not naturally existing needs and artificially shortening the shelf life of the products.

Only when the economy is no longer forced to sell, i.e. when there is no longer a market, will the economy adapt to our naturally existing needs. With the internet we now have a much better tool at hand to control production. We no longer need the market. It is a relic from the past.

Since our natural needs are much smaller than those artificially created by the economy, natural resources are exploited much less.

We have extensive knowledge of climate change and inequality in the world. Demands on politicians will not be enough.
We must fundamentally change the economic system.

The solution is: Global abolition of money.
There is not much time left.

All we have to do is
let every person vote on whether their debt should go away.


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
Read More

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
Read More

As long as care work is worthless there is no gender equality
Read More

We live in abundance and yet people are excluded from the necessities of life
Read More

All major economic crises are caused by money
Read More

We have lost the center of our lives
Read More

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 gift-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