- The economy is not a natural person
We hit a tipping point every few weeks, but the economy keeps growing. Is there perhaps something we have overlooked?
Why does no one think about that the corporations of the global economy are legal entities? All CEOs are their employees and have a duty of loyalty. These juridical institutions naturally have no relation whatsoever to intact ecology, climate protection, the preservation of species, etc. Their only interest is growth. You can’t steer them, they are the “invisible hand of the market”. The problem of the increasing scarcity of resources is solved with the help of wars, which serves their interests in two ways, they grow both with the sale of weapons and with the repair of war damage.
The proof of this is that mankind has known the limits of growth for 50 years, but growth continues unbridled. Even combined disruptions such as a lockdown-related collapse in consumption combined with massive climate protests cannot disrupt this institutions, this global economy. If we want to fix global problems, we have to change the fundamentals of the economy. We have to fix the market and competition.
- Competition means inequality
In every competition there is a winner and several losers. It’s the same in business as it is in sports. It is impossible to eliminate inequality as long as the economy and society are based on competition. Competition uses inequality. Unfortunately, it is a generally accepted fact that unfair methods are often used today to win the competition. When there is no money for the winner, competition becomes obsolete.
- Market is a relic from the past
With the Internet, we have a tool in our hands that enables the intelligent linking of the sales shelf (requirement) with the producer. The market is therefore superfluous. The disadvantage of the market is that money and not real need determines the distribution of goods. If you don’t have money, you get nothing. A really fair distribution of goods can only take place if you can give them away, just as we get raw materials and energy as gifts from nature.
- Labor is not a commodity
Work is a characteristic that distinguishes man from all other beings. Only humans are able to be creative of their own free will and create something according to their own ideas. A characteristic cannot be sold. Only when this characteristic can develop freely and without coercion will it reach perfection. That is why human development was possible for 2 million years. The contradiction between paid and unpaid work and thus also the gender problem can only be solved if money is decoupled from work.
- Stability of daily supply
The part of the economy that is responsible for the daily supply is very stable. The first Covid-19 lockdown of 2020 was like a stress test for the economy. A jump function was simultaneously applied to the entire world economy as consumption plummeted. As a result of this test, parts of the economy such as the transport sector were almost shut down, but there were no significant disruptions to the daily supply. The production of everyday goods took place unhindered and consumption ran smoothly with a few exceptions. This is due to the fact that everyday life is shaped by habits. Removing money from this cycle would therefore have minimal impact. This means that the money can be abolished at any time and without any special precautions.
- People are not bad, but they are subject to temptation. With a few (non-climate-related) exceptions, money is the temptation. Its hypocritical to say that the economy improves our lives. In reality, all newly invented needs serve only to ensure growth. But as a result, we distance ourselves more and more from our own SELF.
Debt relief has always been everyone’s dream. Even the Bible writes about general debt relief, which took place every seven times seven years. Even today, well-known economists are thinking about it, but instead of finding solutions, they look for reasons why it doesn’t work. The world debt situation is so complicated and unmanageable that the only way to eliminate all debt is a general and global abolition of money. The abolition of money will not harm anyone because after that you will no longer need money to get what you need for a good life.
A global referendum for a jubilee would not interfere with the economy, the market would not be able to do anything against it. Once the money is gone, the idea of the resource-based economy could flourish unhindered all by itself.