Now when we think about whether it would work, we have to assume that we will think differently and act differently. We don’t do anything anymore just to make money. Greed will increasingly give way to gratitude.
After just a few days, we will change our behavior when we notice that we have received everything for free. Much earlier than the determination that we don’t earn anything because the salary or wages are usually not expected until the end of the month anyway.
It is a great adventure for all of humanity. A departure into a new dimension of society, comparable to a Mars mission. Or a mission to fend off a large meteorite that is approaching Earth. One could also imagine the danger of climate collapse as such a meteorite.
Politicians are called upon to prepare us for this transition. Our entire political landscape thereby gets a real common task. In order for it to work, everyone must be motivated to continue doing everything as before, so that the supply flows are not disrupted and contracts are adhered to. To do this, all politicians have to pull together and it is completely irrelevant whether you have right, left, green, conservative, liberal or socialist views.
Everyone has to participate and everyone has to stick together.
After the successful global referendum, a deadline is set on which all money in the world is devalued to zero.
If we move to the money-free society, as little as possible should change.
All people are called upon not to change their behavior regarding work and consumption. Supply chains must never be disrupted to avoid chaos. Contracts have to keep running. Advertising must be restricted so that unnecessary needs are not aroused during this transition period, which naturally do not exist.
If the politicians have done a good job of motivating people to move into this society, not much will happen at first. Life goes on as normal, everyone goes about their job and their obligations and gets what they need for free. The only difference is that there flows no money back. With the Covid-19 lockdown, humanity has proven that even major interventions in daily life can be mastered with a lot of discipline.
All of society will change over time. The limiting thought: “I am not paid for this, so I do not do it.” will disappear from people’s minds.
Achievement comes from gratitude and the joy of being able to do something for others. This gratitude will inspire people and replace the motor of fear for the job or the greed for more wages. Aren’t we often more excited about giving a birthday present than we are about receiving it? It’s just a human trait. Just like to get everything for free.
Would anyone still work then?
We don’t actually go out of the house every morning because we are driven by the idea of making money. We go out of the house because we’re used to it. It is more normal that there is money for it without thinking about it all the time. Contact with our colleagues is part of our social environment.
Man is guided by habits. We will naturally continue to do our daily duties to feed and provide for ourselves and others. This is innate self-protection. The behavior of all people on earth during Covid-19 lockdown is proof that we have the necessary discipline. There is no longer any reason to doubt it.
Over time, behavior to work will change. We have the opportunity to do what we are best suited for, because money no longer determines the career choice. Voluntary work is equated with paid work.
What happens to the many bank employees when there is no longer any money to be managed?
If the financial and advertising industries are no longer needed, nothing will change in the branches of industry that are responsible for supplying the population. Agriculture, textile companies, food companies continue to work as usual. And just as the bank employees previously got what they need , after the money has disappeared they would be supplied with what they need. Money disappearing does not mean that there are more people who need the goods. There will be just as many goods as there were before, and just as many people.
The big difference is that there is no longer any difference between “paid” and “unpaid” work. You can look for any activity that you enjoy. When global companies fall apart, many employees are required.
Perhaps people who are no longer needed in the advertising or financial sector go to the food industry and help out there. Or in the social or educational system. Why not? When you only have to work three days a week? Or they set up shared apartments for older people. Starting something new doesn’t cost anything. And so it goes on and on, in a more humane direction.
Because these people get what they need for free, they will feel morally obliged to make their contribution to society too.
Nobody will make effort if performance is not paid for!
We think so because we are brought up that way. But what are we really like? Did we really try harder at school when we were promised money? Aren’t we often much more committed to our hobbies than to our job? Wikipedia – a platform that is supported by volunteers. Sometimes the money even slows you down or we haven’t already heard the sentence: “I’m not paid for that!”.
Our motivation and curiosity will not go away just because there is no money. The pace of development, which is increasing exponentially today, will perhaps approach a straight line again. We will continue to have ideas and it will be much easier to find like-minded people to make the idea a reality. It is likely that fewer ideas will disappear in drawers because there are no financial support for the realisation.
My children are studying architecture and industrial design engineering and they are dying to create sustainable houses and an intelligent aid for people with dementia. They would love to turn their ideas into a finished product! As quickly as possible. The technical progress happened in the market economy but it is due to our knowledge and our innate creativity and drive.
Perhaps the speed of development for new products will slow down a little when there is no longer any competition. But the ever faster development in recent years has also led to the lifespan of products being artificially shortened. One speaks of planned obsolescence. The result is that more and more waste is generated and supplies are depleted. Who does not mourn the good old washing machine that was no worse than the newest, but lasted for 20 years. We wouldn’t mind if we use our cell phone for maybe three years and not throw it away every year because a new one is being advertised.
In addition, the development of the Covid-19 vaccine is now showing how harmful competition is. The development would be much faster and much more could be produced if the competing companies worked together. But property rights have to be protected as investors could potentially lose money.
But won’t we then take as much from the stores as we can carry when everything is free?
We humans are not inherently bad. We are raised to greed and envy. Society today cannot function without these qualities. They are the oil in the gears of the market and the market will do everything to keep it that way. As long as the money exists.
We don’t have to imagine society on a voluntary basis like the battle at the cold buffet or Black Friday, where you get something (almost) free of charge for a limited time.
This new society doesn’t stop. It’s more like a relaxed all inclusive vacation. You know that everything will be free tomorrow too. Or imagine you’re going to a party to which everyone brings something. Every day.
What about work that nobody wants to do?
A very common question is what happens to the unpleasant work. Today we are able to make most unpleasant activities more pleasant if one is not under the financial pressure that unpleasant activities must not cost anything. Sharing and togetherness also makes unpleasant things more pleasant. When I was still living in Utrecht on the Nieuwegracht, the fortnightly cleaning of the streets and front doors was celebrated almost like a residential area festival, where neighborly relationships are also cultivated.
If the garbage disposal is not left to the cheapest provider, the residential areas think about how to achieve that as little garbage as possible is generated and recyclable materials are separated and transported as well as possible and trouble-free. Of course, all of this has to be well organized. But for that we can use this marvelous thing that we currently use mainly for exchanging cat photos and streaming videos, the Internet. That too is finally free.
What happens to luxury goods that are limited?
To do this, we must first ask why there are luxury goods. People don’t have the natural need to drive through the city in a 500 hp SUV. SUVs were developed because they could fill a gap in the market. The search for market niches is a typical process in the market economy in order to be able to increase sales. Nobody asked whether these vehicles are compatible with climate change and resource conservation, only profit counted.
If there is no money and consequently no profit can be made, one does not make an effort to awaken needs that are naturally not there. Who laboriously paves a road that leads to nowhere? I think that after a transition period, nobody will have the need for scarce luxury goods anymore, also because the social hierarchy is disappearing. In a society in which fraternal togetherness can develop freely, there is no need to have to stand out with external appearances. And this transition period will be so exciting and exciting that one can safely neglect the transition problem with luxury goods.
Our leisure behavior will change in two ways. Since the social ranking disappears because there is no “rich and poor” but solidarity with one another, we will also place less emphasis on external appearances. Instead of going to the shopping center, we deal with our hobbies. And nobody will push us to make new purchases through advertising.
Don’t we need another currency to exchange when the money is gone?
Imagine you go to a party and you want everyone to bring something. Do you take your salad with you to exchange it for the tiramisu? No. Everyone prepares something delicious without the intention of exchanging it for something else. That is the essence of voluntariness.
Some who think about this new society also call it the gift economy. We get the raw materials and the energy from the earth and the sun and then give them away. In the gift economy, you don’t need a substitute currency.
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