A. All major economic crises were caused by money
Economic economists are gamblers. They openly admit that if they try to manipulate the market they don’t know what will happen.
Their stakes are not theirs, they gamble with the money we all have to earn again later. Their stake is currently more than a trillion euros.
The better or worse of billions of people depends on their gambling. That will only stop when there is no more money.
B. Because there is need, just because people have no money although there is enough of everything
When something is scarce, money can be used to ensure that it is distributed fairly. In a situation of abundance, using money to prevent people from accessing essentials is illogically and unworthy.
An unimaginable amount of money is currently being made available to help people who are in need due to the Corona crisis.
But this is not about the areas that provide the goods to supply these people. These areas also work without assistance. Enough food, enough clothing, enough energy is produced. There is also enough living space. It’s just that the people who lose their jobs suddenly can’t pay for all of this anymore.
So why all this help when there is enough. We would just have to abolish money, then everyone would have access to the goods, even without the great efforts of politics.
C. Because a climate catastrophe threatens if something does not change quickly
For fifty years, experts from various disciplines from the Club of Rome have warned that the earth will be threatened if consumption continues to grow. However, consumption has not slowed down but has even increased threefold since then. People didn’t get any happier.
In the meantime, the forests are burning, the poles and glaciers are melting, the seas are polluted with plastic. But politicians shout “alarm” when growth slows.
The “invisible hand of the market” always finds a way to increase the consumption that the market needs to survive. Cosmetic changes in today’s economic system will not change anything because the market always finds a gap in order to be able to continue as before. We have to take the tool of the invisible hand, namely the money.
D. Because the gap between rich and poor is widening
This is a well known and accepted fact. This is mainly because our economics today is based on a teaching from the 18th century. From a time long before the French Revolution. With this teaching one tried to make the life of the people from the lower social class more bearable, despite the lack of everything. Because these principles of Adam Smith’s teaching are still applied in politics and business today, even though we live in abundance, there is this grotesque financial imbalance in the world. Adam Smith could not have imagined any limits to growth, let alone climate change.
When there is no more money, there is no longer any „rich“ or „poor“.
E. Because the evaluation of our “Time” is very contradictory
Why is the time you spend with your children much less financially valuable than the time someone sits at the computer speculating with money? The former is worthless and the latter is often rewarded with millions. Why is there any difference between getting paid for work and doing it voluntarily? Isn’t it much more important that the job gets done than that it gets paid? Only when the money is gone will we really be free.