The resource-based economy (RBE)
Whilst the term resource-based economy could just as easily apply to the localised gift economy I advocate, its now more commonly understood to be a high-technology, globalised version of a non-monetary economy. Proponents of such an economy include Peter Joseph of the phenomenally popular The Zeitgeist Movement (TZM)(38) and Jacques Fresco of The Venus Project (TVP),(39) two projects which up until 2011 had been strongly associated with each other.
Their central premise is that in order to enjoy what these members perceive to be a high standard of living, people dont need money, but instead resources such as food, water, minerals and other materials. In fact, they claim that monetary economics actually prevents the fair distribution of such necessities of life. Advocates of such a system argue that the world is abundant, and that all of its resources could be utilised much more wisely and shared equally amongst all of humanity, not just those with financial prowess. Fresco advocates using the high levels of technology that humans are capable of creating, but within a resource-focused, economic model in which built-in obsolescence(40) makes zero sense. It is an economic model in which machines do any job that can be automated, and are used not to replace human labour in a way that leads to unemployment and all the social implications of that, but instead to shorten the working day for all, meaning much more leisure time and complete and free access to all the resources of the Earth and the technologies that are produced. It is a design where human ingenuity is tapped to collectively create the most efficient and sustainable technologies based on best practice and highest quality, and not reduced by the pressures of the competitive market where duplication and waste are inherent and rife. The monetary economy, they argue, and again I agree, is based on scarcity, whereas a resource-based economy is based on collective abundance.
Much of this I find admirable, especially the intentions behind it. Peter Joseph,(41) in particular, is a fascinating man whose analysis of many of the major problems we face today is insightful and his courage and dedication in raising awareness of the destructive consequences of monetary economics is exemplary. Yet I feel that by aiming for a high technology, highly complex version of a non-monetary economy, both TZM and TVP are making their vision almost impossible to realise.
Why? Aside from the fact that high technology has proven to be entirely counter-productive to our sense of happiness and connection to local place and community, a point Ill explain a little further on, for it to happen would require the entire worlds nations to get on board before we could even begin to think about achieving such a grand plan, as many of the minerals and materials that would be used (to make all the high technology products that RBE proponents want) come from all over the planet oil from the Middle East, copper from China, minerals from Africa, rubber from South America. Unless all of these diverse countries and regions signed up to such an economic model and philosophical perspective, it would be unworkable. Considering the complexities of the world and its nations, politics, cultures, laws and religions that I outlined earlier, this is highly unrealistic.
With a localised economy, anyone can start living in the non-monetary economy fairly immediately without having to wait for the political and corporate leaders of the US, Iran, Namibia and Mexico to relinquish their control and unite with their entire populations under a new moneyless world order. Not that I am suggesting that TZM or TVP are advocating that we ask permission from our governments to start enacting elements of their vision they certainly arent, and again on that I agree.
Even if a unification of world ideologies was possible, within this version of a resource-based economy there seems to lie the assumption that advanced technologies make us happy. If this were true, why is it that in easily the most technologically advanced period of human history, humankind has never been more depressed? Ive no doubt proponents of a globalised non-monetary economy would point out that the reasons for our current unhappiness are much more complex than that, and theyd be right, they are. At the same time, it is widely documented that those who live in low technology societies, past and present, express stronger feelings of happiness, contentment and connection to community and place than those of us in the global West, who survive on a collective diet of quick-fix antidepressants, escapism and self-help gurus.
Research such as The Happy Planet Index(42) by the New Economics Foundation (NEF)(43) backs up much anecdotal evidence to that effect. I and many people I know have travelled the length and breadth of undeveloped countries (the only thing developing about them is their debts to the International Monetary Fund and their cronies) and have encountered people in every village and town much happier, and more generous with their time, food and material possessions, than the vast majority of people I encounter in the advanced country I live in. A twenty year study by Helena Norberg-Hodge(44) of the modernisation of the Ladakhi people, as documented by her film Ancient Futures Learning from Ladakh,(45) powerfully demonstrates the effect of technology and its potent ability to destroy the very fabric of our communities. In their experience, after modernisation they had many more time-saving gadgets, yet somehow much less time. The story has been the same everywhere, and we all have experienced this to some extent.
Having lived both a high and low technology life myself, I can unequivocally state that my physical, mental, spiritual and emotional health increased as the role of high technology in my life decreased and the degree to which my life was localised increased. I dont want my table to be made by a machine, I want to make it with my own hands, or at least by the hands of my friend. Using our hands is crucial to our well-being, our sense of creativity, our relationship with the land. The only argument for a high technology non-monetary economy would be if it enabled us, and the rest of life on Earth, to live happier, more meaningful and freer lives. I have yet to see any evidence of that being the case, whilst our history is littered with examples of the opposite.
I would also argue that the separation from the rest of Nature that such high technology would inevitably cause would further diminish the lack of understanding of ecology and natural cycles, while simultaneously heightening the trauma that we endure from having no interaction with Nature in its wildest states. This disconnection would lead to the very same problems we have today and the deluded sense of self that gives rise to them. If humanity has no daily relationship and intimate connection with the Earth, how can it develop any sense of interdependence with it, or care or respect for it?
That said, there is still much we could learn from both the philosophy and practical solutions proposed by RBE advocates, and it all adds into the mixing pot of new ways of viewing economics and how we meet our needs in a more caring, sustainable and life-affirming manner. It is certainly not my intention to be unjustly critical of high technology RBEs (as I have nothing but the utmost respect for many of its intentions and efforts), but instead to help refine our collective thinking and unite us to some cause that we can actually achieve to some meaningful extent in our lifetimes.
Pay-it-forward
Pay-it-forward is a beautiful idea, popularised by a Hollywood film of the same title. It is a perspective that when you do something for somebody, and they ask you what they can do to help you in return, you tell them not to pay you back, but instead to look out for an opportunity to pay the favour forward by doing something useful for someone else, possibly someone theyve never even met before. Whilst there is still the tiniest element of conditionality about it (i.e. a request has still been made), its the most generous, loving form of conditionality I know of.
Regardless of whether you want to start applying some of these ideas, to various degrees, in the inner city or the woods, there will be both internal and external challenges to overcome, and Ill examine these, along with proposing transition strategies to navigate them successfully, in chapter four. These challenges will take time to overcome however, even if you do want to fully live beyond the need for money. To help you make the transition, or to simply incorporate degrees of moneylessness into your life, Ive co-created a tool to help you: the Progression of Principles (POP) model.
See more here:
Resource-based economy and pay-it-forward | The Moneyless ...
- Resource Based Economy | The Venus Project [Last Updated On: March 26th, 2016] [Originally Added On: March 26th, 2016]
- About RBE | THE RESOURCE BASED abundance ECONOMY [Last Updated On: March 26th, 2016] [Originally Added On: March 26th, 2016]
- resource-based view - Create Advantage [Last Updated On: June 12th, 2016] [Originally Added On: June 12th, 2016]
- The Venus Project [Last Updated On: July 5th, 2016] [Originally Added On: July 5th, 2016]
- Resource Based Economy | The Future We Want [Last Updated On: July 5th, 2016] [Originally Added On: July 5th, 2016]
- 4. Resource efficiency and the low-carbon economy ... [Last Updated On: July 25th, 2016] [Originally Added On: July 25th, 2016]
- circular economy news, closed loop, resource efficiency [Last Updated On: August 2nd, 2016] [Originally Added On: August 2nd, 2016]
- Will a Resource Based Economy Work? [Last Updated On: August 6th, 2016] [Originally Added On: August 6th, 2016]
- The Informal Economy and Decent Work: A Policy Resource ... [Last Updated On: August 30th, 2016] [Originally Added On: August 30th, 2016]
- Sustainability - Wikipedia, the free encyclopedia [Last Updated On: September 6th, 2016] [Originally Added On: September 6th, 2016]
- Economy - Wikipedia, the free encyclopedia [Last Updated On: September 8th, 2016] [Originally Added On: September 8th, 2016]
- Resource Based Economy Anonymous Medium [Last Updated On: November 16th, 2016] [Originally Added On: November 16th, 2016]
- Recruitment - Wikipedia [Last Updated On: January 26th, 2017] [Originally Added On: January 26th, 2017]
- A Resource Based Economy - worldsocialism.org [Last Updated On: January 29th, 2017] [Originally Added On: January 29th, 2017]
- Attention economy - Wikipedia [Last Updated On: February 1st, 2017] [Originally Added On: February 1st, 2017]
- From Amcor to Dow to Veolia, what the 'New Plastics Economy' means - GreenBiz [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Trump's Flawed Logic Regarding US-Mexico Relations - Fair Observer [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Economic freedom achievable through knowledge based economy, innovative technical skill development - President - Asian Tribune [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Younger generation inheritors of knowledge-based economy: President - Lanka Business Online [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Kevin Gallagher's The China Triangle - Daily Times [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Thunder Bay's population experiencing low growth - Tbnewswatch.com [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Can Russia project power while battered by economic woes? - Asia Times [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Substantial investment in agriculture needed to ensure enough food for all - Daily Nation [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- When will Russia finally break its 'resource curse'? | Russia Direct - Russia Direct [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- TEA & TWO SLICES | On Giant Snow Penises And Christy Clark's Shudder-Worthy Interview - Scout Magazine (blog) [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- The 'Dutch disease' reexamined: Resource booms can benefit the wider economy - USAPP American Politics and Policy (blog) [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- Siemens backs Qatar''s economic ambitions with innovation - MENAFN.COM [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- Charles Lawton: Here's a proposal to create real equality of job opportunity - Press Herald [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- India can't write-off coal-based energy so soon: World Coal Association - Economic Times [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- Financially empowering urban local bodies, and holding them accountable - Economic Times (blog) [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- 10th Biennial Nehalem Bay Estuary Cleanup set - Tillamook Headlight-Herald [Last Updated On: February 17th, 2017] [Originally Added On: February 17th, 2017]
- Howard gives Barnett a hand on hustings - The West Australian [Last Updated On: February 18th, 2017] [Originally Added On: February 18th, 2017]
- Balanced fiscal plan, stable taxes needed - Fairbanks Daily News-Miner [Last Updated On: February 19th, 2017] [Originally Added On: February 19th, 2017]
- Kentucky Main Street Program Communities Contributed $110M to State Economy in 2016 - WMKY [Last Updated On: February 20th, 2017] [Originally Added On: February 20th, 2017]
- Forging a new consensus for the future economy - The Straits Times [Last Updated On: February 22nd, 2017] [Originally Added On: February 22nd, 2017]
- Steve Robitaille: Removing dam would revitalize economy - Gainesville Sun [Last Updated On: February 22nd, 2017] [Originally Added On: February 22nd, 2017]
- The difference between Malcolm Turnbull and Justin Trudeau - The Australian Financial Review [Last Updated On: February 22nd, 2017] [Originally Added On: February 22nd, 2017]
- DENIM SPIRIT: An economy based on abundance - Finger Lakes Times [Last Updated On: February 23rd, 2017] [Originally Added On: February 23rd, 2017]
- The Venus Project Plans to Bring Humanity to the Next Stage of Social Evolution. Here's How. - Futurism [Last Updated On: February 23rd, 2017] [Originally Added On: February 23rd, 2017]
- Best returns since 1900? Resource based countries, including Canada, lead the way - Financial Post [Last Updated On: February 23rd, 2017] [Originally Added On: February 23rd, 2017]
- Government of Myanmar unveils new plan to protect marine wildlife and resources - Phys.Org [Last Updated On: February 24th, 2017] [Originally Added On: February 24th, 2017]
- Energy as a Model for US-Mexico Economic Partnership - RealClearEnergy [Last Updated On: February 24th, 2017] [Originally Added On: February 24th, 2017]
- Science and Technology: Minister says FG will harness natural ... - Pulse Nigeria [Last Updated On: February 24th, 2017] [Originally Added On: February 24th, 2017]
- Event promotes innovation and technology expansion - News - Castlegar News [Last Updated On: February 24th, 2017] [Originally Added On: February 24th, 2017]
- Economic growth projected for Saskatchewan in 2017 | Regina ... - Regina Leader-Post [Last Updated On: February 24th, 2017] [Originally Added On: February 24th, 2017]
- Steve Robitaille: Removing Rodman dam would boost economy - Ocala [Last Updated On: February 26th, 2017] [Originally Added On: February 26th, 2017]
- The future of WA's economy: Life beyond mining - WAtoday [Last Updated On: February 26th, 2017] [Originally Added On: February 26th, 2017]
- Verdant Zeal set to celebrate decade of providing media solutions - Guardian [Last Updated On: February 28th, 2017] [Originally Added On: February 28th, 2017]
- Lessons from Canada's scientific resistance - Bulletin of the Atomic Scientists [Last Updated On: February 28th, 2017] [Originally Added On: February 28th, 2017]
- St Ann can do better Earl Jarrett - Jamaica Gleaner [Last Updated On: February 28th, 2017] [Originally Added On: February 28th, 2017]
- Firm canvasses technology strategy - The Nation Newspaper [Last Updated On: March 4th, 2017] [Originally Added On: March 4th, 2017]
- Mandryk: Next Saskatchewan boom needs to be from our heritage fund - Regina Leader-Post [Last Updated On: March 4th, 2017] [Originally Added On: March 4th, 2017]
- Bank of Canada channels Al Gore - Toronto Sun [Last Updated On: March 4th, 2017] [Originally Added On: March 4th, 2017]
- Australia's economy is on a 25-year winning streak, and China will determine how much longer it goes - Quartz [Last Updated On: March 4th, 2017] [Originally Added On: March 4th, 2017]
- Nehalem Bay Estuary Cleanup - North Coast Citizen [Last Updated On: March 6th, 2017] [Originally Added On: March 6th, 2017]
- State's high-tech hits $1 billion economic milestone - Daily Inter Lake [Last Updated On: March 7th, 2017] [Originally Added On: March 7th, 2017]
- Prime Minister Trudeau, no fan of the middle class - Hill Times (subscription) [Last Updated On: March 7th, 2017] [Originally Added On: March 7th, 2017]
- Prime Minister Trudeau, no fan of the middle class - The Hill Times ... - Hill Times (subscription) [Last Updated On: March 8th, 2017] [Originally Added On: March 8th, 2017]
- Pipelines to be a 'fundamental' issue for NDP leadership race: Julian - Hill Times (subscription) [Last Updated On: March 8th, 2017] [Originally Added On: March 8th, 2017]
- Finally, Democrats Have A Pro Wrestler In Their Corner - Huffington Post [Last Updated On: March 9th, 2017] [Originally Added On: March 9th, 2017]
- WA election: Death threats, One Nation legal action, stadium stoush campaign trail action - ABC Online [Last Updated On: March 10th, 2017] [Originally Added On: March 10th, 2017]
- WA election: Labor outlines campaign costings and debt reduction ... - ABC Online [Last Updated On: March 10th, 2017] [Originally Added On: March 10th, 2017]
- Russia, Israeli firm agree to invest $100 mln in Russia's dairy industry - Reuters [Last Updated On: March 10th, 2017] [Originally Added On: March 10th, 2017]
- Jobs, education focus of Gov. Brown's Prineville visit - KTVZ [Last Updated On: March 10th, 2017] [Originally Added On: March 10th, 2017]
- Maine deserves a chance to capitalize on the North Woods monument - Bangor Daily News [Last Updated On: March 10th, 2017] [Originally Added On: March 10th, 2017]
- MAN, RMRDC, others to promote resource-based MSMEs,funding - The Nation Newspaper [Last Updated On: March 10th, 2017] [Originally Added On: March 10th, 2017]
- HIKE NETARTS BAYOCEAN SPIT - North Coast Citizen [Last Updated On: March 11th, 2017] [Originally Added On: March 11th, 2017]
- Jobs versus or for the environment? - Budgeeter News [Last Updated On: March 11th, 2017] [Originally Added On: March 11th, 2017]
- We are taking steps to overhaul economy through knowledge-based ... - TheNewsGuru (satire) (press release) (blog) [Last Updated On: March 11th, 2017] [Originally Added On: March 11th, 2017]
- Art of Growing Oysters in Tillamook County offers FREE tour of ... - North Coast Citizen [Last Updated On: March 17th, 2017] [Originally Added On: March 17th, 2017]
- Onu: Diversification into Agriculture, Solid Minerals Can't Take ... - THISDAY Newspapers [Last Updated On: March 17th, 2017] [Originally Added On: March 17th, 2017]
- Singapore provides an example for the UAE to match - The National [Last Updated On: March 19th, 2017] [Originally Added On: March 19th, 2017]
- Will the Gig Economy Make the Office Obsolete? - Harvard Business Review [Last Updated On: March 19th, 2017] [Originally Added On: March 19th, 2017]
- ICT can sustain Nigeria's economy- Adebayo Shittu - Vanguard [Last Updated On: March 19th, 2017] [Originally Added On: March 19th, 2017]
- There's no doubt: Walls need to stay down - Bonner County Daily Bee [Last Updated On: March 21st, 2017] [Originally Added On: March 21st, 2017]
- How the City of Shawinigan reinvented itself as a smart city - IT World Canada [Last Updated On: March 21st, 2017] [Originally Added On: March 21st, 2017]
- ICT can sustain Nigeria's economy, says minister - Daily Trust [Last Updated On: March 21st, 2017] [Originally Added On: March 21st, 2017]
- Viewpoint: What kind of budget? - Saskatoon StarPhoenix [Last Updated On: March 21st, 2017] [Originally Added On: March 21st, 2017]
- Taxes impact Saskatchewan across the board as spending gets cut to combat deficit - Regina Leader-Post [Last Updated On: March 23rd, 2017] [Originally Added On: March 23rd, 2017]
- John Ivison: The Liberals may have slowed their spending, but their spin is relentless - National Post [Last Updated On: March 23rd, 2017] [Originally Added On: March 23rd, 2017]