1 00:00:00,050 --> 00:00:02,585 Hello, my name is Peter Joseph and welcome to 2 00:00:02,725 --> 00:00:05,654 'Introduction to a Resource-Based Economy'. 3 00:00:05,794 --> 00:00:08,246 The goal of the following brief presentation is to outline 4 00:00:08,386 --> 00:00:12,358 the basic train of thought that arrives at this new economic model 5 00:00:12,498 --> 00:00:14,758 which is based not on the movement of money 6 00:00:14,898 --> 00:00:18,022 but rather the intelligent management of the Earth's resources 7 00:00:18,162 --> 00:00:20,523 drawing inference from the physical world 8 00:00:20,663 --> 00:00:24,018 as to the most efficient, strategic and sustainable method 9 00:00:24,158 --> 00:00:27,237 for meeting the needs of the human population. 10 00:00:27,667 --> 00:00:30,150 In the world today, societal decisions are essentially 11 00:00:30,300 --> 00:00:32,950 the responsibility of individuals or groups 12 00:00:33,100 --> 00:00:36,362 within the arena of politics or business; 13 00:00:36,502 --> 00:00:38,836 in fact, one could note that politics and business 14 00:00:38,976 --> 00:00:43,000 are the governing group entities of the social order as we know it. 15 00:00:43,140 --> 00:00:44,893 And as history has shown 16 00:00:45,033 --> 00:00:47,778 whenever anything goes wrong on the societal level 17 00:00:47,918 --> 00:00:50,470 the tendency is for one group or a sub-group 18 00:00:50,611 --> 00:00:53,652 to simply impose blame on another. 19 00:00:53,792 --> 00:00:57,144 The left will blame the right, the Conservatives will blame the Liberals 20 00:00:57,284 --> 00:01:00,956 a new administration will blame an old administration, etc. 21 00:01:01,096 --> 00:01:03,572 Yet rarely do we hear any criticism 22 00:01:03,712 --> 00:01:07,165 of the foundation of the social operation itself; 23 00:01:07,305 --> 00:01:10,558 it appears to simply be presupposed by most. 24 00:01:10,698 --> 00:01:13,804 In other words, the culture seems to unconditionally accept 25 00:01:13,944 --> 00:01:16,810 the socioeconomic paradigm without question 26 00:01:16,950 --> 00:01:19,438 and politics and business are assumed to be 27 00:01:19,578 --> 00:01:22,050 a natural human state of affairs. 28 00:01:22,594 --> 00:01:26,462 Even in a world of growing unemployment, growing poverty 29 00:01:26,602 --> 00:01:31,046 growing mental health disorders, drug abuse, raw resource depletion 30 00:01:31,186 --> 00:01:34,950 overall environmental degradation, violence and war propensities 31 00:01:35,100 --> 00:01:37,142 systemic global debt defaults 32 00:01:37,282 --> 00:01:40,310 accelerated inflation, atmospheric destabilization 33 00:01:40,450 --> 00:01:42,956 and many other social and ecological problems 34 00:01:43,096 --> 00:01:45,321 - too numerous to name at this stage - 35 00:01:45,461 --> 00:01:48,507 there still exists a general refusal to consider that 36 00:01:48,647 --> 00:01:53,337 maybe the socioeconomic system itself could be at fault. 37 00:01:53,477 --> 00:01:56,467 What if the very game we play is really the problem? 38 00:01:56,607 --> 00:01:59,570 What if the very nature of the dominant institutions 39 00:01:59,710 --> 00:02:02,340 and methods of our time are actually creating 40 00:02:02,480 --> 00:02:05,700 and reinforcing certain behavioral tendencies 41 00:02:05,840 --> 00:02:09,762 which are (to put it simply) unsustainable and destructive 42 00:02:09,902 --> 00:02:11,777 yet we simply don't see it? 43 00:02:11,917 --> 00:02:13,476 As time has moved forward with the 44 00:02:13,616 --> 00:02:15,988 exponential increase of human knowledge 45 00:02:16,128 --> 00:02:19,886 we've seen a natural erosion of various forms of superstition 46 00:02:20,026 --> 00:02:23,474 and provably non-progressive social practices. 47 00:02:23,614 --> 00:02:28,049 We are slowly inching into a true age of reason 48 00:02:28,189 --> 00:02:32,828 which recognizes that there are indeed proven governing natural laws 49 00:02:32,968 --> 00:02:35,466 with direct physical reference 50 00:02:35,606 --> 00:02:39,004 and that this method of thought, which we can term scientific 51 00:02:39,144 --> 00:02:43,193 allows us to extrapolate viable approaches to our conduct 52 00:02:43,333 --> 00:02:47,150 which almost virtually guarantee a tangible return 53 00:02:47,290 --> 00:02:49,535 - if of course properly assessed. 54 00:02:49,999 --> 00:02:52,339 This 'Scientific Inference' 55 00:02:52,479 --> 00:02:56,881 is what has produced the vast technology we see around us 56 00:02:57,021 --> 00:02:59,443 from airplanes to life-saving medicine 57 00:02:59,583 --> 00:03:02,570 to even our understanding of the universe itself. 58 00:03:02,710 --> 00:03:07,150 Simply put, science is an approach to our comprehension of the world 59 00:03:07,289 --> 00:03:09,309 and ourselves, guiding us 60 00:03:09,450 --> 00:03:13,688 to the closest approximation of reality as we could possibly have. 61 00:03:13,828 --> 00:03:15,846 And of course while we all see the obvious fruits 62 00:03:15,986 --> 00:03:18,897 of this method of thought and its vast applications 63 00:03:19,037 --> 00:03:21,317 there is however still one area 64 00:03:21,457 --> 00:03:25,960 which stands virtually untouched by the scientific methodology: 65 00:03:26,288 --> 00:03:28,464 our Social System. 66 00:03:28,890 --> 00:03:31,664 In this context we appear to be stuck in time 67 00:03:31,804 --> 00:03:34,677 using antiquated traditionalized practices 68 00:03:34,817 --> 00:03:37,530 which show clear signs of deficiency. 69 00:03:37,850 --> 00:03:39,353 For instance: 70 00:03:39,493 --> 00:03:43,476 we give dictatorial powers to politicians and political parties 71 00:03:43,616 --> 00:03:47,561 under the guise of something we label 'Democracy' 72 00:03:47,701 --> 00:03:51,743 - politicians who on average clearly have no education or training 73 00:03:51,883 --> 00:03:55,394 in the technical affairs of social organization. 74 00:03:55,765 --> 00:04:00,322 In a world where one child unnecessarily dies every five seconds 75 00:04:00,462 --> 00:04:02,669 from poverty and deprivation 76 00:04:02,809 --> 00:04:06,550 many look to government institutions for resolution 77 00:04:06,750 --> 00:04:09,546 not really considering the scientific reality 78 00:04:09,886 --> 00:04:12,248 that feeding and caring for the people of the world 79 00:04:12,388 --> 00:04:14,239 is not a political issue. 80 00:04:14,379 --> 00:04:15,903 It is a technical one 81 00:04:16,043 --> 00:04:19,950 resolvable by simple resource management and allocation 82 00:04:20,100 --> 00:04:24,182 and the intelligent and strategic application of technology. 83 00:04:24,501 --> 00:04:28,757 Likewise, we have these things we call corporations or businesses 84 00:04:28,897 --> 00:04:31,966 which are able to arbitrarily claim property 85 00:04:32,106 --> 00:04:34,950 of the finite natural resources of this planet - 86 00:04:35,100 --> 00:04:37,547 resources we all need. 87 00:04:37,687 --> 00:04:41,858 They utilize those resources for the betterment of an isolated group 88 00:04:41,998 --> 00:04:47,234 through a self-interest-based system we call free-market exchange. 89 00:04:47,720 --> 00:04:49,701 In fact, when it comes down to it 90 00:04:49,841 --> 00:04:52,300 the message of this system is quite clear: 91 00:04:52,450 --> 00:04:56,790 either you submit to this game of differential advantage and self-interest 92 00:04:56,930 --> 00:05:00,431 or you simply do not deserve the right to live. 93 00:05:00,571 --> 00:05:03,759 You must earn your right to life on this planet, if you will 94 00:05:03,899 --> 00:05:08,929 which, to a thinking mind, is clearly a pseudo-totalitarian construct 95 00:05:09,069 --> 00:05:13,436 to perpetuate one group or class over another. 96 00:05:13,949 --> 00:05:17,532 Yet again, this inhumanity goes unnoticed 97 00:05:17,672 --> 00:05:20,119 for it is structurally built in. 98 00:05:20,259 --> 00:05:23,345 We are born into this system and we are groomed to think 99 00:05:23,485 --> 00:05:26,568 it is a natural fact, an empirical way of life... 100 00:05:26,708 --> 00:05:28,600 Just as if years ago perhaps you were 101 00:05:28,740 --> 00:05:31,632 born into a society as an abject slave 102 00:05:31,772 --> 00:05:34,586 since you have never been exposed to anything contrary 103 00:05:34,726 --> 00:05:37,661 you might even believe that you are supposed to be a slave 104 00:05:37,801 --> 00:05:41,699 as though it is again a natural order of reality. 105 00:05:42,738 --> 00:05:47,850 And if we couple that fact with a monetary system based explicitly on debt 106 00:05:48,000 --> 00:05:51,909 which, unannounced to most, mathematically guarantees 107 00:05:52,049 --> 00:05:56,670 that a subclass of the human population will always be deprived 108 00:05:56,810 --> 00:05:58,798 we begin to see that we live in an 109 00:05:58,938 --> 00:06:02,200 advanced variation of feudalism and nothing more. 110 00:06:02,340 --> 00:06:04,756 It is technically impossible for everyone to 111 00:06:04,896 --> 00:06:07,504 have their needs met in the current system. 112 00:06:07,644 --> 00:06:10,248 The economic game of differential advantage 113 00:06:10,388 --> 00:06:15,166 simply isn't designed to allow everyone to live and prosper. 114 00:06:15,306 --> 00:06:20,013 It is a win-lose system, regardless of the state of the natural world 115 00:06:20,153 --> 00:06:23,876 and what we are able to produce and technically accomplish. 116 00:06:24,480 --> 00:06:28,554 Put succinctly, our economic system is completely decoupled 117 00:06:28,694 --> 00:06:31,074 from natural processes of the physical world 118 00:06:31,214 --> 00:06:34,194 a characteristic which can only lead to further problems 119 00:06:34,334 --> 00:06:37,181 if a radical shift away from these outdated assumptions 120 00:06:37,321 --> 00:06:39,323 is not commenced. 121 00:06:39,781 --> 00:06:42,593 So, let's now take a large step back 122 00:06:42,733 --> 00:06:44,790 putting aside everything that we might have been taught 123 00:06:44,930 --> 00:06:49,423 about our social constructs and consider the following question: 124 00:06:49,962 --> 00:06:54,138 What are the immutable foundations of human health and prosperity 125 00:06:54,278 --> 00:06:56,990 and how do we construct a system which meets those needs 126 00:06:57,130 --> 00:06:59,549 for the entire human population 127 00:06:59,689 --> 00:07:02,933 - understanding of course, we live on a finite planet - 128 00:07:03,073 --> 00:07:06,465 while ensuring the sustainability of this habitat 129 00:07:06,605 --> 00:07:08,809 for future generations? 130 00:07:08,949 --> 00:07:11,655 To answer this question we need to first consider the issue 131 00:07:11,795 --> 00:07:13,780 of human need itself. 132 00:07:13,930 --> 00:07:17,928 For eons now, philosophers have contemplated the nature of mankind 133 00:07:18,068 --> 00:07:21,800 trying to find those 'human universals' we all share. 134 00:07:21,995 --> 00:07:25,590 This of course, is an ongoing debate with many speculations 135 00:07:25,730 --> 00:07:28,620 yet when it comes to the arena of human needs 136 00:07:28,760 --> 00:07:32,286 we do find a virtually universal set of commonalities 137 00:07:32,426 --> 00:07:34,575 amongst the entire species. 138 00:07:34,715 --> 00:07:37,315 Needless to say, if we do not get proper nutrition 139 00:07:37,455 --> 00:07:40,250 food, air and water we will cease to exist over time. 140 00:07:40,400 --> 00:07:44,305 If we are exposed to substances which are chemically toxic to our biology 141 00:07:44,445 --> 00:07:48,300 such as ingesting mercury or the like, we will likely get very sick. 142 00:07:48,440 --> 00:07:51,004 If we suffer serious vitamin deficiency as a child 143 00:07:51,144 --> 00:07:55,377 there is a predictable detrimental outcome for one's personal health 144 00:07:55,517 --> 00:07:58,691 such as stunted growth or immunity problems. 145 00:07:58,831 --> 00:08:01,851 But as human sciences have progressed we find that 146 00:08:01,991 --> 00:08:06,703 human needs do not stop at this basic, commonly observed level. 147 00:08:07,219 --> 00:08:10,685 Humans are bio-psycho-social organisms 148 00:08:10,825 --> 00:08:14,162 meaning we are affected by our environment symbiotically 149 00:08:14,302 --> 00:08:17,499 in many subtle and often complex ways. 150 00:08:17,639 --> 00:08:20,300 For instance, if a mother in the late stages of pregnancy 151 00:08:20,440 --> 00:08:22,626 suffers extreme emotional stress 152 00:08:22,766 --> 00:08:25,583 flooding her system with cortisol (a stress hormone) 153 00:08:25,723 --> 00:08:27,807 the nervous system of that unborn child 154 00:08:27,947 --> 00:08:30,210 could be predictably compromised 155 00:08:30,350 --> 00:08:33,000 in a negative way for the rest of his or her life 156 00:08:33,140 --> 00:08:35,470 for the fetus itself technically is learning 157 00:08:35,620 --> 00:08:38,374 about what the world is going to be like. 158 00:08:38,514 --> 00:08:41,872 This also goes for infancy and early childhood as well 159 00:08:42,012 --> 00:08:45,047 a critical developmental period where the organism is literally 160 00:08:45,187 --> 00:08:47,287 being programmed or adapted 161 00:08:47,427 --> 00:08:50,034 to the possible nature of the world they exist in - 162 00:08:50,174 --> 00:08:52,730 an impression which has been found to carry over 163 00:08:52,870 --> 00:08:56,664 for the entire life of that person in many ways. 164 00:08:57,185 --> 00:08:59,135 And if that critical period is met with 165 00:08:59,275 --> 00:09:01,681 negative stress, suffering and pain 166 00:09:01,821 --> 00:09:04,520 that child's development could possibly evolve 167 00:09:04,667 --> 00:09:07,424 into predictable tendencies of behavior 168 00:09:07,564 --> 00:09:12,950 including propensities for addictions and violence in later life. 169 00:09:13,577 --> 00:09:16,008 The point here with respect to human need 170 00:09:16,148 --> 00:09:19,396 is that the physical, mental and emotional health of a person 171 00:09:19,536 --> 00:09:23,117 can no longer be considered an isolated or temporal affair. 172 00:09:23,257 --> 00:09:25,620 We are socially and environmentally connected 173 00:09:25,760 --> 00:09:28,222 in a very real and multi-faceted way 174 00:09:28,362 --> 00:09:30,910 and if our intent as a society is to produce 175 00:09:31,040 --> 00:09:34,472 psychologically and physically balanced human beings 176 00:09:34,612 --> 00:09:38,413 the whole of society must be designed to meet those needs - 177 00:09:38,553 --> 00:09:41,277 not to mention adapt as our understandings change 178 00:09:41,417 --> 00:09:43,300 and knowledge progresses. 179 00:09:44,090 --> 00:09:46,664 So public health in the broad view 180 00:09:46,804 --> 00:09:51,255 is really the ultimate measure of the performance of any social system 181 00:09:51,395 --> 00:09:53,463 along with of course, the intelligent 182 00:09:53,603 --> 00:09:55,896 sustainable management of the earth 183 00:09:56,036 --> 00:09:58,950 which provides the core resources we need 184 00:09:59,100 --> 00:10:02,031 coupled as well with a social arrangement 185 00:10:02,171 --> 00:10:05,644 which is actually conducive for a healthy individual 186 00:10:05,784 --> 00:10:11,398 to prosper and hence the health of society itself and its progress. 187 00:10:12,950 --> 00:10:15,394 So given this basic understanding 188 00:10:15,534 --> 00:10:18,100 how do go about designing a society that actually 189 00:10:18,240 --> 00:10:20,113 supports the human species 190 00:10:20,253 --> 00:10:23,268 while maintaining environmental balance? 191 00:10:23,408 --> 00:10:27,200 This brings us to the concept of a Resource-Based Economy. 192 00:10:27,420 --> 00:10:29,900 A Resource-Based Economy is a direct response 193 00:10:30,050 --> 00:10:33,446 to this natural, physical, scientific understanding 194 00:10:33,586 --> 00:10:36,800 inferentially derived to calculate how to best meet 195 00:10:36,900 --> 00:10:40,943 the spectrum of human needs in the most efficient and sustainable way; 196 00:10:41,083 --> 00:10:43,940 taking into account what actually supports us 197 00:10:44,080 --> 00:10:46,734 which again, is the symbiotic relationship 198 00:10:46,874 --> 00:10:50,757 of this delicate, providing biosphere we all share. 199 00:10:51,160 --> 00:10:53,350 From there we are able to arrange society 200 00:10:53,499 --> 00:10:56,596 with very little need for human opinion 201 00:10:56,736 --> 00:10:59,530 if of course our collective goal is to maximize 202 00:10:59,670 --> 00:11:03,028 our sustainability and economic efficiency. 203 00:11:03,408 --> 00:11:08,227 The system that we describe is self-generating; it is self-evident 204 00:11:08,367 --> 00:11:10,820 once these parameters are assumed. 205 00:11:10,960 --> 00:11:13,307 There are three dominant economic considerations 206 00:11:13,447 --> 00:11:15,441 which need to be considered immediately: 207 00:11:15,581 --> 00:11:20,975 Resource Accounting, Dynamic Equilibrium and Strategic Design. 208 00:11:21,853 --> 00:11:23,634 As far as resource accounting: 209 00:11:23,774 --> 00:11:26,553 we live in a virtually closed planetary biosphere 210 00:11:26,693 --> 00:11:29,850 with a set of mostly finite resources at our disposal. 211 00:11:30,000 --> 00:11:32,625 Given this reality the logic becomes quite clear 212 00:11:32,765 --> 00:11:34,327 as to our responsilbility 213 00:11:34,467 --> 00:11:37,546 if we wish to allow our habitat to sustain itself 214 00:11:37,686 --> 00:11:39,382 for future generations 215 00:11:39,522 --> 00:11:41,842 and meet the needs of the current population. 216 00:11:41,982 --> 00:11:44,242 We must organize and account. 217 00:11:44,382 --> 00:11:47,739 Proper economic resource allocation really can not be made 218 00:11:47,879 --> 00:11:50,560 unless we have a clear understanding of what we have 219 00:11:50,700 --> 00:11:53,570 and where it is in a complete unified way. 220 00:11:53,710 --> 00:11:56,554 Eventually this understanding will lead to what we could call 221 00:11:56,694 --> 00:11:58,833 the 'Carrying Capacity of the Earth' 222 00:11:58,973 --> 00:12:01,535 which is very important information. 223 00:12:01,675 --> 00:12:04,259 But this accounting of course, is only the first step; 224 00:12:04,399 --> 00:12:07,444 we also need to track the rates of change and regeneration 225 00:12:07,584 --> 00:12:09,242 where applicable. 226 00:12:09,382 --> 00:12:12,641 Here we have what we call 'Dynamic Equilibrium'. 227 00:12:12,781 --> 00:12:16,384 The classic example of this issue today is deforestation. 228 00:12:16,524 --> 00:12:19,111 Trees have a natural growth rate and cycle 229 00:12:19,251 --> 00:12:22,950 and if our use of wood exceeds the rates of natural regeneration 230 00:12:23,090 --> 00:12:25,527 - which is of course the case today unfortunately - 231 00:12:25,667 --> 00:12:29,496 we have a problem. For it is, by definition, unsustainable. 232 00:12:29,636 --> 00:12:32,015 Remember, the monetary market model 233 00:12:32,155 --> 00:12:34,758 requires as much consumption as possible 234 00:12:34,898 --> 00:12:39,249 to keep the growing population employed and the economy operational. 235 00:12:39,389 --> 00:12:42,803 This is of course, simply Eco-cidal. 236 00:12:42,943 --> 00:12:47,611 Remember, a core requirement of a true economy is to economize 237 00:12:47,751 --> 00:12:50,114 or be strategically efficient and conservative. 238 00:12:50,254 --> 00:12:54,150 Today we live in what could be called an 'anti-economy' 239 00:12:54,608 --> 00:12:57,503 and this leads us to Strategic Design. 240 00:12:57,643 --> 00:12:59,874 Efficiently meeting the spectrum of human needs 241 00:13:00,014 --> 00:13:02,192 on a finite planet in a sustainable way 242 00:13:02,332 --> 00:13:05,900 means resource allocation must be optimized strategically 243 00:13:06,050 --> 00:13:08,014 and of course, conservatively. 244 00:13:08,154 --> 00:13:12,390 Today this is, not done - or you could say, 'haphazardly done' 245 00:13:12,530 --> 00:13:15,361 through arbitrary monetary realizations. 246 00:13:15,501 --> 00:13:19,050 It is about what could be afforded by the producer and hence the consumer 247 00:13:19,200 --> 00:13:24,081 not what the most scientifically efficient and strategic usage actually is. 248 00:13:24,221 --> 00:13:26,980 Not to mention the issue of longevity of a given good 249 00:13:27,120 --> 00:13:30,879 and the method to be used for its eventual breakdown, hence recycling. 250 00:13:31,019 --> 00:13:35,128 All of these elements need to be considered in the initial design 251 00:13:35,268 --> 00:13:39,553 without the interference of the market system and cost efficiency 252 00:13:39,693 --> 00:13:44,235 which serve as inhibitors to sustainable design. 253 00:13:45,425 --> 00:13:49,401 Again, an economy is about increasing efficiency at all times. 254 00:13:49,541 --> 00:13:52,252 It is about doing what is most scientifically correct 255 00:13:52,392 --> 00:13:54,794 not what some company can afford in order to 256 00:13:54,934 --> 00:13:57,138 remain competitive in the market model. 257 00:13:57,278 --> 00:14:00,010 We need strategic accounting, allocation and design 258 00:14:00,150 --> 00:14:03,066 as derived from proven technical parameters 259 00:14:03,206 --> 00:14:06,857 that assure maximum efficiency and sustainability. 260 00:14:06,997 --> 00:14:10,488 Anything less is simply negligence. 261 00:14:10,950 --> 00:14:15,222 So, Resource Accounting, Dynamic Equilibrium, Strategic Design 262 00:14:15,362 --> 00:14:20,032 set the basic underlay for this resource-based economic model. 263 00:14:20,172 --> 00:14:22,876 So let's now continue this inference... 264 00:14:23,016 --> 00:14:25,684 Building upon these we can then arrive at the following 265 00:14:25,824 --> 00:14:28,630 more specific organizational points: 266 00:14:28,770 --> 00:14:32,550 1 - We need to move from a growth to a steady-state economy. 267 00:14:32,700 --> 00:14:36,950 Dynamic Equilibrium simply cannot be maintained in a growth economy 268 00:14:37,100 --> 00:14:41,770 for constant growth is literally impossible on a finite planet. 269 00:14:42,015 --> 00:14:46,173 2 - We need a collaborative system, not a competitive one. 270 00:14:46,313 --> 00:14:48,868 Strategic design cannot be fulfilled 271 00:14:49,008 --> 00:14:51,341 when cost efficiency is in play. 272 00:14:51,481 --> 00:14:55,497 In fact quite simply, monetary efficiency is inverse 273 00:14:55,637 --> 00:14:58,283 to technological efficiency. 274 00:14:58,777 --> 00:15:02,565 3 - We need a planned, designed system. 275 00:15:02,705 --> 00:15:06,210 a system designed to take into account resource allocation 276 00:15:06,350 --> 00:15:10,000 Dynamic Equilibrium and Strategic Design explicitly. 277 00:15:10,140 --> 00:15:14,310 The dispersed, haphazard corporate system does not even come close 278 00:15:14,450 --> 00:15:19,280 and the lack of efficiency and waste is simply, unacceptable. 279 00:15:19,842 --> 00:15:24,320 4 - Automation is put before human labor on all levels. 280 00:15:24,460 --> 00:15:27,668 This falls under the component of Strategic Design once again. 281 00:15:27,808 --> 00:15:32,160 Not only do we design consumer goods to be as efficient as they can be 282 00:15:32,300 --> 00:15:34,880 but the very design of the production methods themselves 283 00:15:35,020 --> 00:15:38,677 to produce these goods, needs to be equally as strategic 284 00:15:38,817 --> 00:15:41,950 to maximize accuracy and output. 285 00:15:42,350 --> 00:15:44,390 Unannounced to many, productivity is now 286 00:15:44,530 --> 00:15:46,988 inverse to employment in most sectors studied 287 00:15:47,128 --> 00:15:50,430 which means it is socially irresponsible not to automate 288 00:15:50,570 --> 00:15:53,376 for it can help us generate an abundance. 289 00:15:53,516 --> 00:15:57,587 And 5 - We move from a system of property to a system of access 290 00:15:57,727 --> 00:16:00,701 and hence the removal of monetary exchange itself. 291 00:16:00,841 --> 00:16:02,699 There is a very large difference between 292 00:16:02,839 --> 00:16:04,870 the current state of affairs today and 293 00:16:05,000 --> 00:16:07,943 the scarcity that was intrinsic in the past. 294 00:16:08,083 --> 00:16:10,300 We have advanced production technology now 295 00:16:10,450 --> 00:16:13,779 which can enable what you could term an access abundance 296 00:16:13,919 --> 00:16:16,415 or a system of resource allocation 297 00:16:16,555 --> 00:16:20,443 which could enable universal free access to goods and services 298 00:16:20,583 --> 00:16:23,990 without the need for anyone to use currency. 299 00:16:24,130 --> 00:16:27,799 Rather than having a property-based investment approach 300 00:16:27,939 --> 00:16:32,355 value approach, which requires hoarding and protection 301 00:16:32,495 --> 00:16:35,917 we design a system of interchangeable access 302 00:16:36,057 --> 00:16:39,936 like a rental or library system as we might see today. 303 00:16:40,353 --> 00:16:42,073 In a society where I, for example 304 00:16:42,213 --> 00:16:45,672 might drive my car for only a few hours a week at most 305 00:16:45,812 --> 00:16:47,685 does it really make efficient sense 306 00:16:47,825 --> 00:16:50,053 for me personally to store this vehicle 307 00:16:50,193 --> 00:16:54,450 where it will sit unused for probably 90% of the month? 308 00:16:55,027 --> 00:16:57,875 And if you extend that idea to the whole of the goods sector 309 00:16:58,015 --> 00:17:01,504 the realization is that we can actually reduce production 310 00:17:01,644 --> 00:17:06,080 create more efficiency, reduce the use of resources while 311 00:17:06,220 --> 00:17:10,683 counter-intuitively, simultaneously enabling more access 312 00:17:10,823 --> 00:17:14,530 of goods to the population when they need it. 313 00:17:14,670 --> 00:17:17,830 The term would be 'Strategic Access'. 314 00:17:18,130 --> 00:17:20,453 Now I know for many it's very difficult to think about 315 00:17:20,593 --> 00:17:24,017 an access-based society rather than a property-based one 316 00:17:24,157 --> 00:17:26,723 given the materialism we have been groomed into 317 00:17:26,863 --> 00:17:30,144 which serves to support the conspicuous consumption that 318 00:17:30,284 --> 00:17:32,579 perpetuates the market system and hence 319 00:17:32,719 --> 00:17:35,219 the demand for labor and everything else 320 00:17:35,359 --> 00:17:37,343 but the efficiency of this concept 321 00:17:37,483 --> 00:17:39,887 when all of those other requirements are removed 322 00:17:40,027 --> 00:17:42,726 - those false requirements of the monetary system - 323 00:17:42,866 --> 00:17:45,799 if done correctly, the efficiency of this approach 324 00:17:45,939 --> 00:17:48,088 is simply unparalleled. 325 00:17:48,228 --> 00:17:50,550 Demand could be dynamically tracked 326 00:17:50,690 --> 00:17:53,779 to avoid access shortages and overruns 327 00:17:53,919 --> 00:17:57,617 and using the most advanced forms of automation and distribution technology 328 00:17:57,757 --> 00:18:00,373 the convenience could far exceed anything 329 00:18:00,513 --> 00:18:02,986 what 99% of the world knows today 330 00:18:03,126 --> 00:18:07,782 - not to mention a reduction in crime as we know it, by at least 90%. 331 00:18:07,922 --> 00:18:10,775 The bottom line is that money is no longer needed in a world 332 00:18:10,915 --> 00:18:13,138 that has an access abundance. 333 00:18:14,845 --> 00:18:17,935 Now this concludes the basic summarization of 334 00:18:18,075 --> 00:18:22,129 the core attributes of the resource-based economic model. 335 00:18:22,269 --> 00:18:25,223 Is it perfect? Is it Utopia? No - 336 00:18:25,363 --> 00:18:28,950 But it would be cataclysmically better than anything we have today 337 00:18:29,150 --> 00:18:32,489 which is continuing to damage ourselves, our environment 338 00:18:32,629 --> 00:18:35,595 and shows all signs of getting much worse. 339 00:18:35,735 --> 00:18:38,323 If you would like to learn more about a Resource-Based Economy 340 00:18:38,463 --> 00:18:41,355 along with the global organizations working to make it happen 341 00:18:41,495 --> 00:18:45,072 please visit TheZeitgeistMovement.com and TheVenusProject.com 342 00:18:45,212 --> 00:18:47,523 for more information. I thank you for your time. 343 00:18:47,663 --> 00:18:49,532 [TheZeitgeistMovement.com] [TheVenusProject.com] Voluntary Transcription by Linguistic Team International