What if the whole world got together and used the technology we have now to just eliminate paper money. Every one just recieved a Debit card worldwide and people got money in units not dollars loaded onto their cards weekly. There would be 4 hour workdays. People would start getting job experience at 13 and retire at 50. Your money would be weighed by education and experience as it is now but on an entirely different level. There would be free education for all and free housing, water, heat, elec and phone service. People will be required to work because they will be contributing to society on a mass bases. Only people who are inventors, teachers, doctors, police, business men etc would have more than others according to their success, but, really money would be abundant to every one because those that we put in power could simply tell a computer how much everyone and every support system should have. Money would be immaterial.
2006-06-22 18:01:08 · 7 answers · asked by Oracle 3 in Social Science ➔ Economics
it will be emazing . it will solve the problem of the management of currency. we will be able to reduce the cost of management of currency. and the need to control money supply will not be there more over no problem of inflation and the all attendant risk attached to it. apart from the easy frequent money transfer at minimum of cost.
2006-06-22 18:13:20 · answer #1 · answered by jariwala 1 · 2⤊ 0⤋
Some friends and I had a discussion about this the other day. We thought about it because we are actually living in an environment right now where we don't need money for the basics of life. I'm in the military stationed at a forward operating base in eastern Afghanistan. We live in a 4 person little house called a B-hut. We wake up in the morning, shower, dress and go to the dining facility where we take whatever we want. (It's a small base so the cooks are able to cook like they would for a family rather than a brigade). We then go to work. If we get hungry during the day there is a wide variety of drinks, snacks, fruit, and sandwich materials available 24 hours a day. Lunch and dinner are treated as I described earlier. After work we go to the gym, use the free phones or internet, watch satelite tv, check out DVD's from the free library. I realize that this simplifies the world quite a bit but for the most part people only take food that they are going to eat. Since there is plenty of stuff out there all day there is no need to hoard things or to get more than your fair share. In common spaces like the gym or the tv room we have time limits so that people can have adequate use of the phones and computers. With very few exceptions, everyone respects the rights of others. I think it is an interesting example of how a world like this could actually work.
2006-06-23 13:02:49 · answer #2 · answered by Gator714 3 · 0⤊ 0⤋
George Orwells book l984. It was a must read in the 70's for some. Kinda deals with this subject. Years ago the book was equivocated with Communism with some folks
2006-06-23 05:13:39 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Read Aldosa Huxleys "1984". I doubt I have the name of the author right, I read it in the seventies and was properly shocked. However he delt with the same issue.
2006-06-23 01:17:11 · answer #4 · answered by Marcus R. 6 · 0⤊ 0⤋
Barter
2006-06-23 01:06:04 · answer #5 · answered by robert p 7 · 0⤊ 0⤋
We'd find something equivalent to money to use...it's human nature...we need something that makes us feel that much more powerful than the next person...
2006-06-23 16:34:24 · answer #6 · answered by Anonymous · 0⤊ 0⤋
we'd use cows, beans, gold... as it has been all the way through history....
2006-06-23 05:53:21 · answer #7 · answered by compsydney 2 · 0⤊ 0⤋