do you think that if there was no form of currency in the world there would be less problems?

Answer 1

You are correct but the world today needs a means of exchange.

Its a very complex issue or we would not survive because we cannot possibly produce everything we need. \

That was the problem with totalitarianism for the countries who tried it.

Answer 2

No. Currency was invented to standardise exchanges and fix values of goods. People still had the concept of value before that, they just tried to work it out in chickens vs cows or whatever. Getting rid of currency wouldn't get rid of greed, theft or other ills, and it would make modern economies untenable.

Problems occur when the value apportioned to a particular good or service is false. That's the stock market bubble effect,when everyone thinks something is more valuable than it really is, and is usually followed by a crash. (Just look at the IT industry recently.)

But it also happens on a daily level. I think the two biggest evils associated with currency are undervalued services (ie when the people actually doing the work are not receiving the amount of money they should) and when currency is paid for no actual good or service (eg excessive payouts to departing CEOs, "administrative fees" to banks etc)

Answer 3

No, a modern complex civilization is completely impossible without money. If you somehow eliminated money, civilization would very quickly implode completely -- it would be by far the worst calamity in history. If money had never existed, we'd still be living, at best, like bronze age Greeks or European barbarians -- dying young, living in poverty, and living in fear as a daily routine.

There has never in history been a society without money that has risen beyond crude early-bronze age status. For some reason people try to point to early Meso American or South American cultures as a counterpoint, but those are in fact perfect examples of crude early bronze age societies that went extinct due to their lack of sophistication and inability to adapt and make progress.

For many reasons money is an absolute necessity to go beyond that stage and to make sustained progress in technology and economic productivity.

Answer 4

Yes

Answer 5

I think it would cause even more problems because then everyone would be on the same level. How would you get anything new. Then we would all be basically stuck where we are right now. Nothing changing.

Answer 6

yes & no. If there was no currency, people would still barter their goods & services. I think there would be crime because people would still try to cheat others.

Answer 7

there would be meyham in the world... no orginization, no will to do anything..... you would have a King with citizens working to benifit him.

Life would be worse...

Answer 8

yes

Answer 9

No. As long as there are PEOPLE, there's going to be PROBLEMS.