this post was submitted on 24 Feb 2025
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The invention of money was a blight on our society. Abolishing it immediately is the first step to proper environmental recovery.
What the systems of getting people their food, supplies would look like, I don’t know, but having corporations hoarding wealth and polluting everything needs to stop.
Money can and should be abolished, but the best way to do so is to work towards a fully publicly owned and centrally planned economy and work towards the use of labor vouchers, which are destroyed upon first use. Eliminate production for profit and replace it with production for use.
I see the sentiment that money should be abolished here all the time, but this is the first time I've actually seen a proposed replacement. It's an interesting idea.
It's Marxist, so you can go to Marx for more on that, though he didn't spend much time describing how he thought Communism would function.
If anyone wants do go deep into non-monetary economic systems, I haven't read/listened-to much of their work but economists and computer scientists like Cockshott have researched planned non-money economies.
A summary: https://dessalines.github.io/essays/paul_cockshott_cyber_communism.html
A few related thoughts.
I think it's important to understand that "money" as it exists within markets exists in a manner to be exchanged and accumulated. Labor vouchers are a type of "currency,” but as they can't really be accumulated in the same manner money for exchange can be, may make sense in the far future.
It's mostly a moot point because we lilely won't make it to the level of centralization necessary for such a system in our lifetimes though, and our successors can figure out potentially an even better system.
Idk how we'd get rid of money, but it needs to be done. We're literally the only species on the planet with this concept and we're suffering for it.
Yup. We’re producing the goods, we need the goods, why the hell are we doing this with shareholders and money?
Oh right, cause human time is limited and automation isn’t good enough.
Humanity also just can't coexist peacefully with anything. We ruin everything we touch. Our hubris will be our downfall and I take comfort in the fact that the Earth will heal after we extinct ourselves.