its an economy where people dont use money, they trade goods. he thinks somehow it will magically be better. while theres a reason why money exists, its much more efficient to use money. its alot easier to give someone $50 then to give them something worth $50.
he explains it in an earlier post, unfortunately he feels the need to make long posts with much bullshit inorder to make him delude himself into thinking of himself as intelligent:
"What does capitalism have to do with this? Capitalism includes the resource-based economy. The resource economy already exists. It is running parallel with the monetary based economy. More emphasis, however, is being placed on it.
Look at it this way: when goods become unaffordable monetarily, when monetary prices become uncompetitive with the resource-based value of those goods, or when tax laws make monetary exchanges more inconvenient than resource-based exchanges, there is a natural tenancy for the merchant and purchaser to then conduct transactions with resources rather than money. This happens all the time. It is estimated that the resource-based economy is about 1/3 of the real economy.
Take the following scenario: A mechanic named John has trouble with his home computer. It's been running slow ever since his last automatic upgrade. he only bought the computer 2 years ago. He doesn't figure he should have to go out and buy a brand new one. He hates Microsoft for what he sees is a marketing ploy: intentionally 'updating' his computer so as to make it run more slowly so he has to go and get a new one with windows vista.
Then, out of the blue, an old friend of John's, Bill the IT guy, phones him and says that his car needs a tune-up and asks John if he could take a look?
What happens next? Well, I'm sure you can guess. They make a resource-based exchange: John the mechanic fixes up Bill's car, and Bill the IT guy fixes up John's computer.
No money is exchanged; No taxes are collected.
Want another example of the resource-based economy at work in our day and age?
www.couchsurfing.com - the site is being SWAMPED by users participating in resource-based exchanges through this website: you have a resource in your home - a couch. You let people of good reputation and good standing sleep on your couch for a night, and in exchange your own reputation or standing is raised, to the extent, that next time you want to go to, let's say, New York for a holiday, you won't have to pay a dime for accomodation there. Again, no money exchanged, no taxes. Only thing exchanged are resources: your couch / spare bedroom this night for somebody-elses couch / spare bedroom in the future.
This sort of resource-based exchange, if it really takes-off as I expect it will, could throw a wrench in the cogs of the wheels of the multimnational hotel industry, and, personally, GOOD: in some cities you can't get a decent room for less than 200 dollars a night nowadays.
We have to understand what the resource-based economy is: it is a protest movement against the unjust inflationary trend upon which the monetary-based economy depends. As inflation increases, and higher prices continue to make the resource-based economic system more appealing to consumers, the monetary system will simply fade away.
It is simply a matter of time. The resource-based economy is coming, and fast."
sKoE )= wrote: