The last three years have been a wake-up call to millions of people who previously were too busy living day-to-day to question our social operating system. Then suddenly the Covid-19 emergency bells started ringing and governments everywhere went haywire. Emergency powers dissolved individual rights and freedoms, closed schools and small businesses and mandated citizens to infect themselves with experimental gene-based injections. Fear was used to boldly ratchet up corporate and government power to absurd new levels. Supply chains crashed and the price of everything exploded. Rather than protecting families from harm the pandemic response actually increased the pain, death and suffering we had to endure. People noticed that something was seriously wrong and started questioning the make-believe reality that the mainstream media creates.
So now we have a unique opportunity while the public’s attention is leaning towards critical thinking to ask what’s wrong with society. But merely dissecting the symptoms of our failures will miss the real problem. The fundamental question is
Is money really the most beneficial way to motivate productivity in society?
Money is the lifeblood of society. It is the permission needed to live. It embodies power, the power to produce, the power to achieve, the power to control. It is the basis of our social operating system and the most fundamental foundation of society. When it is reasonably available to everyone equally a harmonious, peaceful society is possible. When it is captured and controlled by a privileged elite, a desperate, competitive, waring society is inevitable.
Most people never think about the structure or operating principles of our money system. They are too busy trying to get enough of it to survive. Those who do look into it rarely go deeper than questioning what commodity money should be based on (gold, silver, etc.). Some do go deeper and question why all money is created as debt. Debt-based money obligates borrowers to pay interest to the money creators who rent the money supply to society. This scam explains why the distribution of wealth is so uneven and why society never seems to be able to get out of debt. Resolving these issues could lead to better social conditions, but they still avoid the fundamental economic design problem.
To get the root of the problem of our social operating system we have to examine profit. Profit is the dominant motivation that drives productivity. Profit is the primary reason that people invent and patent new things. Profit is the primary reason that people invest or loan their money to others. Profit is the reason people surrender their lives to work for someone else, or for themselves. Profit is the reason that we build things poorly, cheaply, with planned obsolescence to break and wear out prematurely. Profit is the reason we compete so ferociously for market dominance and control. Profit is the reason we engage in wars to access the raw materials and natural resources we need. Profit is the reason we abandon morality to sustain shareholder loyalty and customer satisfaction. Profit is the reason our economy must continuously expand consuming more resources each and every year. Profit is the reason we ignore the environmental costs of raping the earth of her resources, causing the irreversible annual extinction of thousands of species. Profit is the reason we create labour ghettos and abuse the populations of third world countries. Profit is the reason we murder people all around the world with new experimental drugs and gene therapies. Profit is the reason we organize crime syndicates and infiltrate and control elected governments around the world. Profit is the reason there is so much inequality and social despair and unrest in the world. Profit is the reason we are now facing the deliberate social extinction of billions of people worldwide by an evil club of billionaires who believe they have the knowledge to outsmart nature and the right to determine the fate of all humankind.
Profit has enabled this club to amass unimaginable wealth over generations of corruption. Controlling the money supply and operating the levers of debt to cause depressions has empowered them to capture elected governments, their armies, their public institutions and the media. There is no way to disarm them unless we disable profit.
Now that people are awake and are beginning to understand that we are facing extinction, they may be willing to tackle the key weakness of our economic system. An incredibly wonderful new world of possibilities awaits us once profit no longer motivates productivity. Humans can relax and focus on what truly interests them in life. Instead of submitting to the tyranny of the marketplace, they can vote with their lives for the type of marketplace they desire. Instead of being based on scarce commodities, money can be based on time, a precious resource that is equally available and accessible to all. No longer dependent on renting other people’s money, people will create and pay themselves new money every time they perform socially productive work for others. Debt will no longer be needed when labour becomes money. Whatever people choose to work on will be funded by the act of working itself.
I urge you to think about this proposal. Every thinking person can now clearly see that we have to rebuild our political, economic and monetary systems from the ground up. Our current ones have been captured by an evil so dark that the future consequences are unthinkable. So lets dig into the core of the problem and rebuild a Garden of Even.
Found your post via Jordan Schachtel's Dossier post. I like your thinking. The way we are going is untenable but reinventing an economic system seems like too daunting a prospect. It would require a massive reconstruction after nothing short of revolution and annihilation. However leaders right now, right here today can take concrete steps to design a healthy economy wherein all people share in the wealth (profit) generated but our leaders refuse because they are benefiting from the very elite (a class to which they now belong) who use their positions for their own gain. We need to topple the top down approach to capitalism but many people yell foul because it is a socialist concept, namely that workers participate in the decision making and output of the companies to which they contribute. We don't have a middle class anymore, we have a poor and poorer working class. Workers must be able to invest and share in the wealth they create. The fact that a CEO makes 400X what an average worker does is a case in point of inequality. A worker-stake company could vote to cap that. Imagine the average workers being able to negotiate their contract without fear of being fired? Imagine the average worker being able to discuss and vote on issues of quality control or worker safety? Right now they have no voice, no recourse, not even Unions have enough power to topple the corporate elite. The question is how do we get new leadership? How do we address the corporate elite concentration of wealth? Are we supposed to rely on elections every 4 years? Elections are laughable, recycling the bad actors, and inducting new actors who take the elite bait!
So succinct and right to the point. This should be our new foundation - time as the basis of an economy. Everyone has it and everyone benefits. Why would anyone choose to remain on the same timeline we're on! The only problem I have is with the picture as i feel religion is another bane of our thinking. I thoroughly enjoyed reading this as it fully resonates with my own thinking. Fabulously written.