Amadeus wrote:For those who haven't heard of it, The Zeitgeist Movement is sweeping the internet. The Movement is basically an attempt to completely rid the world of money, which would in turn get rid of the following things.
A) 90% of jobs. They argue that the current monetary system enslaves the world's population into working the majority of their adult lives. Basically, money is debt and debt is money. Without either, the other disappears. For example, if every debt in the world was payed off, there'd be no money in circulation and it would be useless. And if there were no money, there'd be no debt to pay off. People work to pay off debts, and without money there'd be no debts for them to work to pay off.
The problem is, debt is not necessarily money. If there wasn't any money to be owed, there would still be resources such as food, water, and property that people would owe to other people. Taking away money doesn't take away the problems associated with money; it only shifts the problems to other things.
B) Greenhouse gases. Because gas companies are the only reason we haven't begun switching to clean fuel, getting rid of money/profit and then the corporations that thrive to make profit, would eliminate all resistance to tidal, solar, wind, wave, and geothermal energy. Estimates and MIT reports put available geothermal energy at 4,000 years worth of clean energy. But because the earth constantly renews its energy, the supply is virtually endless. Without money, corporations would be nonexistent, so clean fuels would be pushed and embraced.
I doubt taking away money would make corporations become nonexistent, because, as I said above, there will still be debts, payments, etc. in the form of other materials. Besides, I doubt that gas corporations are the
only reason we haven't switched to clean fuels yet.
C) Poverty. If money was nonexistent, we could harness technology to create an abundance. It is a fact today that we have the technology and ability to create an abundance of food and resources. Example: Tap water and air are in such an abundance, they're free. It would be pointless to charge. What if food, and other resources were in such abundance they'd be free and open to everyone, with no cost? Businesses currently are artificially creating demand and keeping down supply by such tactics as storing diamonds in warehouses or burning them into carbon to avoid prices dropping (Diamonds would cost mere dollars if they all were released).
Secondly, many companies act unethically and corruptly. To act corruptly is to set aside moral and ethical values for monetary gain, and so sweat shops are just that. They put aside ethics and workers minimal wages that they cannot live on, simply to maximize profit. Without a profit to be made, corruption, and thus cruel inhumanity against humans, would be eliminated.
Even without money, some people will manage to obtain more resources than others, creating an unequal distribution of resources, which creates poverty, since poverty is essentially having less resources than what is considered to be normal. I don't see poverty going away by abolishing money (Communism didn't exactly work out in the Soviet Union, did it?).
Essentially, debts and other problems associated with money are not caused by money, existed before money existed, and will continue to exist even without money. While the current monetary system is not perfect, abolishing money is not the solution.