What is a Resource Based Economy?

According to Jacque Fresco, the founder of The Venus Project, he states that an RBE “is a holistic socio-economicsystem in which all goods and services are available without the use of money, credits, barter or any other system of debt or servitude. All resources become the common heritage of all of the inhabitants, not just a select few. The premise upon which this system is based is that the Earth is abundant with plentiful resource; our practice of rationing resources through monetary methods is irrelevant and counter productive to our survival.”

In other words, it’s a system without money. Money is redundant and just chunks of metal and scrap paper. I know what you’re thinking… How would we value stuff?? How do I pay for things? What about my job?

These are questions that I can hopefully answer throughout the blog.

The first question I would ask of you is what would you do if you didn’t have to work? Sure you might stay at home and play a video game, or just sleep and recharge. But what about afterwards? Most people would go traveling, play music, take up a hobby, go into the garden, learn new things, etc. There is a fascinating video from The Royal Society of the Arts where they explain our need for “Challenge”, “Mastery” and “Purpose.” If we don’t have those goals, then it really isn’t worth doing anything. We as a species need to work to better ourselves and not to make a quick buck.


3 responses to “What is a Resource Based Economy?”

  1. Chris J Davis says :

    Actually, the first question I would ask would be “how do you prevent the greedy from taking more than they need?” Resources are only plentiful providing no one wastes or exploits.

    Maybe the video addresses this, but I can’t view it at work.

    • HuskyCityRBE says :

      I would have to say that greed will become more irrelevant in the future. Introducing libraries where products and items are available to everyone to borrow or use will overcome the majority of greed issues. There are many products out there that are free that we don’t realise. Such as a shopping basket or trolley. I don’t have a shopping basket at home to take to the shops. I just use the free ones provided in the shops. If there was an abundance of stuff, people wouldn’t feel the need to collect stuff. It would just be clutter.

      Personally, I have a loft full of crap that just sits there collecting dust. I’d rather the items go to good use by sharing them out instead of being wasted not doing anything.

      I’ll discuss in a later post about how to deal with greed and how sharing libraries will work to combat consumerism and waste.

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