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Resourcism - a new economic system for the coming age of automation

Resourcism Theory

Resourcism is based on the fundamentals of our planet and the achievement of people with these fundamentals.  Historically, all past economies have been based on the world’s resources.  Man is a tool maker and has leveraged available resources during his accent through the ages.  From the stone age, the bronze, then steel and coal, on to today’s age of information, human achievement has been founded on the resources of the world and the leverage of human labour. As we move relentlessly towards a post-industrial age, after the next period ushering in exponential growth of smart machines, man will be limited by the world’s resources and little else.

The Fundamentals of Resourcism:


World resources are finite
:


Economic Principles of Resourcism:

 

Explanation of the Principles:

 

How the money system works:

Applying digital processes to money, availability and sharing is essential for Resourcism economics.  Many western people already use a digital system for their money.  Resourcism extends this across the whole Resourcism society, although such a society may exist within a larger society based on a different economic model.

As many of the day to day resources for a favourable existence will be free, a balance is made for individuals to conform within a controlled digital system for all their needs. This digital money system is the only way to prevent people from amassing money and forming power-bases from which to manipulate the economy and other individuals.

Follow the Money supply

Money supply for products –  as an example, a person produces jewellery, and other people purchase and keep the jewellery, the money goes to the jeweller who uses some of the money to buy tools and raw materials, the money goes to the tool maker, supplier etc. thus the money will end up spread around many groups and individuals, most of this is recouped at the end of the period.  The bit that remains with (say) the jeweller is spent during the period.

Money supply for services – hairdresser gets money from individual and spends it on extra travel, this goes back to the travel provider (either central admin or another group providing travel services), thus the money stays in the system and is recouped at the end of the period.  There is no added value left at the end of the period and the money supply must reflect this.

So during the period, individuals will spend some or all of there allowance on extra things like travel, products, services (eg live music).  They may use this allowance before the end of the period.  If they have money left near the end of the period, they are likely to spend it on say jewellery, this money goes to the jeweller who spends it on tools before the end of the period.  The toolmaker has excess money at the end of the period and this returns to the digital supply.

If this was not the case the money supply would increase and not reflect the underlying world resources.  This is the issue with current currencies, they have a life of their own and cause significant economic issues that have never been contained.

The money periods should be different for each individual.  This prevents cycles of highs and lows within the money in circulation.  Sensible controls are easy within a digital money system.  For instance if money passes to an individual near the end of their re-allocation period, a timescale can be allocated for the use of that money within the next period.

So, if an individual wishes to spend all of their money at an early stage in the period, the purchase system could prevent this action.  While this removes some personal choice, within a system that provides all the core living essentials anyway, such a system prevent misuse and coercion by others.

Is there always enough money to do things?

You are a jeweller, you are asked to make a lot of jewellery for a wedding by several individuals.  They must pay for this commission at the time of the order.  Your output is limited, so this takes up the whole production during one period.  You are limited by your efficiency and own time, you have the money to pay for tools and raw materials from the commission.  During this period you hold more money than your allowance.  This reduces the money in circulation during that period.  At the end of the period, excess money is returned to the digital system.  If this was repeated by many providers, the money in circulation would dwindle during this period.  By staggering the allocation periods and allowing certain overlap, the money system is kept in check and prevents large swings in money supply across the society.

Would you need to borrow?

Are there any circumstances where you would need more money than you had available.  Say, you decided upon a holiday that required money for extra services. This was near the end of your allowance period and you did not have enough to cover these extra services. There could be a system that allowed an advance on the next period’s allowance, but this increases the money in circulation.  If everyone did this it would push up prices as the resources are effectively fixed. (opposite of current economic system).   Again, by having staggered allocation periods, the total money supply is controlled while allowing for flexibility in purchase timing.

When all of a particular resource has been depleted (sold), the only way to obtain it would be to swap another held resource (at an equivalent money rate).  So, as today, if all seats are sold for an event, the only way would be to find someone to swap for something they require.  Within a digital purchasing system, such a swap shop is simple and effective.

Resourcism and human nature

In a perfect world, we would find a way of creating a system for the world completely free of any constraints.  There would seem to be no obvious answer to this conundrum.  Until humans manage to reach out to the stars and disperse, the world need as reasonably fair process of sharing out the total resources.  The coming smart machines allow the human race, for the first time in our history, to create all the basics for every individual.  Resourcism is a system that does limit the freedom of individuals, but provides a fair environment. This is a balance that we need to consider when and if we move to Resourcism. It is not a panacea for the human race, just a make do until we find a better solution.

Human Drivers

We must take account of the core human drivers, including competition, greed, power politics, fads, the social nature of people and the need of the young to be different.  If Resourcism does not provide and somehow contain these drivers, the system will be subverted very quickly.  No amount of laws, rules or clever systems will contain human nature.  The only way to achieve a stable system is to provide for these human drivers within the system.

The new model organisations (see below) allow for any and all human activities to work within Resourcism.  These must be central within the society and must be provisioned to create quick, easy access for anyone who wishes to create momentum for any idea or action. 

Human nature will always find ways around any system.  People will of course pool their resources outside these formal systems.   However, by having the main resources digitised and free (food, water, power, housing, travel etc), along with a vibrant not for profit sector, will limit the damage any alternative money processes can make on the digital money environment.

New Model Organisations

These new model organisations will provide for almost all possibilities for progress, hobbies and fun.  Such organisations themselves exist within the designated digital economy.  They will be able to pool resources, purchase additional resources, create products and services.  These products and services may be sold or swapped within the exiting digital system, but their price will need to be designated and fall within defined parameters. 

The new model organisations are, by definition, not for profit and as such they will not be able to accumulate resources or money other than that required for their identified ongoing goals.  But, if they are to be a conduit for our natural drivers, they must allow people to create some wealth and allow creation of things of substance.  As all administration will be digital and automatic, control will be part of the overall system and this will allow these organisations to become significant in their own right without breaking the central ideas of fairness within Resourcism. To find a balance that allows these organisations to be fully creative yet not become too powerful or controlling within any sphere of activity, is probably the make or break of Resourcism as an effective ideology.

This new Model Organisation is based on the following structure & principles:



email: cst@commonsensethinking.co.uk