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Drewry

Member Since 26 Jul 2005
Offline Last Active Jun 20 2013 03:17 PM

Topics I've Started

Is this still the place where great minds think?

27 September 2010 - 09:55 AM

It feels like it has been ages since I've had any time to think about anything yet alone post articles on something. A lot has happened for me over the past couple of years. Finished up college, started a business, and a lot of other things.. but nevertheless I miss the old times of thinking about things that should and sometimes shouldn't be thought about. Arguing or debating with fellow great minds. When I was younger, I thought a lot about the formation of society. Why should we have a society and if we should what would be the best way to form it?

The concept of social engineering fascinated me. That we, as human beings, could engineer not just the world around us but the societies that we live in. After years of research and thought experiments (on top of years of debating with friends) I have concluded that the only way to achieve a better society is through two things: 1st that we remove currency from our society and replace it with something more efficient; 2nd that we must rely on technology to administer the necessary functions of social governance that would otherwise be achieved by humans. Much as we have relied on technology to replace other functions of our society, why not government. These are the two founding principles behind what I called Druvianism. Something that still evolves today.

Below is an article I wrote not too long ago that better articulates my continued interest and desire of a new resource-based society, and for those interested I am working on restarting my blog druvianism.org:

On the Merits of a Resourced-based Economy

Before I can write about the merits of a theoretical resource-based economy, I must first define what it is and describe the differences between an economy with a monetary base and one with a resource base. A resource-based economy is not communism, nor is it any other collectivist theory. The economy still functions on the laws of supply and demand and the right to property is still alive. A resource-based economy, simply described, is an economic system absent of any monetary base. For the purposes of imagining such an economy, I would like to make several assumptions.

First, because of today’s technology it is perfectly conceivable to imagine a world where resources are infinite. The whole of economic theory is based on a world where resources are scarce. However, it is possible to imagine that one day we will have a society so sustainable that all resources are virtually infinite.

Second, because of the near infinite nature of our future economic resources, the need for money will naturally dissolve. It is my belief that once a system loses its original necessity, it will soon be replaced by another—whether peacefully or violently as we have seen in history. The most obvious example of this is through technology. As we invent a newer more advanced technology, we replace the older one as it has lost its necessity.
The third and final assumption will be that despite advances in time theories, the concept of time as a resource or time as a value will always be a finite resource in our economic system. As all resources are available to all, and they are infinite, the only constraint on creativity and production is time. Because of this scarce nature, time will become the single most important factor in the future of economic theories.

Therefore, according to these assumptions, there will be two factors in determining the resource-based economy: time being the first and the second being capital. Capital as a concept will return to its original meaning: from Latin capitalis “of the head.” Capital investment will come entirely from the entrepreneur, the inventor and the innovators. As in today’s economy, when one has an idea, one must seek out capital investment (in terms of money) to make the idea become a reality. However, we rarely view the idea itself as capital.

I believe the current system of resource allocation to be highly inefficient and in some cases prejudiced and corrupt. An entrepreneur may have a great idea, but because of other factors in the economy, greed may overlook the idea. Often we have seen safety features in certain products go undeveloped due to price constrictions. These examples show how a monetary-based economy can lose its purpose, and much how humans can lose their purpose by depending on a middle-man like money.

Indeed there are many examples of how a monetary-based economy can go awry; particularly so in our current economy—albeit a peculiar mixture of socialism for the rich and capitalism for the poor. Because of the severe mismanagement in today’s economies, the near future will certainly have a lot of war and chaos as nations scramble for any resources left on the planet; as we certainly do not live on a planet of complete sustainability today.

Although, I am certainly not assuming that a resource-based economy will be without war; merely that a war over resources will be a thing of the past. It is logical to assume that war amongst ourselves will grow less and less as we approach a resource-based economy and as we seek to expand our species in the universe. That is to say that our resource allocation must change if we are to advance as a species.