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  1. #1

    Default An alternative to capatilist profit based Economy

    So many people are not satisfied with profit based economy and capitalism. As an alternative some people suggested the concept of Resource based Economy. Resource based Economy deserves appreciation because someone finally recognized the flaws in the profit based economy and took initiative to resolve it.

    But in the Resource based economy we do not have the concept of money. It can be very difficult to achieve the proper distribution of scarce resources and commodities without the concept of money because we need some proper mechanism for distribution of scarce resources and commodities.

    So do we have another alternative?

    Another alternative to profit based economy and capitalism is an Earth Exchange based Economy.

    Every resource has an origin. An origin is something from where the resource originates and enters into the economy. For example, the origin of the coal would be coal deposits and the coal blocks. The origin of the metal would be the metal deposits and metal blocks. The origin of the petroleum would be the petroleum deposits and petroleum blocks.

    In a conventional profit based economy all the origins of the resources are owned either by the government or the profit based organizations. They sell these raw resources and the resource cost obtained by selling these resources go to the government or a profit based organizations.

    But in an earth exchange based economy all the origins of the resource is considered to be owned by the citizens of the state and not the government or a profit based organization. So whenever the resources enter into the economy from its origin the resource cost would go to the citizens of the state.

    We can see that every resource that is scarce has a cost in the economy. Do you think that your government or a profit based organization deserves that resource cost?

    So In the earth exchange based economy the people and citizens can earn the money in two ways by the virtue of ownership of the origins of the resources and by doing their jobs.

    There would be no financial insecurity because there is no obligation to get a job to earn the money. People can just do whatever they love to.

    But as we will study further, the further research in the earth exchange based economy revealed that it can sustain and function properly only when people work without any monetary incentive. It is because the services compensation and resource cost compete with each other. You will need to study the full concept in detail to understand what I am saying here.

    So in an earth exchange based economy is possible and sustain in a democratic setup if more than 50 percent of a people in a state want a nonprofit economy and they are willing to work without any monetary incentive.

    There is no requirement of any legislation to make the concept work. It is designed for a democratic and free society to sustain without any requirement of any legislation. So people should not confuse it with socialism or communism.

    In the earth exchange based economy the organizations are nonprofit organizations where people work without any monetary incentive. So in such an environment the profit based organizations are rendered uncompetitive and automatically fail to survive because a nonprofit can sell its services at much lower cost compared to a profit based organization in the earth exchange based economy.

    So if 60 percent or more than 50 percent people want to have a nonprofit economy a state would automatically be converted into an economy where a profit based organization cannot survive. I cannot describe the full thing here you will need to fully understand the concept. Therefore there is no requirement of any legislation to make the concept work.

    But now the question comes why would people want such an economy? Are there any benefits of living like this?

    Benefits

    In an Earth Exchange based economy there is no obligation to get a job to earn the money. We can expect a sense of equality. People can openly share and collaborate with each other without the concept of patents and intellectual property restrictions. You can expect changes in our education because people do not work for monetary incentives so we can study whatever we like without the obligation of getting a job. The education can be flexible and people can study whatever they are interested in.

    We can expect better work environment where there are no hierarchies and employees are given better treatment become employees do not work for monetary incentives. Because everybody in nonprofit economy has equal earnings everyone is middle class.

    To find out more about Nonprofit economy or Nonprofit Earth Exchange based economy you can search for Earth Exchange based economy on the internet.

    ---------

    EDIT - People had many doubts and i realized that i needed to provide a more clear and proper explanation of the concept. Therefore i edited the entire post.
    Last edited by bluemountaintree; 04-21-2012 at 10:09 PM.

  2. #2
    FRACTALICIOUS phobik's Avatar
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    Quote Originally Posted by bluemountaintree View Post
    So people are not satisfied with “capitalist profit based economy”. As an alternative some people suggested the concept of “Resource based Economy”. “Resource based Economy” deserves appreciation because someone finally recognized the flaws in the profit based economy and took initiative to resolve it.

    But in the “Resource based economy” we do not have the concept of money. It can be very difficult to achieve the proper distribution of scarce resources and commodities without the concept of money because we need some proper mechanism for distribution of scarce resources and commodities.

    So do we have another alternative?

    Another alternative to “profit based capitalist economy” is a “Nonprofit Earth Exchange based Economy”.

    In an “Earth Exchange based Economy” we do have a concept of money. In the “Earth Exchange based economy” all the people work free of cost and all the organizations are “Nonprofit organizations” where people work without any salary entirely free of cost. The organizations only recover the input costs from the customers and do not recover the profits.

    In the “Nonprofit Earth Exchange based Economy” all the resources obtained in the state is considered to be owned by the "people of the state". The scarce resources have a cost in the economy and the resource cost is distributed to the people by dividing it equally among them. This is how people earn the money in the “Nonprofit Economy”. Everyone in “Earth Exchange based Economy” is middle class.

    Further there is no requirement of protectionist measures like patents in “Nonprofit Economy” because nobody is working for profits.

    Did anyone explored the concept of “Earth Exchange based Economy”?

    Thoughts ?
    Lovely. Did you just stumble upon a "How to make your own Economy Theory for Dummies" book?
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  3. #3

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    hi,
    yeah i can understand what you are saying. I know It seems like a very counter intuitive concept but if you read the full concept after that only you can understand how it works.
    There is actually a book in which it is described in detail. If you really interested to read the book you can google it read it free of cost online.

  4. #4
    failure to thrive AphroditeGoneAwry's Avatar
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    So, basically does that mean that all corps become non-profits? I haven't really seen that non-profits are very satisfying for the people who work in them. They tend to be overworked and underpaid. And have to rely on big wigs on their board to make big donations, which is what keeps them afloat, often.

    Sounds too socialist and cumbersome to really work. I just see a bunch of liberals on boards arguing over how many more programs to institute to save Everyone. Not to mention the ramifications to personal liberty, if no one owns anything themselves, but are basically just products of the state. I especially have a problem with everything being owned by the State. That gives the Government even more power. I think certain things should be controlled and managed by the federal and state governments, precious resources like national lands, and state lands.


    But unless people own their own resources/businesses/products--in some way, shape, or form, society breaks down. Although it's a nice concept.

    I'm into the cooperative model because I think it's an answer to both corporatocracy, and a welfare state.
    Ni/Ti/Fe/Si
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  5. #5

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    Quote Originally Posted by AphroditeGoneAwry View Post
    So, basically does that mean that all corps become non-profits? I haven't really seen that non-profits are very satisfying for the people who work in them. They tend to be overworked and underpaid.

    Sounds too socialist and cumbersome to really work. I just see a bunch of liberals on boards arguing over how many more programs to institute to save Everyone. Not to mention the ramifications to personal liberty, if no one owns anything themselves, but are basically just products of the state. I especially have a problem with everything being owned by the State. That gives the Government even more power. I think certain things should be controlled and managed by the federal and state governments, precious resources like national lands, and state lands.


    But unless people own their own resources/businesses/products--in some way, shape, or form, society breaks down. Although it's a nice concept.

    I'm into the cooperative model because I think it's an answer to both corporatocracy, and a welfare state.
    Thanks for taking your time to read it.
    Yeah I totally understand your concerns and i do understand that at first it appears like a concept which is conservative and similar to socialism. But is is not.
    In the Earth Exchange based economy where there are large number of corps are nonprofits the profit based organizations automatically will not survive. it is because a nonprofit organizations in Earth Exchange based economy, can offer services at much lower cost.

    So there is no requirement of enforcing any kind of legislation.

    Nonprofit Economy can only work if 60 percent of people in a state want to live with in a nonprofit economy. and when 60% or more people live with nonprofit way. The economy automatically gets converted to nonprofit economy where it is not possible to earn the profits and a profit based organization cannot survive due to uncompetitiveness.

    It is actually more democratic compared to your conventional profit based economy because in a nonprofit earth exchange based economy you do not have any obligation to get a job to earn the money. Further organizations cannot make you sign bonds and contracts.

    Further the government does not have any role in a nonprofit economy. Resources are owned by people of the state not by the government. Resources are only owned by people of state at the point of origin of resources and after they are sold they are owned by the individuals.

    It is not possible for me to describe everything in detail in this small space. If you are really interested to explore there is actually a book in which the concept is described fully which is available free of cost for reading and downloading.

    To find out more You can google earth exchange based economy.

  6. #6
    failure to thrive AphroditeGoneAwry's Avatar
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    Quote Originally Posted by bluemountaintree View Post
    Thanks for taking your time to read it.
    Yeah I totally understand your concerns and i do understand that at first it appears like a concept which is conservative and similar to socialism. But is is not.
    In the Earth Exchange based economy where there are large number of corps are nonprofits the profit based organizations can automatically will not survive. it is because a nonprofit organizations in Earth Exchange based economy, can offer services at much lower cost.

    So there is no requirement of enforcing any kind of legislation.

    Nonprofit Economy can only work if 60 percent of people in a state want to live with in a nonprofit economy. and when 60% or more people live with nonprofit way. The economy automatically gets converted to nonprofit economy where it is not possible to earn the profits.

    It is actually more democratic compared to your conventional profit based economy because in a nonprofit earth exchange based economy you do not have any obligation to get a job to earn the money. Further organizations cannot make you sign bonds and contracts.

    Further the government does not have any role in a nonprofit economy. Resources are owned by people of the state not by the government.

    It is not possible for me to describe everything in detail in this small space. If you are really interested to explore there is actually a book in which the concept is described fully which is available free of cost for reading and downloading.

    To find out more You can google earth exchange based economy.




    And I thought 'people of the state' was government.
    Ni/Ti/Fe/Si
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    The more one loves God, the more it is that having nothing in the world means everything, and the less one loves God, the more it is that having everything in the world means nothing.

    Do not resist an evil person, but to him who strikes you on the one cheek, offer also the other. ~Matthew 5:39

    songofmary.wordpress.com


  7. #7

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    Yeah i think more accurate term would be raw resources are owned by "Citizens of the state". Thanks for pointing that out. Citizens of the state own the raw resources at the point of origin of resources. and all the money obtained by selling those resources directly goes to the citizens of the state. Raw resources are not owned by the government.

    If you see Even currently, our governments in democratic society, auction coal blocks and resources to profit based organizations for lot of money.

    Do you think this money which is the resource cost belong to the government or the Profit based organizations. Is the government or profit based organizations taking any efforts to generate the raw resources like iron, steel, coal. Isnt this cost belong to the people/citizens of the state.

  8. #8
    Senior Member Survive & Stay Free's Avatar
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    Imagine if the amount of trees where as important as the amount of gold? Forest reserves vs. Gold reserves

  9. #9
    failure to thrive AphroditeGoneAwry's Avatar
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    Quote Originally Posted by bluemountaintree View Post

    Do you think this money which is the resource cost belong to the government or the Profit based organizations. Is the government or profit based organizations taking any efforts to generate the raw resources like iron, steel, coal. Isnt this cost belong to the people/citizens of the state.
    That is a tough one. I think generally resources should belong to the people, and owned by the people, privately. Larger things that serve greater amounts of people should then be owned by larger groups of people, which I think is best represented, as I said, by the cooperative model versus a bureaucratic or non-profit model (because there is too much polarity in non-profit or communist models; meaning you have people that don't care and don't work, or people who overly care and work too hard).

    Finally, when the resource or product you are talking about is important to huge groups of people, and most of society relies upon one reserve or precious resource to function, then, yeah, perhaps then the government should step in and be involved, whether at the local, state, or federal levels>I don't really want to rely on the altruism of a lumber company to manage our forests, for example. Because, after all, money is the bottom line in all business models. And if it isn't the bottom line, it won't work anyway, making it impractical.

    There must the the right blend of profit and altruism, which, when combined, leads to cooperation.

    Corporations are all about profit = Fail.
    Communism (or similar conceptual model) is all about 'altruism' = Fail.

    People work best when working for themselves, or for their own tribe; that's just human nature. But a bunch of decentralized, grassroots cooperations (versus corporations, ) will serve society better, decreasing the need for as much big government involvement.

    Quote Originally Posted by Lark View Post
    Imagine if the amount of trees where as important as the amount of gold? Forest reserves vs. Gold reserves
    I can actually imagine a tree being worth more to me than gold. When there are no more trees.
    Ni/Ti/Fe/Si
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    The more one loves God, the more it is that having nothing in the world means everything, and the less one loves God, the more it is that having everything in the world means nothing.

    Do not resist an evil person, but to him who strikes you on the one cheek, offer also the other. ~Matthew 5:39

    songofmary.wordpress.com


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    What incentive is there for people to work or innovate in this system?

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