Ever since I started reading Michael Tellinger’s UBUNTU Contributionism – A Blueprint For Human Prosperity, I can’t stop thinking about the benefits of a world without money.
I encounter situations that could be improved by abolishing our monetary system—and especially the profit at all costs system—daily. For example, today I was talking to one of my friends who installs solar panels about the fact that our house doesn’t have a south-facing roof, so perhaps tapping into a community solar field would make more sense. The problem is, there is no such solar field, because the electric company makes it very difficult for communities to do this. “There’s no incentive for the electric company,” my friend said.
No incentive. That is, no profit to be made. If money was not in the equation, we would use the most environmentally-friendly methods possible to generate energy. Renewable all the way.
Benefits of a World Without Money
Here is a random list of things that would improve if there was no money:
- Fewer hours of labor each week. (Tellinger estimates 3-4 hours per day.)
- Everybody contributes to the community based on their skills and talents.
- No more working for a paycheck!
- More time to play, innovate, create, and love.
- No mortgage or student loans to weigh us down.
- Don’t have to worry about getting robbed.
- New moms and dads can stay home to bond with baby.
- Everybody working in the financial sector (accountants, financial planners, bankers, etc.) is able to get off their computers, abandon their cubicles, and contribute to the benefit of the people and the planet.
- No. More. Taxes!
- Reduction in stress—maybe no chronic stress!
- Pharmaceutical reps won’t push drugs to doctors (because they won’t exist).
- Health care will be based on wellness rather than profits.
- Don’t have to worry about getting fired.
- Everybody has what they need.
- The earth and the seas will no longer be plundered for profits.
- Kids learn by doing and have plenty of time to play.
- Children learn how to take care of the planet and how to make the most of renewable resources.
- The human species may have a chance at surviving on this planet…
It feels like a big challenge to take on… Abolishing the monetary system. But the beauty of it is that everybody will benefit from this new way of being in this world. Right now, most of us are toiling away to put money in the pockets of investors and bankers. We don’t need these “middle men,” i.e. the owners of profit-seeking corporations. As Tellinger points out, people create everything we need, not money. Money is worthless when icecaps are melting and water levels are rising. No money in the world can bring back extinct species. And money definitely doesn’t make us happier—quite the opposite.
Having enough, contributing to the greater good, playing, relaxing, spending time in nature, and loving makes us happy. That’s really all it takes. No money required.