Interesting angle

[mightymanx]

http://www.youtube.com/watch?v=cAjFBsp__aE&feature=related

http://www.youtube.com/watch?v=yCJqP18gBlc&feature=related

http://www.youtube.com/watch?v=tdhklzlF3Dw&feature=related

http://www.youtube.com/watch?v=Q1a5MlHFJu4&feature=related

I like the background of "why". I don't particularly agree with the "way forward" I believe it has several flawed premises.

[Serpo]

http://www.youtube.com/watch?v=cAjFBsp__aE&feature=related

[vacuum]

Check out my sig for a real way forward, not some benevolent centralized planning way.

[mightymanx]

Check out my sig for a real way forward, not some benevolent centralized planning way.


Interesting but it does not fix the monetary system.

I don't think regressing to a barter system or a commune system is the way forward either.

It would help with making areas more self sufficient. but it also has flawed premises. Where do you buy and what do you use to purchase the hydraulic motors, engines, drill bits, nuts, bolts, screws, hinges, welding wire, and the formed steel, (you get the point)?

All those things need some kind of medium of exchange, so what do you use? The monetary system we have is fatally flawed. Usury is slavery how do we end that having some cool Lego villages is neat but how do you buy all that stuff in the current debt based system without being a slave?

[vacuum]

It doesn't address the monetary system at all. The only requirement for the monetary system would be that enough money would be available at the local level to facilitate commerce. The current system which trickles down from large government and corporate loans to the local level wouldn't work.

Also, the idea is that not absolutely everything is manufactured at the local level, but rather, a communities needs are able to be satisfied, for example food, clothing, housing, etc. The tools to create and maintain those tools may have to be gotten from high-tech or specialized places. I think of it like 100 or 150 years ago. You could fix your own wagon, make your own clothes, etc. You went into town to get shoes or get basic tools. You had to go into the city to buy a suit. For a state-of-the-art wristwatch, you might have to get it from New York or Europe. The idea applies here.

[mightymanx]

I agree and understand and I like the idea, but the root of the problem is usury and flawed monetary policies.

Without fixing the monetary system it will never be sustainable, so anything else done may or may not kick the can down the road but it will not fix the problem.

I dont particulary think that the OP video is the right way to do it either but it is still interesting and had lots of good "how we got here" stuff.

I personaly think a commodity backed market regulated currency is the ticket the only thing the government would do is regulate the standard of the currency. I also favor Ron Pauls idea of allowing comperting currencies, that way when one becomes corrupt you can vote with your wallet and shift.

[vacuum]

I agree that the monetary system is the most critical thing which needs to be addressed and is the primary cause of most issues we see today. You've got monetary systems, you got economic systems, and you've got political systems.

The monetary system dictates the economic system. The economic system (probably the monetary system as well) dictate the political system to a large degree.

We know the problem with the monetary system is two things: usury and fractional reserve banking. Central banks could be considered a secondary flaw. There is a limited amount we can do to change the monetary system other than opt out of using it as much as possible.

However, if the monetary system was what it should be, we can envision the type of economic system that would be created. While we wait for and work toward monetary change, we can develop the technology and prototype the economy we want, and implement it as much as possible. That way the slightest crack in the monetary system can quickly be exploited and the years of inertia of the present economy can be shortened a little bit.
Another thing to mention is that in case of economic collapse, this infrastructure will be ready to kick in.