What separates you and me from the Walton family, Bill Gates, Warren Buffet, and every extremely wealthy person on the planet? Cash…specifically, the huge accumulation of cash. And with their huge accumulation of cash comes influence and control over an extraordinary portion of our finite resources.
Now imagine an economy where money no longer exists. We no longer compete to accumulate cash in order to access the resources we need to sustain ourselves and our families. If we all have the same claim on our finite resources, we all have an interest to make sure our access provides for a high quality, mutually fulfilling, and sustainable living condition. Individual accumulation of resources is no longer necessary because everyone will have all the resources we can use to reach our full potential.
From our birth, we will have full access to the complete body of human knowledge. We will be free to pursue our educational passions and select our vocations based solely on our highest aspirations. Human innovation is unleashed to the maximum potential because it is informed by the accumulation of human knowledge and unhindered by limited access to our finite resources. Since our quality of life will be a function of our total contributions, all of us will be motivated to add new contributions to improve our living conditions. Imagine how productive we each could be if we all worked in the field of our highest, well informed aspirations? But what about the wide range of mundane vocations necessary for modern living? This is the appropriate application for automated technology. By maximizing the use of automated technology to fulfill the myriad of mundane functions, each of us are free to turn our focus on the areas of our maximum contribution.
The latest innovations are no longer exclusive to those few who can afford to pay for it. All goods and services are provided to the highest level of quality and efficiency in order to maximize our contribution to our mutual well-being and minimize waste.
A successful life will no longer be measured by who accumulates more resources to themselves, but by who contributes most to the quality of life of the global community.