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Trojans40's avatar

Should we replace our money to a new concept?

Asked by Trojans40 (991points) April 26th, 2011

All this money talk starting to irrate me. Can we just remove the system we have now, and change it to something else?

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14 Answers

lillycoyote's avatar

I don’t think so. What would we replace it with? I can’t think of a reasonably good alternative that wouldn’t be more trouble, less efficient and more cumbersome and awkward to use than having money.

HungryGuy's avatar

Yes. Let’s build robots and automated factories that anyone can requisition anything they want (within reason) and do away with money completely. 99% of all fraud and violent crime will vanish overnight. Occasional “crimes of passion” will still occur, but will be so rare as to be of little consequence to society. The only “work” that will be done will be by artists and musicians who do it for the love of it without copy protection or DRM.

lloydbird's avatar

@Trojans40 Yeah,ok. What do you suggest?

Seelix's avatar

Like what? How would the change be implemented? Are we talking worldwide or just in the USA?

jerv's avatar

Money itself isn’t the problem. It’s the stupid way in which we implement it. For instance, it takes money to make money, so hard work nets you far less than having large piles of money already.

What we need isn’t to do away with money, but rather to be less jack-assed about how we handle it. We need a system where money changes hands in proportion to the actual value of goods/services provided as opposed to speculation, price-gouging, and other malarkey.

ucme's avatar

Ahh, the good old days of bartering. “A pig for my Tv set? Are you mad? It’s worth the arse end of a cow at least, come on!”

Trojans40's avatar

I always have a thought about an ecomony related with time. For example you get paid this $$$ for the hour. Why not just remove the $$$ and simply say one hour of work equals one hour of work. It will have to become where each job is measure to degree of diffuculty. It just a thought, I haven’t really thought deeply on it.

@ucme I take the pig if i was selling a tv set anytime.

Just use your imagation. Use what you know. I like to see what the options we could go with instead of budget cuts and whipnots.

lillycoyote's avatar

@Trojans40 I actually have thought about this, no expert certainly and these are just my personal, relatively uneducated in the field of economics at least, but I just don’t see a reasonable alternative. With your hour for an hour scheme how would someone save for retirement or buy a car? How do you gauge the worth of an average doctor, say a completely average GP against a superior plumber? And how do you compare an hour of labor from this superior plumber against an hour of labor of an even more above average and superior pianist? And not everyone is paid by the hour. But, if we were how would we save and invest? You can’t save or invest or earn interest on “hours” but you can save and invest and earn interest on money. And how would we buy and sell things without money. Barter is really out of the question, I think. Certainly for somethings, in some circumstance, it still works but not on a massive, global scale for every transaction. There are who know how many hundreds of billions of transactions of all sorts, large and small, involving between two and who knows how many people, between individuals, between individuals and business and corporations, between corporations, between nations, how do we manage all that without money?

Trojans40's avatar

I am not asking to remove “money” but to replace it with a different kind of concept. They are all good questions, did the person that invented the paper dollar think of retirement and how to buy a car. Even the guy who invented the idea of Credit and the Dollar. When I first heard of it, I ask how they are connected in such any level. It easy to feel lost when we are talking about something that we don’t really ask ourselve to change.

jbsofine's avatar

This question makes no sense.

in my view, no whats wrong with the system now.

Trojans40's avatar

@jbsofine ever you every thought of a possible change with our money?

MasterAir16's avatar

@jbsofine – Yes there are problems in our money system; the money are useful for some of the crimes, for the example of crimes is drugs trading. IF we could replacement the money concept, it can be reduce the crimes of proverty and drugs.

I would like to say that we should use “card” that can transfer from your work hours and Difficult from workspace into card instead paycheck. The card can measurement your experience into purchase new items. My opinion if the possible to replace money to card concept system, it will cause our higher motive in workspace, lifestyle, and happier!

“The key to change… is to let go of fear.” -Rosanne Cash

MasterAir16's avatar

It’s tough to explain my logical ideas. but i tried my best to describe my thought about replace money to new concept.

jbsofine's avatar

Yes sure fine we can change our money but the new question is to what?

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