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The term and meaning of a Resource-Based Economy was originated by Jacque Fresco. It is a holistic social and economic system in which all goods and services are available without the use of money, credits, barter or any other system of debt or servitude. All resources become the common heritage of all of the inhabitants, not just a select few. The premise upon which this system is based is that the Earth is abundant with plentiful resources; our practice of rationing resources through monetary methods is irrelevant and counterproductive to our survival.
By Tarlan IsaevThe term and meaning of a Resource-Based Economy was originated by Jacque Fresco. It is a holistic social and economic system in which all goods and services are available without the use of money, credits, barter or any other system of debt or servitude. All resources become the common heritage of all of the inhabitants, not just a select few. The premise upon which this system is based is that the Earth is abundant with plentiful resources; our practice of rationing resources through monetary methods is irrelevant and counterproductive to our survival.