3
$\begingroup$

In the future will money / trade system will diminish and everything will be free .

i.e all humans contribute to society in one way or another and in turn take what ever they want from society and everything is free.

Also all humans will become responsible and also no human will be greedy and won't store anything for themselves .And learn it give up anything .

Will such a system come to existence and will it survive ,what are the steps to make this system happen ?

What are the steps taken by government to help this system come into existence ?

Improve this question
$\endgroup$
32
  • 4
    $\begingroup$ Utopia, communism, anarchy are all possible answers to this question. What exactly are you looking for? $\endgroup$
    – L.Dutch ♦
    Commented Feb 9, 2017 at 6:39
  • 4
    $\begingroup$ Why on Earth (or off it :-)) would you think this would happen? There was a guy by the name of Karl Marx came up with this idea a while back. Some people tried to implement it, but discovered it didn't work all that well. See history of the 20th century. $\endgroup$
    – jamesqf
    Commented Feb 9, 2017 at 6:53
  • 4
    $\begingroup$ @jamesqf Somebody tried to implement Marx's ideas in the 20th century? What a surprise! There were two experiments in State Capitalism in the totalitarian Soviet Union and China which disguised this with Marxist doctrine. They failed, thus demonstrating State Capitalism doesn't work. Marx wasn't a Marxist & his ideas were different from those as practiced. Old Karl would have been horrified about what done in his name. $\endgroup$
    – a4android
    Commented Feb 9, 2017 at 8:53
  • 2
    $\begingroup$ The capitalist system depends on a shortage of products & services. When Star Trek like replicators are invented and robots that can do most of the jobs, there won't be much work left or nothing left to trade and capitalism will lose its relevance. That's not to say there will be nothing left to do - most of it will be creative work, but no one will have any money to pay the creative people. With all the boring / menial jobs being done by robots, people will turn to interesting ones like hobbies. This could result in a cultural shift that would make us value our contributions to society. $\endgroup$
    – komodosp
    Commented Feb 9, 2017 at 11:21
  • 2
    $\begingroup$ @jamesqf: to be fair; if you have spaceships and replicators, there really IS enough of everything to go around. They can disassemble the entire solar system, just to support one little planet. As long as you are content with living on Earth, you can have all the goods you want. $\endgroup$
    – Erik
    Commented Feb 9, 2017 at 19:30

1 Answer 1

Reset to default
3
$\begingroup$

Trade

Trade cannot disappear, because it is essential for civilized life. Man is born naked and helpless, and in order to thrive he needs nurturing, education, shelter, food, clothes, and so on. In order to satisfy his needs, man trades goods and services for other goods and services. Even some animals do it. There is no way to do away with trade without reducing man to the life of a mindless beast.

Money

Money was invented in order to facilitate trade. Without money, trade takes by necessity the form of barter, where goods and services are exchanged directly for other goods and services. (See this answer for a more detailed account.) Money was used since ancient times as a universally accepted medium of exchange, in order to eliminate the complexities of barter.

In the future this may not necessarily be necessary anymore.

Marvin Minsky, one of the legendary figures in Artificial Intelligence research, hypothesized that with the development of IT, there may come a future when

With fast computers and huge memories, we could have a nonlinear database that would better understand what each person has and wants. Then, by using complicated game theory-related computations, it might turn out that in general everyone would get more (in terms of their personal values) for the goods that they are willing to “sell”.

(See for example here and here.)

He was quick to add that

I don't think anyone will care that much--at least in the distant future, because once the intelligent robots come, we could all be as wealthy as kings.

Improve this answer
$\endgroup$
2
  • 1
    $\begingroup$ Many species of animal, and carnivores in particular, are helpless at birth and require various kinds of nurturing. This does not mean that lions, whales or kangaroos have what we would recognize as an "economy" in order to tend to their young. $\endgroup$
    – user
    Commented Feb 9, 2017 at 10:09
  • 1
    $\begingroup$ @MichaelKjörling Chimpanzees pick bugs off each other. Would that be considered a trade? $\endgroup$
    – user31746
    Commented Feb 9, 2017 at 11:15

Not the answer you're looking for? Browse other questions tagged .