An interesting suggestion but misses the inherent nature of value. The current economic system, already at the end of its road, based value on physical goods or natural resources in terms of scarcity. Hence the success of capitalism in terms of efficiently funding acquisition of resources and productions of goods with markets establishing relative pricing. We are now forced to focus on sustainability rather than growth and that cuts off the legs of capitalism as wealth, in capitalism, comes only from increased production and growth. We have been moving rapidly to a new economic model based on intellectual property which can work without capital, in its traditional form, and is not a zero sum process. At the same time automation via Machine Learning (that does not need to be overly intelligent) is reducing the cost of those things that are needed while assisting with recycling and sustainability. This is also breaking currencies (already fiat currencies) away from government control in favor of distributed cryptocurrencies via blockchain that are valued purely on their usability as intellectual properties and fixed quantity. This change is accelerating.

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Educator, CIO, retired entrepreneur, grandfather with occasional fits of humor in the midst of disaster. . .

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