We need money to pay for shelter, we need money to pay for our food, we need money to pay off our bill s, we need money to pay for medical aid.
I could go on and on. Basically, money is one of the most important things in our life.
Though many of us may feel that money does not carry any value, there is the Fractional Reserve Interest, a technique by which banks create legal, non-existent money. If we simply remove money, the whole world will end up suffering a financial crash much more dangerous than the Great Depression of 1920-30. Also, in the barter system that we used to have earlier, the reason man stopped using it was because it becomes a problem when you try to obtain something that the provider has in abundance and thus you must rely on a third party to act as a middleman to fulfill the provider with something he/she does not have. Thank You!
People in power and those who are rich (even if they are "fiscally liberal") will not want to let go of that, and people who are poor will have no way of becoming equal to those who have more now if we just got rid of money immediately. Getting rid of currency would make it so less people will have to/want to work, and our world would not properly work anymore or be able to move forward. Innovation would no longer exist and companies would not be able to give products we need to keep moving on further in the progressive world we live in today. If you want to take a step backwards, then just gather a group of people and do what Pol Pot tried to do in Cambodia (and see how that all works out for you).
So far, I have found a grand total of one argument on the 'no' side, which states that we should use barter instead. Well, there is a reason that barter is no longer used, and it is this: money acts as a helpful medium between selling things and buying things; so that instead of, for instance, trying to find someone buying apples AND selling shoes, you can find two different people: one who wants to buy apples and one who wants to buy shoes. This is substantially easier, and is the reason that money exists.
A debate on communism, however, would be much more interesting, and I'll put out my first argument in favor of capitalism: Innovation. In communism, there is no incentive to innovate -- you don't get anything more for creating a genius new invention, while in capitalism you clearly do.
We can trade like the olden days! They got along just fine! Did they use money? No! So why should we use money? Money ruins us. It makes us greedy people. We should not have money. We are better of without money. What do you prefer: Greedy humans or Happy humans?
The current monetary system in western countries is totally broken with all the bad debts and unrealistic stock market futures which is out of touch with reality and news. Excessive greed at the top 1% and massive income inequality.
Greedy unrealistic lazy older fat cat bosses and tech replacements No job security for younger workers, Global wide competition, Tech automation replacing good paying jobs. In office corporate worlds, Excessively greedy old rich fat-cat bosses with too high expectations on their employees, Creating extreme work pressure with unpaid overtime and very high staff turnover rate, While abusing low-paying internship and offshore consultancy. Workers have put in all the extra efforts with unpaid overtime in weekends and late shifts, But workers STILL get fired or laid off due to company restructuring or whatever excuses the greedier bosses decides on.
There is no wonder why birth rates are continuing to decline in developed & more educated western nations. Its a race to the bottom.
If this continue, Be prepared for the decline of human society in the world. (Hopefully more peaceful than the world wars eras)
Very well put . . . . . Although id like to add that it is mans folly that made money and it is not here for a reason - - - ask your self - why did the World Wars start . . . You will eventually come to greed of money . . One of the main reasons Germany rebelled was because they had to PAY for the damage that wouldn't have happened if we didn't have money......