Capitalization is the bane of human civilization. Since the Bretton-Woods system was dismantled, we have come to accept a financial system where a few bearer currencies like the Dollar/Euro/Pound exercise an imperialistic hold. The value of these currencies has only become higher vis-a-vis the currencies of other countries. This has led to countries with bearer currencies increasing the debt for the rest of the world.
This has ostensibly led to an inflationary effect where poorer countries have continued to become poorer while the richer countries have been rewarded with true abundance at their expense. It is this solemn disparity that has led to blemishes and cracks appearing in the world economy.
It is undoubtedly a blatant monopoly that exists beneath the surface; a simmering potpourri of industrialists, elected representatives to facilitate an illusory curtain of democracy. One that lurks beyond the tools of manipulation, deceit and manufactured propaganda.
The current model has ostensibly led to a global oligarchy. This is where the idea of a resource based economy holds enormous potential. The idea behind it is the more equitable distribution of wealth and a greater access to opportunities en masse.
It is not money that people require but instead access to most of their needs without being bogged down by financial security or having to depend on the government extensively. The resource based economy idea postulates a new world order of true holistic abundance.
A great example of such a resource is attention. It is something that most digital platforms endeavor to monopolize and profit from. Now, the questions that one has to ponder upon are is a resource based economy practical? Is true abundance possible? Is the extant world financial system bringing to the a fore a greater problem? How do we break free from the matrix of deception and propaganda?
According to the latest news of Bitcoin, the crypto is languishing at the $3,638.74 mark.
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