Is resource based economy communism?

The main difference between a resource based economy and communism is that the idea of communism itself is a theory of progression of a society, and many varying details have to do with exactly where a particular society is along that progression, and also how exactly it ends up at eventual, complete communism, or what …

Is resource based economy socialism?

A Resource-Based Economy does closely mirror socialism in many ways. However, if enacted, its citizens are educated about the perils of socialism and communism, so I hope that the RBE will expand into embracing ‘democractic’ values and have political bodies such as a Congress, i.e. representation.

What does communism do to the economy?

Communism has a centrally planned economy; it can quickly mobilize economic resources on a large scale, execute massive projects, and create industrial power. It can move so effectively because it overrides individual self-interest and subjugates the welfare of the general population to achieve critical social goals.

What is a communist based economy?

Communism, political and economic doctrine that aims to replace private property and a profit-based economy with public ownership and communal control of at least the major means of production (e.g., mines, mills, and factories) and the natural resources of a society.

How would a resource based economy work?

“A Resource-Based Economy is a system in which all goods and services are available without the use of any system of debt or servitude like money, credits or barter. All resources become the common heritage of all people, not just a select few. Money is a social convention, an agreement if you will.

Is the Venus Project socialism?

The Venus project looks like the opposite: lots of dreams for society, little thought on how to realize them. A brief look at their site The Venus Project makes clear this is a leftist and even socialist project.

How does a resource-based economy work?

“A Resource-Based Economy is a 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. This scarcity logic also applies to the quality of goods.

Is Russia a resource-based economy?

Since Russia has a resource-based economy, it depends most of all on the fluctuations of oil and gas demand and prices. Norway’s export of oil and gas forms 45% of total exports and more than 20% of the GDP.

What might be some problems in a resource-based economy?

The primary problem with a “resource-based economy,” is that humans don’t instinctively produce all the resources required to keep everyone alive and healthy, and the society in question advancing in a sustaining manner. That’s why various artificial economic systems were created.

What is need based economy?

It is a system in which all required resources are available without the use of money, credit, barter, or any other form of debt or servitude. It is not money that people need, but rather access to the necessities of life without having to appeal to a government bureaucracy or any other agency.

How is the Venus project resource based economy different than communism?

How is the Venus Project resource-based economy different than communism? The term and meaning of a Resource Based Economy was originated by Jacque Fresco. It is a holistic socio-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.

Which is the best definition of a resource based economy?

This is the latest accepted revision, reviewed on 17 December 2019. Not to be confused with the economical ideas proposed by The Zeitgeist Movement and The Venus Project. A resource-based or natural-resource-based economy is that of a country whose gross national product or gross domestic product to a large extent comes from natural resources.

Why is communism considered to be an evil?

Regardless of the fact that any sort of dictatorship in Latin America (or elsewhere) is evil. But one evil is regarded as more so because it is less familiar. For most Americans Communism is culturally incompatible.

Why was communism so bad in East Germany?

In 2009 Der Spiegel published an article which found half of East Germans were sympathetic to the former communist dictatorship. Today, 20 years after the fall of the Berlin Wall, 57 percent, or an absolute majority, of eastern Germans defend the former East Germany. “The GDR had more good sides than bad sides.

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