Economy

The success of the Living Universe Foundation depends on a global structure that collaboratively focuses on long-term solutions. Our current economy is exactly the opposite, promoting borders and short-term profit. Rather than focusing on our similarities, we focus on our differences. Even if these self-imposed limitations are not enough reason to make a shift in our world view, the growing social inequality and environmental destruction will eventually make change inevitable.

A New Direction

We cannot remain prosperous if we continue to operate in an economy based on scarcity. Technology is capable of creating abundance, but from today's economic perspective, that is a negative thing. Just think, for example, how many tire manufacturing and service companies would collapse if a tire was made that could last ten times longer than what's currently available. If that happened, there would be no profit in that industry. Jobs would be lost and the health of the economy would be damaged.

Now imagine what would happen to the oil and gas companies if abundant, renewable energy was discovered. Many companies would vanish overnight. As the energy industry is a key economic driver, imagine how negatively that would affect our economy.

Our current economic model is incomplete. Never before has an economic system existed that is capable of dealing with key resources running out, key resources and products becoming abundant, and the effects of technological unemployment. Our economy is outdated. In order to achieve our full potential, we must learn to advance our economy at a pace equal to our technology.

It is likely that the economies of the future will evolve into a hybrid of several systems. Below are two possible systems humanity could move towards. (click on each title to expand)

Order Through Collective Chaos
Order Through Data

Moving Forward

It is not clear what the social and economy systems of the future will look like. What is clear is that there is a growing desire to create a system worthy of humanity. This is risky business, as under the traditional land-based city structure, testing new economic models is nearly impossible. To properly pilot such a system, the testing environment must be isolated from other systems. It would not be possible, for example, to test a money-free system that relies on imports from currency based economies.

Aquarius and all other colonies, by their very nature, are perfectly suited to act as self-sufficient populations. By testing various social and economic systems in these colonies, humanity will avoid the pitfalls that have plagued previous socio-economic evolutions. Before any large-scale transition is attempted, any problems in the proposed system will have been identified and ironed out in a real-world environment.