A New Currency

The New Currency

The New Currency would be based instead of on a material (gold) or a market of some sort would be based on concepts. These concepts would be goodwill, altruism, and positive advancement. Instead of seeking to make the old concept of a profit, businesses and occupations would attempt to make a profit in the New Currency by providing products and services that benefit and/or positively benefit mankind and his habitat. The more the company or self-employed occupation benefited mankind, the more currency the entity would receive. The less the entity benefited mankind and his habitat, the less the currency. For instance, a company strip mining the Earth or selling cigarettes would not be benefiting mankind or his habitat at all and would make no currency. This currency could then be used to make the entity’s profit and be used as the currency for the exchange of labor with its workers. As part of its benefiting mankind measurement, the employer/employee relationship would not only be seen as a trade of services for goods, but as a service provided by the employer to the employee (jobs) and as a service provided by the employee to the employer (labor). Perhaps this could be the basis of profit for both entities (employer and employee) rather than having to distribute the employer’s currency to the employed. This would be so as both would be providing services to each other for the ultimate goal of the organization being able to benefit humanity. This could also work on the organization-supply vendor relationship in a very similar fashion. Thus all parties would be automatically awarded currency.

The end result of all of the above would be to provide for the benefit of mankind and his habitat as well as mankind’s advancement while providing an incentive to do so. Such a system would eliminate poverty and inequity because all essentials of life would be automatically provided by the system. The New Currency would be a much fairer, more equitable, and a more just economic system then the present version of capitalism were money is placed above what is right by the greedy and the powerful.

The New Currency would be called a credit. Each credit would be worth 100 units. The New Currency would have no physical manifestation, just a nonphysical account for each person.

The New Currency would also ensure the no products or services cost anybody anything as the New Currency is collected by the whether or not the products and services benefit mankind and his habitat and/or advance mankind and how often this products and services are provided. Currency is not made by an exchange of currency for a product.