Happy Birthday to me now let's fix the economy!

Yep it was my birthday on the 15th... I'm a little late in getting this post out.

Two revolutionary methods that can be used as two evolutionary steps in an economy to a completely free society. The first example will focus closer to the economy that exists today and is far more conservative and less radical than the latter. I've condensed it down to show just what needs to be done.

The first is less ideal than the second but again, this is a huge evolutionary step towards a more harmoniously funtional world.

If you wish to continue an economy based on scarcity there are ways about making it work to a point where a society can still function with a much lower impact to the environment and a higher standard of living for all and even bolster a more cultural society. Basically it all comes down to eliminating corporate monopolies and placing the majority of business in a region into the hands of those who live in that region.

Companies such as KFC for example would be forcibly consolidated into the confines of the state from which it has originated and so would be the same for any similar company or corporation. All would be kept within the borders of the state of its origin. This would allow a competitive edge for anyone trying to open a small business this would also allow for an abundant amount of diversity, entrepreneurship and the growth of rich communities benefiting from the lack of competition from huge corporations.

What good comes out of such a company for our society anyway?

Written into law would also be something such as the use of local business resources to further development. Only if the requirements of a developing business cannot be supported by the state can it reach beyond to acquire such resources. For example a specific fruit is needed that only grows seasonally in another part of the world (though this could be managed by high-tech greenhouses) or if the amount of steel needed to build a factory (which, such an example would be a common case) exceeds what the state can provide.

Trading of goods will be changed as companies are no longer allowed to have business firms or manufacturing outside of it's country or state of origin. For example all of Nike would be consolidated to inside it's state of origin. International trade would be maintained online and no retail shops would be allowed to be built outside it's state of origin. This does not however mean, in the case of Nike, that something like shoe sale shops would disappear. A shop could choose to exclusively carry one product or carry several as many do.

With such an economic model, the horrid nightmare of such business like Wal-Mart or McDonalds, would disappear. Possibly to be replaced by similar businesses but at least such would be limited to operating at a local level. Further regulations would have to be passed so that such distributors do not monopolize the region from which they originated.

The second economic model may be considered "radical" by some but it is truly the best model until society reaches an understanding of a truly free economy in which nothing is tagged with an expense. In this model, the economy is based off of superabundance and uses a sort of bartering system. It also includes braking up the monopolies and corporations as discussed in the previous model.

Hemp is a product known by many but as for it's uses there are few that know it's truly unbridled potential. Hemp has so many uses that one can only mention their general fields in order to avoid a list spanning thousands of entrees: medicines, food, textiles, paper products, plastics, body care products, construction materials, livestock feed, nutrition, essential oils, etc.

An economy that runs on hemp is an economy based on superabundance, because what have all economies run on in the past? Rare and precious metals or items of scarcity, truly if we can design an economic model based on something that hinders us we can surely design one that eases our way of life.

Now how does one place value in an economic model of superabundance. I'm no economist, but I believe this is where the "barter" system comes into play. I placed barter in quotations because this isn't truly a bartering system, however you are trading good for other goods. How does this work? Hemp replaces paper in the printing system. The value of the hemp dollar is printed in the dollar itself. Since this is an economy of superabundance, things become very cheap and affordable. You would not need to carry around hundreds of hemp dollars in order to afford something like say a new bicycle. Since hemp is now a hyper production resource, the cost of producing such items with hemp material is substantially lowered therefore you pay next to nothing.

Some sort of phrase would be printed onto the dollar regarding its redeem-ability for goods relating to the product. Now it's difficult for me to say how such an economy would be regulated. Anyone can grow hemp, the dollar would perhaps be easily counter-fitted. It is hard for me to work out alone, some of the areas in which this economic model would function perfectly, but I'm certain there are minds out there that can make this possible.

I assure you that both these models are entirely possible and all that is required is for people to first believe that it is and start talking about it. An economy based on superabundance. Thank you for reading.