Have you heard of Freeconomy?

July 7, 2008 2:00pm CST
Has anyone else on here heard of freeconomy and if so what do you think about the ideas behind it? They did a piece on it on BBC 1 last Sunday and i noticed the registration numbers seemed to fly up in recognition of the project. Do you ever wish we could just remove the monetary element from society and lessen the social and material impact that the modern world's politics and disruption causes? I'm aware there are other similar schemes both here in the UK and abroad. Is anyone else a part of one of these and do you have experiences to share. (First discussion i've created and i realise it could be one that makes people think so it'll probably get less responses than those silly "what is your fave color" ones) Hope you all have a great day Matt
2 people like this
3 responses
@p1kef1sh (45640)
11 Jul 08
My favourite economy is a free one! But is that an economy at all? Great in theory, but how would it work on a global scale? In theory all money is is tokens that let us know that our labour or products have a value. Unfortunately western society has become so accomplished at manipulating money that we now see it as an entity all of its very own. I applaud the idea of a Freeconomy especially the concept that we can use our skills to help each other and make a fairer society. However, I can see parallels with extreme socialism and communism and we know that those systems breed corruption and an imbalance of power. I can think of one very good example of how a free economy might work. Close to where I live there is a farm that was derelict. A group of people bought it and started to farm it in a small scale manner. All the local villagers were asked if they would like to participate exchanging their skills for produce. The farm quickly found its balance, not all villagers opted in, and it is able to grow sufficient food to enable its members to be rewarded with vegetables and sell the very small surplus.
@Wizzywig (7859)
7 Jul 08
I hadn't, so I just did a search. It seems like an ideal solution to a lot of economically based problems. So many people have skills which are going to waste; so many tasks need doing but there isnt enough 'money' to pay for the labour. Its sort of going back to the time when we had 'neighbours' rather than just people who live near us. With increased consumerism, we've probably become more possessive and territorial with not only our material belongings but with our time and emotions. Consequently, we have become more isolated. (I only had a quick look so I may not have grasped the concept correctly - these are just my initial thoughts) Good discussion !
@cream97 (29166)
• United States
7 Jul 08
No, I have never heard of this before. It is worth looking into, though.. I will look into this. Thanks!