Watch videos with subtitles in your language, upload your videos, create your own subtitles! Click here to learn more on "how to Dotsub"

The Venus Project - Resource Based Economy (Repository)

0 (0 Likes / 0 Dislikes)
  • Embed Video

  • Embed normal player Copy to Clipboard
  • Embed a smaller player Copy to Clipboard
  • Advanced Embedding Options
  • Embed Video With Transcription

  • Embed with transcription beside video Copy to Clipboard
  • Embed with transcription below video Copy to Clipboard
  • Embed transcript

  • Embed transcript in:
    Copy to Clipboard
  • Invite a user to Dotsub
What is a Resource Based Economy? I'm sure you've all heard about it. But a Resource Based Economy is entirely different than anything that has ever existed in the past. Most decisions were made by kings, politicians, statesmen but nothing based upon resources. To better understand the meaning of a Resource Based Economy picture an island somewhere in the South Pacific. And you really want to know how many people can that island support and to what degree can the extravagance of the island be maintained. First, you have to know how much wood there is how much water, how much arable land. Once you do a survey of the resources of that island that can best be the method for determining how many people it will support. If the materials do not exist, you can only design a culture based upon the materials that do exist. You can only grow food based upon the arable land area and the water surrounding the island the fish, crustaceans, all the other things. And if you have an agronomist on your island or a series of them, they can advise you as what is best to grow in that tropical region. So you really need technical competence in order to arrive at decisions that make sense. You cannot arrive at decisions that make sense by consensus. By asking people what they want. You have to find out what the island has to offer. And that's what you can determine the future by. All other systems will fail. Politicians have opinions about everything and information about nothing in particular. Therefore you understand that the decisions are not made by the majority of people. They are made by the majority of people that have technical competence that have information in the areas you wish to excel in and methods of scientific scales of performance. If you have a million sincere people that have no technical competence I can assure you, nothing can be accomplished. So you have to ask the questions: Can we build a society of sustainability? If you have no information as to the availability of resources you cannot undertake such a project. Suppose you have a shortage of resources. That's the function of research labs: to make alternative materials that will substitute for lack of materials. Technicians do not tell you what to do or how to live. They merely carry out the function of designing elevators transportation units, bridges, housing systems. They do not tell people what to do, what to think or how to live. That's a mistake that most people make. They think that a Resource Based Economy has technicians that also tell you what lifestyle to use. No they don't. The resources determine that. All that the technicians do is build a system that can utilize those resources for the benefit of all the people involved. It has to be global. If it's not global, if you have most of the resources and most of the building equipment and most of the automated machinery and most of the arable land and most of the drinking water countries that do not have that will attempt to invade your country and take what they need. Every nation wants a piece of the pie. Keep that in mind. So, to the degree that you try to live a sustainable life to yourself will not work because other nations that lack material will invade you. In the rebuilding of cities throughout the world you have to consider how far those cities are from resources. That means available materials: concrete, steel reinforcement, etc. If the cities are near that source then it becomes more efficient to design the cities as systems operations, meaning that the city itself must meet the needs of the people that live there. We announce on television what is available and what is not available at the time and when it probably will be available. So the public has information of where to go to access whatever it is that they need. So people will have access to more things than they've ever had in a monetary system. More things and more opportunities will be available. All of the cities are designed to utilize the minimal amount of energy for maximum service. In that way, we conserve energy so that we can handle more people. There are people throughout the world that do not have access to high energy systems. We will be able to provide more for human need if we use efficiency. Naturally, if we fail to do that you can only take care of a limited amount of people. The Resource Based Economy has millions of slaves. But they are machines. And machines do repetitive boring and dangerous jobs. That's what the machines are for. They are not to put you out of work. If they can turn things out faster than you, we don't need you working. In fact we don't want you working in industrial plants. We want you to go back to school and study whatever you're interested in whatever you think you'd like to study whatever you feel you'd like to understand better. Unfortunately, money doesn't represent things in existence. If you set a value on every tree every inch of arable land, all the water and you printed money proportionate to the resources so that the money represents resources then it can have meaning, but today that is not accomplished. Although they may tell you that demand will really bring about these things. No, demand doesn't bring about the things. Available resources do. And if money doesn't represent available resources it has no basis for social management. When you live in a false society that bases its wealth upon money then that society itself will collapse eventually. Not because I say so. Because it's not based on physical referent. In a Resource Based Economy, where production and automation can turn out more goods and services there's no need to use money anymore. If you really wish to put an end to war, poverty hunger, territorial disputes you must utilize all the world's resources as the common heritage of all the world's people. Anything less than that will remain with the same problems that you've had continuously for centuries. Now you have to consider what I'm saying. The reason nations invade other nations is because of scarcity. When a few nations control most of the earth's resources you've got to have territorial disputes. No matter how many treaties you sign or laws you make if you don't declare all the earth's resources as the common heritage of all the world's people and bring all the separate nations together in one unified system - there is no solution other than that. And this is why we recommend the Resource Based Economy.

Video Details

Duration: 8 minutes and 28 seconds
Year: 2011
Country: United States
Language: English
Producer: The Venus Project
Director: The Venus Project
Views: 125
Posted by: ltiofficial on Aug 30, 2011

Jacque Fresco gives a definition of the concept of a Resource-Based Economy.

Note: This location contains only "official", fully proofread versions of the transcript & translations, whose sharing is encouraged. More will be added as they are completed at:

If your language is not yet represented here, consider helping these efforts by joining your language team at (LTI Forum).

Caption and Translate

    Sign In/Register for Dotsub to translate this video.