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A modern economy circulating products and services throughout the world doesn’t need money or sovereign countries (national currencies) to be successful. Today, we’ve the scientific knowledge and technological skills to convert our natural and artificial resources into daily life-sustaining deliverables: food, housing, education, healthcare, infrastructure, and employment demands. What we lack is unity, a global framework built upon fair and humane laws and safe and healthy industrial practices. I hypothesize that humanity can end poverty and reduce pollution by abandoning wealth and property rights, and instead adopt and implement an advanced resource management system that can provide “universal protections for all”. Replacing customary political competition altogether, this type of approach, which I named facts-based representation, allows us a better way to govern ourselves and our communities, basing policy and decision making on the latest information, in turn improving the everyday outcomes impacting our personal and professional lives.

#scientificsocialism

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Aug 25, 2023Liked by Dr. Abdullah Al Bahrani

Maybe similar - but I'd also say that the value of benefits is subjective (this is probably captured by 'social'). But in order to make benefits outweigh costs, the framing of the value of certain benefits would need to be changed (for example, taking vacation at work at some places is seen as a negative social behavior - if we change the framing, the benefits can go up).

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