馃攳
What If Money Didn't Exist? - YouTube
Channel: What If
[4]
imagine no possessions I wonder if you
[8]
can what would a world without money
[11]
look like would society be better off
[14]
would it eliminate greed or hunger would
[18]
we be happier how would you get the
[21]
things you need this is what if and
[25]
here's what would happen if we had no
[26]
money dollars cents savings debt like it
[33]
or not this is our society today but it
[35]
wasn't always that way several thousand
[38]
years ago we were a species of hunters
[40]
and gatherers tracking foraging keeping
[43]
only what we could carry but along the
[45]
way we started experimenting with
[46]
agriculture and learned how to grow our
[49]
own food we stopped moving and settled
[51]
down forming organized communities life
[54]
got easier but we still wanted more than
[56]
we had so we began to barter
[61]
fast-forward a few thousand years to the
[63]
first minted coin in 600 BC
[65]
cash became king and today money still
[70]
does the talking so what would you say
[72]
if the world suddenly went broke
[75]
understandably it isn't easy to imagine
[78]
a world without money so we went ahead
[80]
and did the hard work for you one thing
[82]
is certain looting and crime would
[84]
skyrocket humans have needs we get
[86]
hungry we get cold we get jealous law
[89]
and economy normally keep these drives
[91]
in check determining what we can afford
[93]
and what we can get away with but
[95]
suddenly everything has lost its value
[97]
and whoever's job it is to watch the
[100]
goods or maintain order no longer has an
[102]
incentive to do so
[103]
no one wants to work for free without
[105]
paychecks we lose important services no
[108]
police no fire department no doctors no
[110]
military and what about technology power
[113]
isn't free
[114]
neither is running water definitely not
[116]
gasoline and ditto for cell service and
[119]
the internet so our world would be
[121]
thrown into a dark anarchic chaos in
[124]
this survival of the fittest scenario
[126]
gun owners would fare the best and it
[128]
would be in their best interest to band
[130]
together to claim a greater share of
[131]
resources at lower risk with humans
[135]
forming into factions we can already
[137]
begin to see a repetition of early
[138]
seventh airy societies the streets would
[141]
no longer be safe you'd have a high
[143]
chance of being ambushed and anything
[145]
worth taking would likely already be
[147]
under armed watch so humans would
[149]
establish stationary communities in
[151]
fortified positions they may send teams
[153]
out to raid nearby communities or
[155]
established partnerships with neighbors
[157]
we'd have to re-establish the barter
[159]
system only it's harder to do in modern
[161]
society early civilization had fewer
[164]
commodities making fair trade easier but
[167]
since we're used to so many different
[168]
goods and services it might be difficult
[171]
to establish a proper exchange rate it's
[173]
not simply a matter of trading apples
[175]
for oranges is a Granny Smith worth as
[177]
much as a blood orange what if your
[179]
apples organic and the orange is GMO
[181]
what protections would we have against
[183]
counterfeit goods and how can just save
[185]
for the future if everything in the
[187]
market has a shelf life these are only
[189]
some of the concerns that we've more or
[190]
less resolved since the introduction of
[192]
currency but maybe a world without
[194]
currency would be an opportunity to
[196]
restructure our society
[201]
today we produce enough food to feed
[203]
everyone yet people still go hungry and
[205]
there's enough shelter for all of us to
[208]
sleep soundly yet some of us are
[210]
homeless without money we might learn to
[212]
be comfortable with less without
[214]
fortunes there'd be fewer less
[216]
fortunates we might enjoy working freely
[218]
for a greater good of course a better
[220]
world doesn't have to be a what-if
[222]
scenario through trade we've learned to
[225]
cooperate and when hard work pays off
[228]
were encouraged to innovate the
[231]
challenge then is to improve upon the
[233]
existing system and empower more people
[236]
within it do you think we can do it
[238]
where should we start a penny for your
[241]
thoughts and pay it forward
[248]
you
Most Recent Videos:
You can go back to the homepage right here: Homepage