This reminds me of Star Trek. (WAIT!!! Don’t go away yet! I promise that, even though I’m a geek, this is relevant and worth your time.)
To be honest, I had an easier time accepting everything else in Star Trek, the aliens, the phasers, the transporters, the mind-reading ship counselor, etc as plausible. I would get firmly slapped back down to reality when they mentioned the abolishing of money on Earth.
First of all, they never really explain how goods and services are fairly distributed on Earth with the absence of money. I mean, yes, many goods would be supplied by the replicators, but that doesn’t wash. Without even bringing up things that replicators can’t replicate (latinum, yamok sauce, dilithium, gold, and living organisms), built in safety protocols prevent them from making items like weapons and poisons; also, medicine (read: narcotics) can only be made by medical professionals with the proper ID code. Additionally, even if built very large, replicators supposedly can’t create complex stuff like shuttles and starships pre-assembled. There would be markets for these items, as they would be a scarcity. Logically, this would imply the prices demanded for these items in terms of services would have to be high, since any material substance, other than other impossible/prohibited items, would have no inherent value.
Although, that’s not the point. The point is that replicators were invented by the creators of Star Trek to remove the first law of economics: scarcity or the law of demand. Supposedly, there would be no need to manufacture anything. And they may be nearly right, putting aside the materials mentioned earlier. However, the maintenance of such machinery (Yes, replicators can self-replicate. But, carving and yanking it out of a solid wall and then replacing it with a new one is impractical. It is a waste of time and effort, which still have value.) and the creative services would asplode. The following explains it better than I could. I found it in the The Zeray Gazette:
“The higher and less obvious: patterns, designs, inventions. Dropping the cost of manufacturing to zero would do for tinkerers what dropping the cost of distrubution to zero (internet again) has done for writers. You wouldn’t see stagnation. You’d see an explosion. The internet didn’t leave us merely happy that we could finally get free porn and games. Perhaps for the first little bit, but then it turned tons of people into writers and public intellectuals who otherwise would have led private lives. So it would go with replicators. We might be content with the free food at first, but not forever. Soon we’d be giddy about the ability to design, say, our own working model train sets.”
If you could have any common object in any amount for free, you would eventually get desensitized to the sheer awe-inspiring nature of it. Don’t believe me? As The Zeray Gazette mentioned, a “poor” American is expected to have cable TV and air conditioning. People complain about waiting a few minutes on the runway instead of being thrilled by the miracle of flight. Louis C.K. touches on this phenomenon beautifully here in his interview with Conan O’Brien. The whole thing is being referred to by the phrase “Everything’s Amazing and Nobody’s Happy”. How much worse would this be with replicators?
“What!?!? I have to take my completely free designer Harley™ Jacket given to me instantaneously on request in black and red instead of black and orange? This thing is a piece of crap.”
If one can instantaneously have anything ordinary they want, then they will desire the EXTRAordinary. They will also be willing to trade services and/or some sort of illegal/foreign currency for it.
Secondly, the fact that various worlds within the Star Trek universe still had and used money makes this even more implausible. Given that individuals would desire the extraordinary, they would have access to hundreds of other worlds with an unimaginable number of exotic foods, services (read: prostitution), tourist destinations, celebrations, and goods expressly unique to them (read: foreign weaponry). If many of these worlds still had currency and charged for these things then that right there would be a drive to accumulate foreign money or prohibited items of value. Although not entirely appropriate to this point, it is arguable that one of the things that destroyed the USSR were images and hearsay of Western Decadence. Now Asia is having a similar problem. Very improbably a society devoid of currency could survive in a bubble. Surrounded by other capitalist worlds? Not a chance.
Thirdly, Entire categories of corporations and vocations exist only because money exists. Banking, tax preparation, stock markets, etc. The banks especially would NOT let this happen. Just look at the recent Supreme Court decision; they wouldn’t let someone with those inclinations into an important office. Secondly, does any really know how much gold is buried under Sweden? I don’t think even the Swedes know for sure. The people who own those numbered bank accounts aren’t going to let all the blood, sweat, and tears (especially blood) go to waste. Don’t think they will shy away from spilling more blood, and as much of it as they have to, to avoid it, either. Without one very MASSIVE war, I don’t see how those in power will be removed. I also don’t see how a world government eschewing the use of money could be set up after this massive war. Germany is still paying for WWI. I can’t imagine the shortages and demand for commodities of all kinds after a postmodern world war. (On a side note, if such a war does occur, I can only think of the war portrayed in David Brin‘s book, Earth. For those of you who haven’t heard of him, he was the one who wrote the book that the movie The Postman was based on, and, yes, the book is better. Anyway, Earth paints the haunting aftermath of world VS money quite chillingly.)
Fourthly and finally, there is land. You can’t replicate real estate; it is a finite property (no pun in ten did). The repairs to buildings need to be done. Unless you are going to evict everyone, tear down the building, and replicate a new one every single time it gets a dent. Granted, Location, location, location won’t matter quite as much since pretty much anywhere on the planet would be a transporter pad away. Regardless, it would still cost a relative fortune to live in a large metropolis (Paris, London, Los Angelos, etc). Not everyone can live on Avenue Princesse Grace, Monaco .
For all of these reasons and more, I have a difficult time buying a non-currency Star Trek (no pun in ten did, AGAIN!) in particular, and the abolishing of money in general.
Feel free to rip this to electronic shreds. You won’t hurt my feelings. :-D
-Dan
Other links discussing the apparent lack of currency in Star Trek and its plausibility, or lack thereof:
The Economics of Star Trek
Star Trek: How We Will Abolish Money
The Marxism of Star Trek
Star Trek and Money
The Political Economy of Star Trek
Eidelblog: Star Trek economics
The Federation:Economics