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If the controversy over genetically modified organisms (GMOs) tells us something indisputable, it is this: GMO food products from corporations like Monsanto are suspected to endanger health. On the other hand, an individual’s right to genetically modify and even synthesize entire organisms as part of his dietary or medical regimen could someday be a human right.
The suspicion that agri-giant companies do harm by designing crops is legitimate, even if evidence of harmful GMOs is scant to absent. Based on their own priorities and actions, we should have no doubt that self-interested corporations disregard the rights and wellbeing of local producers and consumers. This makes agri-giants producing GMOs harmful and untrustworthy, regardless of whether individual GMO products are actually harmful.
Corporate interference in government of the sort opposed by the Occupy Movement is also connected with the GMO controversy, as the US government is accused of going to great lengths to protect “stakeholders” like Monsanto via the law. This makes the GMO controversy more of a business and political issue rather than a scientific one, as I argued in an essay published at the Institute for Ethics and Emerging Technologies (IEET). Attacks on science and scientists themselves over the GMO controversy are not justified, as the problem lies solely with a tiny handful of businessmen and corrupt politicians.
An emerging area that threatens to become as controversial as GMOs, if the American corporate stranglehold on innovation is allowed to shape its future, is synthetic biology. In his 2014 book, Life at the Speed of Light: From the Double Helix to the Dawn of Digital Life, top synthetic biologist J. Craig Venter offers powerful words supporting a future shaped by ubiquitous synthetic biology in our lives:

“I can imagine designing simple animal forms that provide novel sources of nutrients and pharmaceuticals, customizing human stem cells to regenerate a damaged, old, or sick body. There will also be new ways to enhance the human body as well, such as boosting intelligence, adapting it to new environments such as radiation levels encountered in space, rejuvenating worn-out muscles, and so on”

In his own words, Venter’s vision is no less than “a new phase of evolution” for humanity. It offers what Venter calls the “real prize”: a family of designer bacteria “tailored to deal with pollution or to absorb excess carbon dioxide or even meet future fuel needs”. Greater than this, the existing tools of synthetic biology are transhumanist in nature because they create limitless means for humans to enhance themselves to deal with harsher environments and extend their lifespans.
While there should be little public harm in the eventual ubiquity of the technologies and information required to construct synthetic life, the problems of corporate oligopoly and political lobbying are threatening synthetic biology’s future as much as they threaten other facets of human progress. The best chance for an outcome that will be maximally beneficial for the world relies on synthetic biology taking a radically different direction to GM. That alternative direction, of course, is an open source future for synthetic biology, as called for by Canadian futurist Andrew Hessel and others.
Calling himself a “catalyst for open-source synthetic biology”, Hessel is one of the growing number of experts who reject biotechnology’s excessive use of patents. Nature notes that his Pink Army Cooperative venture relies instead on “freely available software and biological parts that could be combined in innovative ways to create individualized cancer treatments — without the need for massive upfront investments or a thicket of protective patents”.
While offering some support to the necessity of patents, J. Craig Venter more importantly praises the annual International Genetically Engineered Machine (iGEM) competition in his book as a means of encouraging innovation. He specifically names the Registry of Standard Biological Parts, an open source library from which to obtain BioBricks, and describes this as instrumental for synthetic biology innovation. Likened to bricks of Lego that can be snapped together with ease by the builder, BioBricks are prepared standard pieces of genetic code, with which living cells can be newly equipped and operated as microscopic chemical factories. This has enabled students and small companies to reprogram life itself, taking part in new discoveries and innovations that would have otherwise been impossible without the direct supervision of the world’s best-trained teams of biologists.
There is a similar movement towards popular synthetic biology by the name of biohacking, promoted by such experts as Ellen Jorgensen. This compellingly matches the calls for greater autonomy for individuals and small companies in medicine and human enhancement. Unfortunately, despite their potential to greatly empower consumers and farmers, such developments have not yet found resonance with anti-GMO campaigners, whose outright rejection of biotechnology has been described as anti-science and “bio-luddite” by techno-progressives. It is for this reason that emphasizing the excellent potential of biotechnology for feeding and fuelling a world plagued by dwindling resources is important, and a focus on the ills of big business rather than imagined spectres emerging from science itself is vital.
The concerns of anti-GMO activists would be addressed better by offering support to an alternative in the form of “do-it-yourself” biotechnology, rather than rejecting sciences and industries that are already destined to be a fundamental part of humanity’s future. What needs to be made is a case for popular technology, in hope that we can reject the portrayal of all advanced technology as an ally of powerful states and corporations and instead unlock its future as a means of liberation from global exploitation and scarcity.
While there are strong arguments that current leading biotechnology companies feel more secure and perform better when they retain rigidly enforced intellectual property rights, Andrew Hessel rightly points out that the open source future is less about economic facts and figures than about culture. The truth is that there is a massive cultural transition taking place. We can see a growing hostility to patents, and an increasing popular enthusiasm for open source innovation, most promisingly among today’s internet-borne youth.
In describing a cultural transition, Hessel is acknowledging the importance of the emerging body of transnational youth whose only ideology is the claim that information wants to be free, and we find the same culture reflected in the values of organizations like WikiLeaks. Affecting every facet of science and technology, the elite of today’s youth are crying out for a more open, democratic, transparent and consumer-led future at every level.

By Harry J. Bentham - More articles by Harry J. Bentham

Originally published at h+ Magazine on 21 August 2014

By Jason Abbruzzese

Mars

An experimental engine is gaining acceptance among scientists, and could introduce a new era of space travel — it only had to break a law of physics to do so.

The picture, below, is of the EmDrive. It uses electricity to generate microwaves, which then bounce around in a closed space and generate thrust. The drive does not need propellant, an important part of current space-travel mechanics.

Read more

Astrophysicists like Robert Nemiroff have shown, using Hubble photographs, that quantum foam does not exist. Further, the famous string theorists, Michio Kaku, in his April 2008 Space Show interview stated that string theories will require hundreds of years before gravity modification is feasible.

Therefore the need to fund research into alternative propulsion technologies to get us into space cheaper and quicker. We can be assured that such space technologies will filter down into terrestrial technologies.

This video explain how this can be achieved and the benefits of doing so. The two organizations that are actively engaged in this endeavor are Propulsion Physics, Inc. and the Xodus One Foundation.

Please make donations through this link, <a href=“http://xodusonefoundation.org/wordpress/donation-page/” target=“_blank”>http://xodusonefoundation.org/wordpress/donation-page/</a>

Thank you for you funding efforts.

By Neil J. Rubenking — PC
Black Hat 2014 Venue
The trainings component of the 2014 Black Hat USA conference in Las Vegas has already begun. Press folk aren’t invited for trainings, but SecurityWatch will be there to cover the briefings Wednesday and Thursday. The briefings can be shocking. In past years, researchers revealed a technique to pwn any iOS device using a gimmicked charger, described a technique for mining your Twitter feed to create convincing phishing emails, and demonstrated an Android weakness that would allow hackers to Trojanize an Android app undetectably. And those were all part of the relatively sedate Black Hat; things get even hairier at the wild and woolly DefCon that follows.

The world’s best hackers flock to these conferences, people who live and breathe security and hacking. They don’t stop trying to hack all the things just because they’re at a conference. In fact, DefCon features a “Wall of Sheep” to publicly shame any attendees careless enough to get hacked. If you’re attending, you’ll want to crank up your paranoia and be as careful as possible.

Read more

Three life-saving truths are shunned by all grownups to date:

T 1 – The “Mandela Planet” can be implemented to date

Everyone is aware that planet-wide elections are no problem to hold in our time. The resulting world constitution will contain a safeguard that protects the status quo of the privileged countries for a limited length of time in the footsteps of the South African constitution. So the world constitution poses no risk to the mighty while war and cruelty suddenly are a thing of the past.

T 2 – An “Offer of Reunification to Israel” can be made by Germany to date

The Palestine conflict then suddenly belongs to history while the sea of tears can at long last flow. Paying the Palestinians full recompense for their lost territory is part of the offer. Today’s inhabitants of Germany are ready to return to Anne Frank her German citizenship – and along with her to her once German speaking people. The gesture is what counts, acceptance is another matter.

T 3 – A U.N. order for CERN to “Renew their 6 years old safety report” can be issued to date

Alarming scientific results have accrued in the literature during the past six years – evidence no company could afford to ignore. The nightmare of the planet being at risk of getting shrunk to 2 cm in the impending future cannot be allowed to go on (see “Honey I shrunk the Earth”). Search for a counter-proof is a planetary duty. Six years without safety report dwarf the Manhattan project.

The Three Truths

are wished to come true by every child because children harbor an unlimited trust in the grownups. The children cannot understand the global lack of action on their behalf. No child objects to being loved. Only the adults find it an embarrassing task to show affection. The grownups are no longer used to being deeply loved – unless they have young children. Allow me to turn to you, my dear grownup friends, in the children’s name with the three heart-warming truths T1 to T3.

032

OTTAWA CITIZEN: Ottawa jihadi seeking ‘martyrdom’ with ISIS in Syria http://ottawacitizen.com/news/local-news/ottawa-jihadi-seeki…s-in-syria

POPULAR SCIENCE: Why Are Israeli Startups Leading The Tech World? http://www.popsci.com/article/technology/why-are-israeli-sta…tech-world

SECURITY AFFAIRS: Foreign hackers stole Flight MH370 data from investigators http://securityaffairs.co/wordpress/27693/hacking/hackers-st…-data.html

ISIS Is Entering U.S. Through Our Open Southern Borders http://www.nowtheendbegins.com/blog/?p=24453

TECH TIMES: New satellite images show rapid decline of ice sheets in Greenland, Antarctica http://www.techtimes.com/articles/13633/20140822/new-satelli…ign=buffer

BLOOMBERG: China Said to Consider $16 Billion EV-Charging Fund http://www.bloomberg.com/news/2014-08-26/china-said-…nding.html

MORE HACKERS. COMPUTERWORLD: Shadow cloud services pose a growing risk to enterprises http://www.computerworld.com/article/2598551/malware-vulnera…rises.html

POPULAR SCIENCE: Hypersonic Gliders, Scramjets, And Even Faster Things Coming To China’s Military http://www.popsci.com/blog-network/eastern-arsenal/hypersoni…ing-chinas

POPULAR SCIENCE: What Will Wisconsin Look Like In The Future? http://www.popsci.com/article/science/what-will-wisconsin-lo…ign=buffer

PLOS ONE: Transcriptomic Analysis of Tail Regeneration in the Lizard Anolis carolinensis Reveals Activation of Conserved Vertebrate Developmental and Repair Mechanisms http://www.plosone.org/article/info%3Adoi%2F10.1371%2Fjournal.pone.0105004

BANK INVESTMENT CONSULTANT: Dementia: The Growing Retirement Risk http://www.bankinvestmentconsultant.com/news/client/dementia…gination=1

WALL STREET JOURNAL: Changing Corporate Culture Is Hard. Here’s How Lenovo Did It. http://blogs.wsj.com/digits/2014/08/26/changing-corporate-cu…ign=buffer

SECURITY WEEK: Personal Details of 27 Million South Koreans Stolen by Hacker http://www.securityweek.com/personal-details-27-million-sout…len-hacker

WASHINGTON POST: For sale: Systems that can secretly track where cellphone users go around the globe http://www.washingtonpost.com/business/technology/for-sale-s…ingtonpost

REUTERS: Google buys video-processing service provider Zync Render http://www.reuters.com/article/2014/08/26/us-google-deals-id…nologyNews

SCIENCE DAILY: Scientists grow an organ in an animal from cells created in lab http://www.sciencedaily.com/releases/2014/08/140825100049.htm

HUFF POST: Bill, Melinda Gates Donate $1 Million To Gun Control Campaign http://www.huffingtonpost.com/2014/08/25/bill-gates-gun-control_n_5711529.html

INTERNATIONAL BUSINESS TIMES: Hypersonic Weapon Developed by US Military Explodes After Lift-Off Due to ‘Malfunction’ http://www.ibtimes.co.uk/hypersonic-weapon-developed-by-us-m…on-1462544

INTERNATIONAL BUSINESS TIMES: Could Microsoft’s DeLorean System Change Cloud-Game Streaming? http://www.ibtimes.co.uk/could-microsofts-delorean-system-ch…ng-1462678

INTERNATIONAL BUSINESS TIMES: Cyber Threats Hiding in Plain Sight: How to Protect Your Business http://www.ibtimes.co.uk/cyber-threats-hiding-plain-sight-ho…ss-1460397

INTERNATIONAL BUSINESS TIMES: Facebook Cracks Down on News Feed ‘Click-Bait’ http://www.ibtimes.co.uk/facebook-cracks-down-news-feed-click-bait-1462644

INTERNATIONAL BUSINESS TIMES: Lockmakers Beware: 3D-Printed ‘Bump’ Skeleton Key Can Crack High Security Locks http://www.ibtimes.co.uk/lockmakers-beware-3d-printed-bump-s…ks-1462688

MICROSOFT: Quantum Computing 101 https://www.youtube.com/watch?v=jg8iCnQTLfM#b07g29t20w14

YAHOO FINANCE: Wave and Tidal Energy Market — Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 — 2020 https://ca.finance.yahoo.com/news/wave-tidal-energy-market-g…um=twitter

YAHOO FINANCE: Hydropower (Large, Small and Pumped Storage) in Brazil, Market Outlook to 2025, Update 2014 — Capacity, Generation, Regulations and Company Profiles https://ca.finance.yahoo.com/news/hydropower-large-small-pum…um=twitter

FORBES: Teaching Business People How to Make Good Decisions http://www.forbes.com/sites/lizryan/2014/08/26/teaching-busi…ium=social

WASHINGTON POST: Coast Guard cutter fires warning shot at Iranian sailboat in brief altercation http://www.washingtonpost.com/news/checkpoint/wp/2014/08/26/…ingtonpost

MASHABLE: Report: Snapchat Valued at $10 Billion in Latest Investment http://mashable.com/2014/08/26/snapchat-10-billion-valuation…-main-link

REUTERS: AT&amp;T merges wireless and business units led by de la Vega http://www.reuters.com/article/2014/08/26/us-at-t-restructur…sinessNews

REUTERS: CFTC fines Merrill Lynch $1.2 million for client fee errors http://www.reuters.com/article/2014/08/26/us-cftc-merrill-id…sinessNews

REUTERS: GM ignition-switch fund receives claims for more than 100 deaths http://www.reuters.com/article/2014/08/26/us-gm-recall-compe…sinessNews

CHARLIE ROSE’S SIXTY MINUTES: Bill Gates 2.0 https://www.youtube.com/watch?v=cPy0nWYYCFg

NEXT GOV: Thousands of Weather Satellite Bugs Won’t Be Fixed For Years http://www.nextgov.com/cybersecurity/2014/08/tens-thousands-…ars/92465/

REUTERS: Kleiner to invest in messaging startup Snapchat at near-$10 billion valuation: report http://www.reuters.com/article/2014/08/26/us-snapchat-kleine…sinessNews

TECHCRUNCH: Seagate Ships An 8 Terabyte Hard Drive, Perfect For All Of Your Totally Legal And Not Pirated Stuff http://techcrunch.com/2014/08/26/seagate-ships-an-8-terabyte…ted-stuff/

BRITAIN’S MOST ACCOMPLISHED SCIENTIST AND ASTRONOMER ROYAL Martin Rees PhD.: Can we prevent the end of the world? https://www.youtube.com/watch?v=tMSU6k5-WXg

MASHABLE: The Australian Workplace of The Future Is Here and It’s a Bit Blurry http://mashable.com/2014/08/25/the-australian-workplace-of-t…source=rss

MORE HACKERS. COMPUTER WEEKLY: IoT-enabled devices to top 40 billion by 2020, say researchers http://www.computerweekly.com/news/2240227341/IoT-enabled-de…on-by-2020

KAI: ‘Robo Brain’ will teach robots everything from the Internet http://www.kurzweilai.net/robo-brain-will-teach-robots-every…e-internet

RED ORBIT: NASA Selects Proposals To Increase STEM Education At Community And Technical Colleges www.redorbit.com/news/space/1113213524/stem-education-grants…wZ37mEE.99

KAI: How to enable the Internet of Things without batteries http://www.kurzweilai.net/how-to-could-enable-an-internet-of…ign=buffer

THE GLOBE AND MAIL: Five things all Canadian cities should stop ignoring http://www.theglobeandmail.com/globe-debate/five-things-all-…e20131211/

HARVARD UNIVERSITY: Contextual Intelligence http://hbr.org/2014/09/contextual-intelligence/ar/1

FORTUNE: New Bitcoin challenger launches http://fortune.com/2014/07/31/stripe-launches-bitcoin-challe…-for-free/

WIRED: Radical New Theory Could Kill the Multiverse Hypothesis http://www.wired.com/2014/08/multiverse/

POPULAR MECHANICS: The Electric Anticancer Helmet Battles Brain Tumors http://www.popularmechanics.com/science/health/med-tech/the-…t-16811299

IEET: Can Brain Implants Make Us Smarter? http://ieet.org/index.php/IEET/more/brainupgrade20140826

THE GLOBE AND MAIL: Global warming could be irreversible, UN report says www.theglobeandmail.com/technology/science/global-warming-ri…e20210954/

An Advanced Society, Especially a Balkanized Advanced Society! https://lifeboat.com/blog/2014/08/nonlinear-psychology

NEW YORK TIMES: Nonprofit Hospitals’ 2013 Revenue Lowest Since Recession, Report Says www.nytimes.com/2014/08/27/business/nonprofit-hospitals-2013.…html?_r=0

POPULAR SCIENCE: The Future Of Urban Planning: Zoning For Drones http://www.popsci.com/article/technology/future-urban-planning-zoning-drones

Shakespeare: To Kaisen or not To Kaisen, To Fukushima or not to Fukushima! https://www.linkedin.com/pulse/article/20140827052635-34…-fukushima

Lifeboat Foundation Worldwide Ambassador White Swan Update and Published Amazon Author by Andres Agostini at href=“www.linkedin.com/in/andresagostini” target=“_blank”>www.linkedin.com/in/andresagostini

— Coindesk
ghash
Since opening its doors on 3rd August of last year, major bitcoin mining pool operator GHash.io has generated nearly $250m in bitcoin, according to a new infographic released by the company.

The pool has produced 413,752.01889456 BTC since it first began hashing in 2013, an amount worth $248,251,211.33 according to the CoinDesk USD Bitcoin Price Index.

Read more

Jacque Fresco’s futurist book, Designing the Future which serves as something of an introduction the revolutionary Venus Project, is a manifesto for redesigning civilization itself.
Jacque makes a call for a renewed modernism: “The application of scientific principles, for better or worse, accounts for every single advance that has improved people’s lives.” However, the real aim of the Venus Project is the abolition of money, which is described by Jacque as nothing but a source of debt, servitude and other injustice.
The book elaborates an anti-war and one-world vision that is very difficult to oppose. Indeed, its statements reflect some of the most enlightened views in the world today, with its staunch opposition to nationalism. Conflict, Fresco states, “is now totally unacceptable and dangerous because of war’s extreme human and environmental costs.” Even more appealing is Fresco’s encouragement that we treat the world as an “interrelated system with all its people as one family.” This amounts to an open-borders and anti-militarist position that I think reflects the aspirations of some of the most desperate and mistreated people on Earth and could lead to a profound reduction of hostility for all (p. 4–5).
Jacque writes that we need “new outlooks and approaches” and we should “direct the future”. This is a call for everyone to get involved – not just the elite. He challenges us to think how we might organize the world, if it were up to us. Personally, I do not feel qualified to organize the world, although I do think we can all say what we don’t think should happen. The solution, Jacque writes, must be “free of bias and nationalism”, which translates to an acknowledgment that Nineteenth Century nation-states are well beyond their best-before date.
In recognizing that nation-states are obsolete, Jacque warns we should still avoid generating “bad feelings” (p. 6–7). Jacque forewarns that what he is advocating is a “difficult project requiring input from many disciplines”. This recognition of the academic side of what he is advocating makes me bring in another respected theorist, Immanuel Wallerstein, whose work has focused on “reconceptualizing” the world to understand things like nation-states and vast global inequalities as production relations.
In a way, I am fully onboard with what Jacque is advocating already. If we could reconceptualize global society at a more popular level, rather than purely at an academic level, our task would be somewhat similar to the popularization of science attempted by such people as Carl Sagan. Nations, within the global social system, are only fleeting entities. If we could get people to accept that interpretation of society, we would accomplish what Jacque Fresco is talking about, but it is hard. I consider my own anti-statist essays as a contribution in that direction, and I would encourage other commentators to do their part, using whatever rhetoric or teaching methods they think best.
Jacque puts forward the idea that the scientific method should be rigorously applied to avert some of the biggest killers in modern life, e.g. car crashes (p. 15–17). This is a fairly convincing case, and one that I think has not been advocated yet by any other theorist, so Jacque deserves a lot of credit for it. The way to achieve it would probably involve integrating the local authorities with scientific advisory boards and ethics committees. This would have the added benefit of creating nice jobs for a lot of the students who tend to be thrown into positions that do not let them fulfil their true potential. One could argue that there are already plenty of science committees influencing governments, but it is not unreasonable to advocate there should be more, and at more local levels.
Matching what many intellectuals have pointed out, Jacque says “technology is moving forward but our societies are still based on concepts and methods devised centuries ago”, calling out the “obsolete values” that still shape many countries (the US not least of all) (p. 9). Another grievance mentioned is the corporate takeover of government, as protested against by the #Occupy movements. There are, today, “common threats that transcend national boundaries”, e.g. hunger, natural disasters of the kind that UN agencies are already attempting to combat (p. 10).
One of Jacque’s ideas resembles extropy, as articulated by Kevin Kelly. He states, “The history of civilization is the story of change from the simple to the more complex” (p. 13–14). Change is the “only constant”, the biggest enemy of which is the people in power who have trade advantages over others and strong reasons to maintain the status quo.
The best side of Jacque’s book is found in the compelling images of future architecture and design solutions that would reflect an economy geared towards human needs rather than profit. At least some of these principles will almost certainly become a reality in the future (p. 29–44, 48–52). However, Jacque’s ideas can be attacked from many angles, and these make it hard to accept the abolition of money that is really the core of his thesis:

“A much higher standard of living for everyone all over the world can be achieved when the entire Earth’s resources are connected, organized, monitored, and used efficiently for everyone’s benefit as a total global system – not just for a relatively small number of people.”

The problem with the above is that it is advocating globalization as it already exists, but neglecting a very fundamental element of that globalization: financial globalization. It is harder to believe that we can connect the entire world together solely in terms of resources than that we can connect it together financially. It is likely that going back to resource-based disparity rather than money disparity would lead to a more localized and therefore tribal existence with states becoming more possessive over natural resources. This would not be consistent with globalization as we have seen it thus far.
Jacque expresses the view that rather than laws and ethical people (as envisaged since as far back as Aristotle), we only need “a way of intelligently managing the Earth’s resources for everyone’s wellbeing” (p. 18–21). He is of the school of thought that “when we look at things scientifically, there is more than enough food and material goods on Earth to take care of all people’s needs – if managed correctly” (p. 19). This is also a view articulated by Ramez Naam in The Infinite Resource (2013), and that I have responded to in the past. The only problem is, it isn’t true. There are almost no distinguished scientists and scientific bodies who have stated that there are enough resources as we currently understand them to support the expanding population. There are even some prominent scientific bodies like the Club of Rome and various committees warning about our dwindling resources, constantly stating the exact opposite of what Jacque and Ramez have stated.
As much as I agree with what Jacque is trying to accomplish, it is patently false to say that looking “at things scientifically” is the same as using the scientific method, or that the scientific methods leads to redistributing resources to support everyone. Most scientists would disagree with what Jacque is saying. However, I am not arguing that they are right. I am arguing that we need to learn to tolerate how radical the idea of supporting everyone on the planet through the intelligent application of emerging technologies is, and how hazardous it could actually be. If we take the leap, we must wholeheartedly take any burdens and possible hazards into account as we do so. Humanity must know the risks, and not be persuaded to walk blithely towards something that still has so many unknowns.
Jacque lays out his case for abolishing all money. He gives 14 succinct grievances against the monetary economy that has been the norm for quite a few centuries. Most of these 14 points reiterate the same basic grievance that money enables people to be super-rich and others laden with debt, because… the rich people control it. However, in repeating these grievances against money and giving each of them more credit than they deserve, Jacque neglects the good points about money. It is still the only thing a lot of poor people have, and is the only way they can get their next meal.
It is not the unfair distribution of money, but the unfair distribution of resources, which keeps people and states poor or powerless. The rich are not rich because they have more money in their pockets, but because they physically control the resources that make money. They own keys to the factories and stockpiles. Rich states physically possess and control the world’s mineral wealth, and the labs where high-tech products are designed and tested. They use money merely as a way of throwing scraps to poor people where it would have been too inconvenient to give shares of their resources. So, if anything, money exists as a tool of remuneration to poor people, and would actually be a necessary component in any scheme to create more equality.
I, unlike Jacque, am what most people would call poor. If my money became worthless tomorrow, I would not be grateful. In fact, I would have few means of survival, and would wander the world begging for actual food and other resources from people and providers who are fortunate to possess a stockpile of resources. These providers in turn would wander the world begging for supplies, and other essentials they require to stay active. Therefore, the vacuum left by abolishing money would be more oppressive than any amount of debt, and it would also consume a lot more time and energy for everyone.
Not only would the abolition advocated by Jacque make life a lot more difficult for most poor people and businesses, but it would lead to the loss of a very basic source of dignity for the poor – the only medium with which they could actually buy and share resources. No matter how detrimental monetary greed can be, a poor man or business will always be grateful he can carry a wad of money around. He can’t pick up and carry a resource. One would hope that Jacque would at least try to overcome this terrible paradox of what is going to take the place of that money in a poor person’s hand, but he doesn’t. What is advocated instead is idealistic at best, and leaves one feeling hungry for the pizza that is probably never going to be delivered to your door by a drone if we really do get rid of money.
In fact, the form of remuneration posited by Jacque relies on “distribution centers” from which anyone can order an unlimited quantity of anything to their very door due to the unlimited capacity of the technology of the future (p. 76–78). If such a thing is inevitable from existing engineering trends, then we should be in awe of that technology, and not the Venus Project.
Something similar to the above occurs when Jacque states “Machines of the future are capable of self-replication and improvement, and can repair themselves and update their own circuitry.” Once again, this makes me ask, why then advocate Resource-Based Economy, if in the end we are always going to stand in awe of the machines and get unlimited free pizzas delivered to our doors anyway?
In a Resource-Based Economy, it is established there is no money, no credits, no debt, and no servitude. Here, “all of the world’s resources are held as the common heritage of all of Earth’s people” (p. 21). Unfortunately, the thing getting in the way of declaring our resources as a common heritage isn’t money, but the resources themselves. Just look how some states and firms have better resources than others, be it in the form of more high-tech facilities or more qualified personnel. One can’t just declare these people and things to be equally owned by all, or change their status in any significant way, by abolishing money, because they are still physically located in certain more advanced states (usually the US).
When it comes to how the RBE would manifest in practice, Jacque argues that all wealth and wellbeing should be based on immediate resources, such as water and fertile land. Unfortunately, this means areas with more resources would be better-off than those without, which takes us back to the problem already highlighted above.
Jacque says that increasing automation and peak oil are signs of “collapse” (p. 22), and that this collapse will provoke people to “lose confidence” in monetary economics. People will then turn to a global Resource-Based Economy as the solution. Unfortunately, this is not what usually happens in a collapse. In a collapse, people do not actually grasp at the most ideal solutions, never mind solutions prematurely based on future technologies. Just look at Iraq and Syria, where the failures of the state did not lead to a utopia but to a vacuum filled by pseudo-religious terrorist authorities.
The prediction that removing capitalistic competition by getting rid of money would result in the hippie-like outcome of peace and harmony (p. 69–76) is not convincing. If Christianity got one thing right, it is that humans are prone to sin. Even in a system with unlimited resources, there would be factionalism, security concerns, hoarding, vanity, greed, jealousy, power-mania, sex offenses, plain insanity and a plethora of other reasons for people to do evil. In sum, law enforcement and compliance would still be necessary.
Rethinking society is important, but the catalyst should be technology itself and the results spontaneous, rather than someone’s grand design. People should be in awe of the amazing things being made possible by nanotechnology and biotechnology, but they should be advocating that people invest in these technologies. Abundance is almost certainly going to rely on biotechnology, but there are many grievances against this field and promoting it might involve tolerating the directions taken by some large and rather controversial corporations.
Transhumanism differs from social design in that transhumanism is advocating the redesign of the human individual; a departure from our biological limits themselves as a way of escaping scarcity. Transhumanism is about maximizing the available choices and chances of survival of every human individual. We could go even further, and biologically re-engineer the world to access more resources, as I argued in my outlandish “terra-enhancement” article.

By Harry J. Bentham - More articles by Harry J. Bentham

Originally published at h+ Magazine on 19 August 2014


Stripe is diving into digital currency in a big way.

The San Francisco-based startup, whose technology lets businesses accept online payments, helped introduce a new Bitcoin-like currency on Thursday called “stellar,” as well as a payments network that lets users send any kind of traditional and digital currency including U.S. dollars, pesos, euros and Bitcoins. People will be able to send one kind of currency across the globe and have it automatically converted into another — a sort of all-inclusive online money exchange.

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