An Idea Whose Time Has Come, An : The Story of the Indian School of Business,

Book Description

Using a unique definition for moneyfree, this presentation offers a bold but simple philosophy regarding logical steps needed to achieve a release from the limitations of money accountability, concern over business profits and the need for using excess money to control others. In lieu of a money-based system, the concepts presented here offer a series of challenges to our thinking that can lead to a new system of non-transferable earned credit units issued to all workers who produce beneficial results. Moneyfree describes how earned credit units can replace the dependency on business and corporations to focus on monetary profit they claim they must have to operate and use to pay their workers. The term moneyfree does not mean living without adequate means for establishing fair exchange in value. Instead, it describes more automated methods to produce fair exchange for all products and services based solely upon the philosophy of value received for value earned. Using credit units instead of traditional money implies freedom from the manipulations and forced accountability imposed upon all of us in our present system. With a changing world of greater enlightenment and advancements in technology, it now becomes possible to replace old traditions with an advanced system of mutual cooperation and trust that preserves human rights and freedoms so that the economy can work well for everyone and not just the wealthy elite.