Basic needs, Capitalism, Earning your living, enlightenment, future, John Maynard Keynes, Long term, Loose Bloggers Consortium, Maslow, New Economics, Prof Mankad, sharing economy, Technology, the book of Mirdad, The Buddha
In the long run we all are dead – John Maynard Keynes
I was talking to my boss. He throws interesting questions – what do you think of next disruption? Ok do not talk about bitcoins, healthcare and analytics has already plateaued! Hum! That is a challenge. Wish I knew what is next disruptive business, technology or industry.
I asked myself, is there lack of cloths that people die of severe cold in winter in India? Is there lack of food on earth that people die of hunger in world? If there is lack of cloths or food, why are our retail stores full with cloths, and food wastage is ~33% or so (National Geographic).
My mind goes in a very long term when such questions come to mind. I believe in next hundred or hundred and fifty years or may be sooner, we would not need money (currency) or any such thing. This is very surprising for the financial system, businesses or capitalistic mind to believe. Let me elaborate. Have you seen Uber? Has Uber made ownership of car redundant for many people?
What if our all basic requirements are fulfilled in the same manner – for example, I have some cloths in my wardrobe, I do not wear them all in a day. I wear only one at a time. Why should I have so many cloths? What if we can just select what to wear, wear it and return at some location when we are done! You may ask a question – then how would people earn money or offer services? Uber ride requires cash, card or wallet payment. Let us think of a future – car is driven by machine, cars are run by electricity, electricity is produced automatically by nuclear power and cars are manufactured by machines. No need of a human being for anything. Remember Keynes idea of working 4 days a week or lesser. Actually our capitalistic mind does not approve of this. People must work to earn their living. The best thing is – only capitalistic approach of running for better, more, improved can help us reach the state of future which is imagined here.
When everything happens automatically, so what would humans do to earn, or say passing time? Can you relate the first part of previous sentence with the nature? Everything happens automatically for animals and they just pass time, they do not need to earn their living. Just think the phrase “Earning your living”! Does not it sound surprising thing, you just live, is not it? You do not need to earn it. I know you might have felt offended when you read automatically and comparing humans with animals. There will be a difference – our evolved sense of self and ability to think. This ability will force us to think about our existence. Our most of the time will be involved in thinking about our existence. This may take some time, when people will get fad-up with their pleasures – perhaps the way Gautam the Buddha got disenchanted. In that world we would not need money, we would not have a lot of possession, yet we will have everything on our finger tips.
Just look at housing in Tier-1 cities in India. There are many unused inventory kept, most is out of budget for many people to afford. I see a future where whole world will be a rambling place and a type of hotel, where you can stay when you end your day. These houses will be built by machine and thus we would not need to buy or rent them either. Money as a concept will vanish. When you would have whole world at your feet, you would not steal, you would not look for possession. You would be lighter as Mirdad said in ‘The book of Mirdad’ “Less possessing – less possessed”.
Here in above paragraphs we spoke about basic needs – cloths, food and shelter. I am sure humans will evolve to self-actualization phase – of Maslow’s need hierarchy – if the above happens (Ok give and take few carnal desires). In the short term, I would want to make that type of world envisioned above. In the longer term, I would want to be self-actualized or say enlightened in this life itself.
What would you do in long term? was the topic for the week for LBC (Loose Bloggers Consortium). I had suggested this to the group where – Maria, Rummuser and Shackman also write. You can read other LBC authors opinions on their respective links.