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Introduction

We are not an advanced civilization. Our technology might be advanced, but our civilization is not. We’ve certainly progressed since the times of conquest and world wars. But there’s still a lot to be done. We still have not found a way to achieve mass human co-ordination where:

• people are productive members of society;
• basic human needs are fulfilled by default;
• joy is abundant and stress is not.

Economics systems of today don’t allow human life to blossom. Society will collapse if the majority of humans are not in a constant rat race. We’re building a house of cards and it’s not slowing down. Millennials in developed economies like the US can only aspire to live the lifestyles their parents did. For the first time since the industrial revolution, a generation is poorer than their parents.

If the most capitalistic country in the world is not seeing progress anymore with capitalism, it’s time to re-think what capitalism should be. And now is the perfect time is because of one beautiful invention.

The internet.

Economic systems are a means of co-ordinating humans so that we can all co-exist and share resources. The internet solves the problem of human co-ordination far better than anything we’ve known before. As of 2022, 69% of the world's population actively uses the internet. It would be exceptionally daft for us not to explore how the internet could evolve capitalism and create better societies where humanity flourishes.

How economies work today

A nation’s currency is at the centre of its economics. Let’s take a quick look at the basics of currency and capitalism so that the solution we propose in this paper is easy to grasp.

Utility