You know it sure seems like the current socio-economic system is flawed. 50% of the world lives under 2 dollars a day. 1% of the world population holds 40% of the world's wealth. It seems like the monetary system is out of date and and in-effective at distributing goods and services. This system seems counter intuitive because it requires there to be scarcity for things to be profitable, and also requires competition for things to work. How are we ever going to reach an abundance for everyone, and cooperation among the world under these principles of scarcity and competition? By basing the system on competition it almost seems that things like differential advantage, corruption, lying and greed are built into the system. As well as scarcity, because abundance is not profitable. Another thing I was thinking about was technological unemployment. Thats where human labor is replaced by automation. We can see this everywhere today. The thing is: if this becomes an epidemic no one will have any money. There will be an abundance of goods and services but no one will be able to buy anything, so it won't matter. This is a real problem. What are your thoughts on these issues? Do you think we need a new socio-economic system that doesn't use the exchange of currencies or credits. Is that possible or impractical? Is it too utopian?