How Would the World Be Without Money

Have you ever imagined how the world would be like without money? Recently I was talking to a great friend of mine who was explaining to me his ideas about money and this made me to think about it.

According to him, an ideal world would  perfectly run without money because everyone could contribute according to their ability and receive according to his need.
Money is needed only because of the exchange of the property on which our society is built, if there were any other way to organize society then money would not be needed.

This long conversation made me think about many questions:

• Why do we think that in a perfect world there would be no money?
• If we remove money, would this make a perfect world?
• And since we are talking about an economy of services, who would organize the equivalences?

In ancient times people used barter to get things: I give you a goat in exchange of four sacks of wheat, but who said that a goat was worth four sacks of wheat?

With barter one of the value scales is time: if it takes six months to raise a goat, for example, this is worth more than a crock pot that you can manufacture in one single day.

In our modern times we would need an enormous reorganization to determine a worth scale to sustain a balanced economy without money.

In my humble opinion money is not the cause of all the ills of the world, that would be a very easy way out for some who try to evade responsibility, but human condition should change to adapt to the new organization.

But if money is not the cause of all evil, why do without it?

Have you watched the film "In time" with Justin Timberlake? there's a good example of a world without money, a world in which time is the universal currency, when someone wants to get something he’d pay with a portion of his life time and work’s salary is time, more life to live.
The horrible thing is that when someone didn’t have anymore time left just died.

But going back to the main subject here's what I think of money:

•     It is a world heritage whose price has to be determined fairly.
•     It is a tool that we have to learn to use.
•     It's what we exchange for something that has value, but money itself has no value, it is only a tool.

What do you think?