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Australian Egalitarian Movement


Home > Major Policies > Common Questions About, and Criticisms of Egalitarianism > How Does No-Cash Work in the Global Marketplace


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 If There is No Cash, How Does the AEM's Egalitarian Society Function within the Global Marketplace?

As far as our dealings with other countries are concerned, Australia will be like one very big, totally Australian-owned company, and there is no reason to believe that we will not continue to function as well as we do now within a highly capitalistic global environment. However, there is good reason to believe that we will become much more competitive because by merging into one big company, our economic power increases, which is the reason why all companies merge.

As far as our ability to do business within the global marketplace, while being a cashless society: we expect that most international transactions will be done electronically, as they are now. Therefore, having no cash will not be a problem. However, we realise that not all transfers of money can be done this way, and therefore we have a number of options available to us. We may....

  • issue cheques,
  • issue vouchers,
  • produce cash specifically for use within the global marketplace.



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