It's neither socialism, capitalism or communism. All these old ideas circles around the use of money and government while the TVP does not. Money is not needed in a resource based economy because everything would be created in abundance where people's needs are met. Money have only been used as a tool to manage scarcity throughout our human history but we are no longer living in a world of scarcity, only artificial scarcity which the governments impose upon us all. In the future we could have increased the automation to such a degree that the purchasing power would be totally gone where money will become totally obsolete.

More and more jobs are getting turned over to robots and machines today where the efficiency continue to improve which means that sooner rather than later we will find ourselves in a place where products and services are no longer accessible because of the decreased purchasing power. That will crash the entire world if we are not willing to switch to a complete new system. A system that also puts the environment first above all compared to a monetary system that is driven by profits above all.

For example today we have something called planned obsolescence that makes products break down intentionally after just a few years to increase profits but at the cost of inefficient use of resources and a degradation of the environment.

Here is the question of money answered by the Venus project.

"If all the money in the world were destroyed, as long as we have sufficient arable land, the factories, the necessary resources, and technical personnel, we could build anything and even supply an abundance. During the Depression, there were vacuum cleaners in store windows and automobiles in car lots. The Earth was still the same place. There was just no money in people’s wallets and very little purchasing power. At the beginning of World War II, the U.S. had about 600 first-class fighting aircraft. We rapidly overcame this short-supply by turning out over 90,000 planes per year. The question at the start of World War II was: Do we have enough funds to produce the required implements of war? The answer was No, we did not have enough money or gold, but we did have more than enough resources. It was the available resources and technical personnel that enabled the U.S. to achieve the production and efficiency required to win the war.

It appears that the real wealth of any nation is in its natural resources and its people who are working toward a more humane life-style through the elimination of scarcity. All social systems, regardless of the political philosophy, religious beliefs, or social mores, ultimately depend upon natural resources — i.e. clean air and water and arable land area — and the industrial equipment and technical personnel for a high standard of living. The money- based system was designed hundreds of years ago and was hardly appropriate for that time. We still utilize this same outmoded system, which is probably responsible for most of today’s problems. I have no doubt that even the wealthiest person today would be far better off in the high-energy society that The Venus Project proposes."

For FAQ about the TVP go to https://www.thevenusproject.com/faq/