Welcome to the money-less economy (MLE) blog site.

Subhendu Das is coordinating this site. He can be reached by email at:   subhendu.das@mail.com

You will find many things in this site that is not given in any modern textbooks on macroeconomics. For example, most of the modern textbooks on macroeconomics will not tell you that the central bank is a private bank, and that the central bank controls the government.

Here we are looking for the root cause of our economic problems. Once we know the problem, you will realize that the MLE is the best solution. In reality, the capitalism has produced the idea of the MLE.

We thank you for your visit and please continue with us. You will find commenting opportunity at the top of each post. Please feel free to post your thoughts to interact with the author and other readers to enrich this MLE site.

First Published: 12 September 2011.

Last Updated: August, 2021.

This blog site is available in PDF and other formats, as a chapter in the free book on Soul Theory. You can download it free from:

PDF: download from anyone, both have same file.
Wordpress site: 29March2021-SoulTheory


Subhendu Das also manages the following blog sites and YouTube videos. All of them are extracts from the Soul Theory book. Some of the blog sites provide more details. The videos are short and provide only high level summaries.

YouTube Videos

Soul Theory L5 :: Moneyless Economy (MLE); 2:48

Soul Theory L4 :: Destiny – a Law of Nature; 3:59

Soul Theory L3 :: What is TRUTH; 2:47

Soul Theory L2 :: Only 1% knows the TRUTH; 2:28

Soul Theory L1 :: Read the Book;  0:11

Blog Sites



Soul Theory:

1. Front

Money-less Economy:


Quantum Mechanics:


22 Comments (+add yours?)

  1. http://www.kreditsofort.club/
    Aug 29, 2017 @ 17:40:54

    I love Shores inks on those Cap stories! They smooth out Kirby’s sharper edges and yet keep the dynamic storytelling. If you think about it, Syd Shores MAY actually have drawn Captain America more than Kirby at that point since he became more or less the main penciller of the original series after Simon & Kirby’s DC departure!



  2. Ayam Jago
    Jun 11, 2017 @ 18:00:17

    It’s nearly impossible to find well-informed people on this subject, however, you seem like you know what you’re talking about! Thanks



  3. Geraldine
    Feb 26, 2017 @ 19:58:27

    That’s cleared my thoughts. Thanks for cotbuinrting.



    • idpnsd
      Feb 26, 2017 @ 20:28:03

      You are welcome.



  4. Nikhil Kulkarni
    Jan 24, 2017 @ 22:44:25

    Hi Subhendu Das, (Found you while searching for research on Moneyless systems), I haven’t yet read the entire blog / the paper you published. But I think THERES A WAY TO MLE – a TRANSITION path to a moneyless economic system.

    Please watch this video I made: http://www.youtube.com/watch?v=r1VRDVDZsGE



    • idpnsd
      Jan 25, 2017 @ 08:47:14

      Hi Nikhil Kulkarni,

      Thank you for visiting the MLE site. I have checked your video on MLE. Crowd funding maybe a very good method for financing MLE. But how much money you can raise by such methods? Will people give money to create MLE, where there is no return on investment?

      There is a MLE chapter in the free book at https://theoryofsouls.wordpress.com/ It gives various methods that can be used to start a MLE based community. There are many such communities around the globe, but they lack many features of MLE.

      To create such a community based on MLE, a sincere, hardworking group of people will be required. Important thing to realize that nobody has anything to lose under MLE. I do not see why a rich cannot become richer under MLE.

      Liked by 1 person


      • Nikhil Kulkarni
        Feb 27, 2017 @ 00:59:38

        I just read the chapter on implementation of MLE in the link given by you. You seem to suggest things like “Rich ppl can take up initiative” or IMF can do this or that,. finally violence & war is inevitable etc.. But what is it that WE must do?

        Without answering what WE must do, it is merely ‘all talk no action!’. You mention that movements like that of Gandhi, Occupy, etc should also keep taking place then why are you skeptical about Crowdfunding ? And yes, there are a lot of people who are not interested only in Return on Investment but are interested in implementation of good ideas.

        Also you seem to have misunderstood my point regarding crowdfunding. Unlike the solution that you propose on vast scale to buy huge lands to experiment MLE, the solution I proposed is to start small. If you watch the video link I shared in previous post or if you read ideas in my articles on http://www.facebook.com/unselfishness , you will find that my point regarding the movement starts with businesses being honest / unselfish .. Slowly as such businesses gain trust of people, crowdfunding can be used (for that particular business) to expand the business. Slowly over time you will have more & more unselfish businesses which finally leads to a smooth transition to a Moneyless economic system as described by simple mathematical calculations in the video.

        I believe the path described above is based on Vipassana meditation technique of Buddha. We, humans or Yogis, come out wiser, better and perhaps enlightened after sincere meditation / Vipassana in particular. When a million year old complex system as the human body & mind can evolve, cannot a thousand year old human created system – the economic system that uses money evolve into a better one, by using the same techniques of Vipassana ? Can’t an economic system be put into a meditative state ?

        Finally, Ubuntu contributionism community in India is currently very active in trying to get things going towards MLE here. It would be a pleasure to have you in the discussions of the group. Kindly mail me regarding this or send me your contact number.



        • idpnsd
          Feb 27, 2017 @ 09:04:21

          I have watched your video before, I watched again this time, the one that begins with Marx. I am available only by emails and via many websites, YouTube, Quora, etc. My email address is in this page, it is public, and anybody can use it. You are also welcome to write directly at my email address.

          “… cannot a thousand year old human created system – the economic system that uses money evolve into a better one,…” – Sure it can. Present economic system, called central bank economy (CBE), has indeed evolved significantly. CBE has created the modern technology, it also has created the false money (around 1930), which was not there before.

          Thus time for MLE has come. If CB wants, it can implement MLE, literally in overnight and worldwide. It is also possible that MLE is already in the plan for CB. The MLE chapter, in the soul theory website, describes how MLE can be implemented at individual level. https://theoryofsouls.wordpress.com/ Please let me know what Ubuntu community is doing. Do they have a website?



  5. http://bestwebhostingsolution.com
    Oct 05, 2016 @ 18:29:18

    Undoubtedly an excellent write-up! Many thanks for sharing!
    I frequently read your article but never been overwhelmed to comment one.

    Will share this on my social networks networking group.

    Keep sharing such posts in future too!



    • idpnsd
      Oct 05, 2016 @ 20:17:50

      Thank you for visiting the site. I am glad that you liked it.



  6. Jean
    May 19, 2015 @ 13:31:40

    Money-less economy is in my view the way to go. Our current system as you mentioned is a profit driven, resource squandering, war creating machine that serves it’s participants poorly, creates scarcity and hopelessness.
    We need an economy with these attributes:
    No admin,
    no authority,
    ever more abundant,
    And in everyone’s service.




    • idpnsd
      May 19, 2015 @ 14:53:07

      Thank you for visiting the MLE site and posting your comments. I think your list is very correct, and I have a feeling each and every item will be satisfied by the MLE. MLE is the only natural economy; no artificial money is required to run the system. If everything is natural then nothing can create problems for any one of your items. The MLE can bring heaven on earth.

      Only problem is how to implement it. The central bank (CB), the money power, and its opposing force cannot be countered by ordinary people. See the FAQ12 – Who will bell the cat?



  7. Derrick Denum (@DerrickDenum)
    May 05, 2015 @ 17:35:51

    Nice site, I like the direction! I’d stand with a concept like this. However like any great thing, I’ve gotta expand on it! It’s just too awesome! : )

    There’s a concept I want to mention that I was hoping you’d get into, but I didn’t notice it.

    Separating Distribution&Trade in the system is almost essential. Competition is ONLY good when you’re innovating/inventing a product, competing to distribute resources to people has twisted our views of distribution.

    We can have an energy limit per person based on the total number of goods available! That way we NEVER have individuals hogging too many resources at once, but each can acquire an abundance, probably even more than what most people can get access to at the moment.

    Why is it necessary for everyone to have a job? Automated machinery in the modern world has limited man power for it to function. In reality, a very few number of people would be needed to maintain these systems, ones that are in place already. It’s true not all positions are automated yet, but overtime they most definitely could be!

    The jobs that are shoved on us are Service Sector (Sales/Retail) jobs that are pointless… Using a fairly coded and easily accessible program model we can rotate socially important jobs around the population as needed on a fair schedule where each person works for a week, then takes the rest of the time off until his turn comes back around…. There are millions of people who would donate their expertise for a system this light on your manhours.

    Honestly, an automated distribution system that transfers goods to various Market Centers would be ideal, but in the meantime everyone suitable could donate their time on a rotated schedule driving the goods to the centers manually until such a system could be implemented.

    There’s always the chance any new product can run into problems. New products would need to undergo rigorous testing before being mass produced. Also new products and ideas would HAVE to be voted into reality. People can’t just start using non consumable resources on a whim or else we end up with problems involving wasted resources. I had this idea, based on Kickstarter…

    We could use a tally on all the current (non consumable) resources that are stored and figuratively divide them evenly in a computer model to the population. Now these resources are stored, not literally distributed to people.

    Anyone can present projects ranging from small goods to large social engineering projects they feel they could create… People can vote on all these projects and figuratively pool their allocated resources/man hours into the projects they want to see become a reality. A computer model could be used to determine if the estimated total resources required to implement the design would be feasible…

    Once a project is voted to commence, a testing period begins, where the people who donated to the project and who are donating their man hours can be the pioneers in testing the new products while there being created, and for a number of months or years depending on the size of the project, it can be tested for reliability…

    Elected Officials:
    These should only be focused on maintaining civil order, and upholding our rights and moral code. Dealing with poverty would be a thing of the past, but other problems, mainly domestic/religion would be the next challenge!

    Schools take place on the go, outside, on trains, in the ocean, on the beach, up to the Rockies, inside caves, at dormant volcanoes, At all the different climates, at power plants, at mines… Teachers are not assigned, they’re naturally formed from passion and initiative and offer to teach all sorts of different subjects at different locations on their timetable. You can spend your entire life schooling in the system cuase it’s fun! You never stop learning! And ultimately you can teach as well. If you want to teach you can submit a form with “Subject” , “Date” , “Time” , “Location” , “Max Attendance size”, etc…
    Your credibility is formed on the basis of people’s reviews of your methods.
    It’s my belief there would be many people that want to teach all sorts of different things.

    I just came up with this stuff a few days ago and started searching the net for ideas like mine, and found this AMAZING site. I have been working on a website with a forum for discussion on the matter and lots of graphics, but you seem to have already gotten this ball rolling! I’ll be sure to link you when I finish, and I’d love to sort of combine our expertise and maybe try to create something very very feasible and realistic.

    I’d love to chat with you about more specific stuff if you’d like to combine ideas and maybe work on dealing with more of the nitty gritty specific stuff like healthcare/civil emergency response/crime etc…



    • idpnsd
      May 05, 2015 @ 20:33:45

      Thank you for visiting the MLE blog site. I am glad that you liked its contents. Your comment is very thoughtful and technical. I particularly liked your section on Teaching. It is quite unique.

      I would like you to review the FAQ-12: Who will bell the cat? I do not know how to implement MLE. It seems there are major hurdles. Would you give me your thoughts for that question?

      If you can implement MLE, I am sure you know that things can change dramatically. The modern capitalism took 200 years to evolve to the present state. All business models under capitalism are profit motivated. I am suspecting thousands of businesses will automatically vanish. The MLE will start evolving from that ground state. It may be difficult to determine how business community will evolve at this time.

      Please let me know about your web site when it becomes accessible. I will be eagerly waiting.



      • Derrick Denum (@DerrickDenum)
        May 13, 2015 @ 14:44:42

        Hey sorry for the lag in my reply. The website is here: http://www.therealworld.6srv.com and it’s still a work in progress but it’s getting there. Check out the forums, I’d love to see what your thoughts are on it.
        I checked out that section FAQ-12, and that’s a hard question. XD The best answer I can come up with is to make an alternative so realistic, they would have a hard time defending their position. Also getting the majority to “see the light” would be very important. It’s going to be tough…
        Also your overall idea of trying to switch over without making radical changes is a great perspective to work from. Huge change is scary to a lot of people.
        We’d need to find the right people in the right positions, and convince them to try something new and beneficial to everyone.
        I’m tired btw, so sorry if this post seems sluggish, I’m not my normal self today.



  8. idpnsd
    Nov 16, 2011 @ 23:27:20


    I do not see any contradictions in your paragraph following – “People will be all different.” I agree with you there. Although I would like to comment on your statement, – “As their mature view of society compels them to reciprocate”. You are correct, that may happen too in long run. But in MLE they will be compelled to work for free, because, otherwise they will not get free food and shelter.

    You wrote – “This goes against practicality. …”. There is a FAQ on resource management, you may have noticed that. To justify MLE we cannot move from capitalism to a system that meets only “… the basic needs of people”. The MLE has the capability to maintain the exact same economy as we have now. You have proposed a very reasonable design of townships and I like it.

    You have written – “You should be allowed to travel freely but only within “open periods” after one has spent a set minimum amount of labor time in a given area”. This appears to be a restriction and treating labor hours as money. Why do you think it will be necessary?

    You may be right in saying –“…the missuse of the word “socialism”. I may have confusion in the definition of the word socialism. How do you define socialism?

    You said – “Why not treat people equally?” The next sentence in the FAQ is – they will have equal opportunity. I recently read a very good example – rain showers equally in all plants, but some give red flower and some yellow. Same is true for our education. We all get same education – but it manifests in different way in different people. We are all inherently different. We are born in different economic conditions, different towns, in families with different training and background, our parents are different, culture and values are different. Even physically we are different – some are short, some tall, some fat, some slim, male and females are completely different. Why not allow people to take their own paths and choices? Why impose the equality constraints? MLE is all about complete freedom. There is a FAQ on merit system also. Please look at that when you get a chance.




  9. Johnnie
    Nov 16, 2011 @ 05:34:50

    I really liked this website, then i noticed where you say its not socialism. And that you point out that MLE doesn’t require control. Its a misconception that Socialism is a “command economy.” When resources are utilized to its fullest potential and not monetized, there’s nothing “command” about that. They simply call it that to perpetuate the two myths, 1) Totalitarian governments such as china and the former USSR are purely socialist countries, they are not, they are primarily totalitarian with the label of being communist and 2) the only way to implement socialism is by force also not true, as it is implying that by some human nature we are incapable of using resources in a rational way and treating each other with equality. The “human nature” argument can support anything immoral. It can support racism, sexism, classism, slavery. However you can’t play the human nature card in a court of law. You can’t say you hit your wife because its human nature for a male to be dominant. That is not human nature. human nature is the capacity to do right or to do wrong. That capacity is directly influenced by culture and personal decisions made. The law recognizes this, science recognizes this, economists and proponents of the monetary system do not.



    • idpnsd
      Nov 16, 2011 @ 09:19:12

      Thank you for your comments. I agree with your views about the two myths that you have mentioned.

      But I did not understand when you said – “then i noticed where you say its not socialism”. Would you clarify the comment little more?

      You also wrote – “And that you point out that MLE doesn’t require control”. Did I indicate that anywhere? I may be wrong if I did that. MLE will have higher level of freedom, but some control will be necessary, at least during the initial phases. I have mentioned how IRS can be converted to monitor, control, and support MLE.

      I have also mentioned that MLE will use a card that will have the number 40 written on it to prove that the person has worked for 40 hours in that week. This card will control every individual.

      I should correct and rewrite properly. Let me know the problem location.




      • Johnnie
        Nov 16, 2011 @ 22:07:38

        section “FAQ: IS MLE SOCALISM?”

        “People will be all different.”

        ^I understand what you mean, that individual diversity is not prohibited. Although I would point out that this is provided though freedom of labor, whereas labor roles are not forced. For example, in Star Trek everyone is allowed to pursue jobs in any field they like, to full fill their cultural need to contribute. As their mature view of society compels them to reciprocate. I believe that in such a culture, labor will not need to be assigned as jobs most people do not want to do today will be celebrated as they contribute the most to society.

        “If you want to have a corporate jet, you can have that. It will be free for everybody. If you want to live in a big house you can get that free also.”

        ^This goes against practicality. Resources are finite. They are best utilized in the most minimal capacity needed to meet the basic needs of people. A modest sized “Apartment” style homes should be designed for the individual, couple, family/unit. As well as larger complexes around these homes that allow walking between them to places of distribution of food, clothing, electronics etc. that are covered areas to protect from rain or other weather. Everything should be walking accessible. Train-centric transportation to farther distances like there is in Japan. Trains then connecting to aircraft transportation.

        You should be allowed to travel freely but only within “open periods” after one has spent a set minimum amount of labor time in a given area.

        “Since house prices will also not increase no one will be motivated to buy them as an investment property.”

        ^Good point!

        “Since everybody will go on in their independent way, the MLE society cannot be dubbed as socialism. Everybody will be able to go anywhere, work in any place, and on any job of their liking. Nobody will be forced to work in a place that he or she does not like. The society will have true freedom for everybody.”

        ^not really bad, I am just very disheartened by the missuse of the word “socialism.” And that it has falsely been linked to totalitarian government. But forgive my anger, Its not bad to say its not socialism. Maybe its better for people to understand the way you say it.

        “MLE will not try to treat them equally”

        ^Why not treat people equally? We all have two legs, two arms, one head (i hope), eat, sleep, etc. People can stand out in academics, physical sports, games, Art, but from the standpoint of use of resources and contribution, there needs to be a standard of equality. Only suggestions 🙂



  10. Hari
    Oct 05, 2011 @ 16:33:27

    If you see this, then the reply/comments function is working.



    • idpnsd
      Oct 05, 2011 @ 17:06:29

      Thank you Hari. I hope you liked it.



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