More research and analysis can be found here
World economy does not depend on a monetary system and exists independently. Attaching a fictional value to a piece of material by your own choice is asking for proper feedback. And so we observe down/up until detachment of the process occurs during honest analysis on the matter.
In regard to a more practical means of exchange, based on total effort of production whereby the measure taken would be the most efficient means of production know at a certain time for a certain thing, stability in this area of existence is foreseeable.
Listen to the Three wise monkeys in reverse:
Hear on evil, speak on evil, see on evil
The last drops have yet to be squeezed out of the lemon.
And not to waste these drops, for they might hold valuable nutrients, essential for our sour consumption.
One problem is that the solution above would completely isolate a group by keeping it within it's own system of trade (demand & supply) which satisfies all the parties involved in it. This means if I want a BMW hydrogen car then I won't get it unless I enter the trade system which would relate my product value directly to the cost of a unit of those cars, which is a great problem in my view, also because the majority of the people that we have are simply... consumers...
I think we compare ourselves too much with Thiaoouba's system. I know its all great and perfect to not have any monetary system, but IMO it is something that is impossible for our mentality and technology... yet. Though I will gladly join in when such occasion ever arrive.
Anyway, until that happen, the question is whether you use the monetary system for the greater good or not . Or maybe we should ask ourselves, are we thinking the right way when we're using the monetary system?
I watched an interview with him on BBC's Hard talk, expressing some great ideas and views over this topic.
More on http://davidharvey.org/
I just got into reading the essays of Ran Prieur:
found it interesting.
Rather than Barter system, I'd suggest to have a real community where everyone's being provided a necessary shelter and enough food / clothing, and everyone contribute as much as they can in regards to the things that need to be done, and of course such things must go through proper planning in order to have a maximized result. It's more of a teamwork and solidarity feeling if we all unite to achieve a common goal.
really what it comes down to is reasonably mutually agreed upon community based living that *also respects individual free will . one without other, seems incomplete.