James J. Martin on the epistemology of anti-economy

From AcademicBlogs

Here is a brain teaser. Something to sharpen our critical thinking skills with.

I am serious. This is a legitimate question. Why use money? We have the necessary population in America to sustain total domestic production of all commodities and consumables. We have the knowledge, skills, abilities, technologies, and sciences to generate hypergrowth and overcome artificial scarcities created by the monetary economy. Can we transcend the use of money in society --- for something “better?”

How about the concept of a quasi-money such as “property credits.” Profits, earnings, wages and salaries could be “paid” through property credits deposited into private on-transactable accounts (like social security accounts). Property credits only transacts ownership for land and real property. After all, private property is the main source of materialist status and material wealth. Everything else in the market should transact freely, right? Free food, commodities, etc. Can we unfetter capitalism from monetarism?

In terms of political economy, would this be an anti-economy paradigm? Why is this idea interesting?

Your response will be respected and appreciated.