“AMAZON INTRODUCES THE FIRST STEP TOWARDS A RECYCLED ECONOMY WHERE NEED TRUMPS GREED”
Capitalism has led to inequity of gargantuan proportions. It’s created a situation where the majority of wealth lies with a handful of people and excessive consumption. Further people are hoarding their wealth which is leading to uneven distribution of resources. All of this leads to a number of environmental issues as well.
Keeping these factors in mind, we decided to create a more equitable economy that is efficient as well. Introducing the Recycled Economy with Amazon taking the first step towards launching it with the Exchange Store.
An economic system that runs on the concept of bartering. An economy that minimises waste by rotating resources while ensuring that equity is maintained by trading on goods you already own thereby recycling and reusing them and keeping resources rotating in the system
STEP 1: INTRODUCING THE CONCEPT
THE SHARE TO SURVIVE - THE RECYCLED ECONOMY VR GAME
Changing the way an entire economy works takes time.
People must get used to the idea
and then get used to a new way of doing things.
We introduce The Recycled Economy with
a one-of-a-kind VR Game.
We create a world where there is no currency, and everything is tradable.
You get to pick a talent, a job
and a certain number of resources.
They are all tradeable for other things that you might need or want. They are your currency.
Everything in this world is barter-able.
It's a complete Recycled Economy
STEP 2: THE RECYCLED ECONOMY IN REALITY
For 7 days, no one will be able to put anything in their
cart, or buy anything on Amazon
These 7 days will be dedicated to, The Exchange Store.
How Amazon will work:
Step 1: Users upload a possession of theirs and put in what condition they are in <good, can be repaired, can't be repaired.>
Step 2: Amazon assesses the value of the item.
Step 3: It then pulls up other items of the same value that your item can be bartered for.
Step 4: You exchange it and put in your details
Step 5: It gets delivered and you hand your old belonging to the delivery boy – thus completing the exchange
Within this store and system, your belongings are your currency and the only role that money plays is to help value your items so that you can trade your belongings for things that are worth an equal amount.
How the recycling and reusing works:
If something is in bad condition: either gets fixed up by Amazon or goes to an NGO for all its parts to be recycled and then put back on the site/ physical store to be bartered again
If something is in good condition: IT’S either immediately put back into the barter system on Amazon/ goes to the physical store to be bartered again.
How can they be reused and recycled?
Some ways that things can be recycled; plastic can be turned into durable shoes, old clothes can be turned into interesting handicrafts, etc.
Recycled items from the Amazon – Exchange Store will also be sold at a physical store. The entire store will also work on the barter system.
After the 7 days, the option of bartering using The Exchange Store will stay on Amazon.
People can shift modes and shop in the Exchange Store on Amazon as and when they want to.
CREDITS:
ad: gayatri gulekar & prashray suryavanshi
cw: sharanya narayanan
Featured on the Young Shits website