Pure Capitalism with Cashless Capital

Capitalism in the traditional sense is built around the notion that resources are scarce and thus are assign an arbitrary value. This value is measured in money which is itself created as a scarce resource that is controlled by an inefficient administration. This administration is called bureaucracy, government, and banking.

The problem with using money as a measure of capital is that as a scarce resource, it is horded. It is horded because it represents non-specific goods. Precious metals and gems can also be horded because their value is based on the relative scarcity of money. For instance, if you were dying of thirst what would you rather have, gold or water? So the monetary value of goods is completely arbitrary.

I would use "cashless capital" to describe a progressive form of capitalism. "Pure Capitalism" is the same aggregation of resources used for producing useful goods for where they are needed. As efficiency increases, scarcity decreases. Since the value of resources is based on creating usefulness, then abundance increases. This is how pure capitalism, based on cashless capital resists hording, greed, and bureaucratic corruption.