The main problematic issues as I see them:
Fresco frequently alludes to the idea that we can't solve resource scarcity issues using the same old tools that got us into the current mess. Unfortunately, he does not approach technology and science with exactly the same rigor, instead elevating them to a vaunted "solution"s status rather than acknowledging that they are really inherent to many of the challenges in modernity. Alas, this is magical thinking.
Breaking this down...As a former IT expert with some twenty years of experience with complex computing technologies, I would say that relying on computing and technology to manage production and resource allocation is extremely foolish. Technological determinism - or "technology as panacea" in this case - is a consequence of not knowing how fragile and easily disrupted technological systems inherently are, especially as they increase in complexity. A la Kurzweil and others, it's become a bit of religious conviction that some sort of tipping point "is bound to occur" that frees humanity of its labors and existential challenges. From the perspective of someone who has spent nearly half of his life installing, building, programing and maintaining all manor of technology-dependent "cybernetic solutions" to complex problems, I'm here to tell you it simply will not work. Certainly not in our lifetime...and probably not ever. It is instead a romantic religious conviction cradled in a love of science fiction...and nothing more. Well, actually, it is something more...because such reliance (on any scale) inevitably leads to abrupt and calamitous unintended consequences.
Along the same lines, the scientific method should certainly be part of a larger toolbox in problem-solving...but we shouldn't place it on a pedestal. It has been much too easy to "capture" scientific research and decision-making and processes with opposing values sets, so that science can be used to justify completely different conclusions or reinforce preexisting biases. This is in large part because - in the same spirit as Fresco - many folks romanticize "logical" deductive reasoning, imagining that it is somehow independent of emotions, interpersonal relationships, spiritual perceptions, cultural conditioning, or indeed somatic patterns and proclivities. But it isn't - reason is one small part of a larger organism we call "consciousness." The reductionism inherent to Fresco's investment in science is just a problematic as relying solely on reading pigeon entrails - it excludes too much of the human experience. To appreciate what I'm alluding to, consider reading my essays on Sector Theory and Managing Complexity.
Which leads to the next point...
Values hierarchies are a reflection of moral development; without specific attention to how we mature our ethical frameworks individually and collectively, there will be no stable solutions available to replace the current self-destructive maelstrom. Human beings will undermine any and all systems whenever their values diverge from it. This is a central consideration of my own Level 7 proposals, and unless I’ve missed something, Fresco seems to rather polyannishly sidestep it (i.e. saying instead that it “will emerge naturally” as resource abundance is actualized - see Values | The Venus Project). I don’t entirely disagree with his sentiment here, but I also think moral development itself should be a more consciously and carefully considered facet of any effective proposal.
There is very little acknowledgement of the current population problem in the Venus Project. Our planet actually can't sustain the Earth's current population at developed countries' consumption levels - even if we "build everything to last" and maximize the efficiency of production as Fresco proposes - and certainly not for the population projected over the next hundred years. Sorry...it's just not possible. So reducing population has to be part of the mix...which again invokes issue #2 above. It's also a fundamental test of Fresco's target to produce "only what is needed;" folks routinely confuse needs and wants for all sorts of complex psychosocial reasons. Until families around the globe embrace the reality that it is immoral and reckless to have more than one or two children, all proposed systems will inevitable be under tremendous pressure to stratify the "haves" and "have-nots," simply out of practical necessity. Fresco tries to brush such concerns aside with his conviction that people will change their minds when presented with "scientific proof" of what they need...but again, this is more evidence of romantic idealism.
With these prominent exceptions, I actually agree with much of what Fresco says about property, currency, democracy, pilot projects and so forth. I just have different ways to address the same challenges. And that raises one last critical concern: the distributed and diffused nature of human social function. I think one reason many libertarian socialist proposals encourage reliance on community-level organization is because that is where humans are most comfortable - their circle of relationships can only be so big, and their engagement in self-governance and indeed productive activities can only extend as far as our wiring for emotional and social intersubjectivity. This sidestepping of subsidiarity is a major flaw in Fresco's understanding of human beings, which frankly presents to me a bit like how someone with Autism Spectrum Disorder might see the world; again, it misjudges the relationship between moral maturity and prosocial choices.
(See my Level 7 website for further discussion of many of the issues alluded to above….)
My 2 cents.
From Quora: https://www.quora.com/The-Venus-Project-What-do-people-think-about-the-Resource-Based-Economy-predicted-by-Jacques-Fresco/answer/T-Collins-Logan
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