Gradual transformation into a demand responsive economy based on the corresponding reorientation of value systems and educational content:
The supply of goods and services will not, as under conditions of materialistic capitalism, be regulated through the interplay between the costs of production and a demand linked to purchase price, purchasing power and an (often artificially generated or induced) need (scarcity/demand), but will orient itself exclusively to the actual social demand and to the feasible production and distribution capacities. Generally speaking, however, the demand for goods and services (of a particular kind and number) will be primarily adjusted to the values accorded highest priority by the globally renewed society (for example, there will be no demand for environmentally destructive cars, weapons, etc.).
In general, just considering the foreseeable demand in the at present (economically) developed countries, there would be a substantial decline in overall economic production. Superfluous businesses and services which would be rejected on environmental grounds and in the light of the new scale of values – such as the arms and fossil fuels industries, the advertising industry, the banking and insurance sectors, the luxury goods industry – would be shut down and the overproduction of inessential consumer goods would be scaled back to socially and environmentally acceptable levels. In the case of the at present (economically) underdeveloped countries, by contrast, the demand and thus the necessary supply (production/distribution) of goods and services which are assigned to the universal standard of living would undergo a corresponding increase. Factored across the entire planet, in the globally renewed society to be achieved, there will be a substantial overall reduction[1] in the industrial production of goods in particular, which is in keeping with the need for environmental sustainability and a solidarity-based humane (and no longer material consumerist) social order.
[1] By factoring in the then possible – because now liberated from the diktat of money – increase in efficiency of all production systems, this would also substantially reduce the planetary requirement/demand for energy of the society. (Politics today just focus on how to service/satisfy the constantly rising energy demand. Instead of posing, also in the debate about energy, the fundamental question – whether we indeed want and need this continuously growing avalanche of goods.)