all the money we need?

Our economy and cultural construct are based on a monetary system of scarcity, which in turn is based on a foundation of competition, and winning versus losing.  Our currency used to be pegged to gold, but is no longer. Thus there is nothing actually backing your paper dollar bill other than our cultural agreement that that bill is actual worth a dollar because the government, and all of us, say so.  

If the scarcity of money is an agreement based on a belief system, then we could conceivably change that.   Enters MMT or Modern Monetary Theory.  This idea turns the idea of monetary issuance and taxes completely on its head.  Instead of the government raising taxes first to spend it later on programs, it offers jobs and social services upfront instead, raises no taxes, and funnels all that tax and government salary money back into the economy. Wow! 

Previously I have written about new economic thoughts like local currencies, hour banks, and a universal basic income.  I have also written about our culture of scarcity.  Yet nature is so abundant.  Where does this idea that there isn't enough come from? I am intrigued. MMT is a new buzzword but a highly controversial theory, as many completely new ideas are. But we need to think out of the present economic box to evolve our culture beyond its current paradigm.