Digitalisation of all money
A fixed deadline will be set by the government for all cash to be converted to digital numbers on each persons state controlled bank account. Each person gets the personal pocket computer on which they manage their account. They can make a transfer wirelessly to another person in the direct proximity or pay anyone else in the world. This permits the state to constantly know how much money everyone has. Prices at any store can be set proportionally with the wealth of the buyer, though prices are always to be fair.
Profits will no longer be holdable secret. Before any receipient sends or receives money from another user, he can see how much money that other user has.
Slowly the money system will change into a credit system. Where people who deserve credit gets more of it than others, but credit will then be distributed fairly and reasonably. Luxury will be for anyone to be able to do what they want, and the system will make sure of that. No longer will there be problems of money inbetween people, the concept of IT Communism is about knowing that there is space for everybody, but not if we don’t organize well. And that good organisation will happen with the next generation IT.