Private enterprises were already issuing countless private currencies, by verifying credit, clearing checks, evaluating investments, dealing in futures, and insuring risks. All this was done on a network that was pitifully slow and unreliable. All the while, yesterday's capitalists knew that governments could never be trusted, that even in the best of times the Treasury was corrupt and melted down the official currency a little bit every year, and that in the worst of times governments would simply repudiate their debts, deny their memories, and disclaim their bank-note promises. With the telescreen, virtually every kind of good can become the equivalent of a bank note, available for inspection, conveyance, and storage at any distance. The telescreen spells the end of ration books, coupons, and degraded dollars.
Money is just one example among many.
Almost everything that now belongs to Big Brother can be returned to the market. With advanced communication ships can be tracked and guided privately. Planes, like pedestrians, can avoid colliding on their own, if they can see far enough ahead and communicate fast enough among themselves. This too is ultimately a failure of private dialogue and negotiation, as to who is willing to pay how much for air, water, or land. The most pathologically violent will still need to be confined, but most asocial citizens can simply be ostracized, or tracked by means of electronic collars, credit reports, or private references.