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Jukka Peltokoski

Joseph Stiglitz proposes co-op models as an alternative to trickle-down economics - Co-... - 0 views

www.thenews.coop/...-alternative-trickle-economics

Joseph Stiglitz talousteoria talous osuuskunta osuuskuntateoria työ

shared by Jukka Peltokoski on 14 Oct 16 - No Cached
  • A changing political landscape and economic challenges mean we are witnessing “interesting” but “unsettling” times, warned economist Joseph Stiglitz at the International Summit of Cooperatives in Quebec.
  • He said that alongside changes in the political landscape, such as Brexit and the upcoming elections in the USA, the world faced economic issues which are beyond the control of individuals and even national governments.
  • “Co-ops and the social economy provide a key third pillar.
  • ...10 more annotations...
  • the salaries of chief executives rising by more than 300 times than that of the average US worker
  • USA
  • ichest 1% (not including capital gains) equals that of the bottom 90%
  • “Citizens know that the establishment has either lied to them or been totally incompetent. They feel that the economic system is rigged. They have lost trust in government and in the fairness of the political and economic system.”
  • I believe we can construct a world where the economy performs better for all, based on solidarity”.
  • “Some governments cut down on social security to grow GDP,” he said, “but the really important aspect is well-being. People actually feel better when they co-operate rather than being selfish.”
  • “There is going to be volatility, and co-ops are better able to manage risks than the private sector,”
  • Asked how much co-operatives could achieve while surviving in competitive markets, Prof Stiglitz warned that they “cannot ignore the laws of the economy”.
  • government regulation
  • t isn’t just the issue of government vs private sector.”
  • Jukka Peltokoski on 14 Oct 16
     
    Stiglitzillä on jutussa hetkensä, mutta yleisanalyysi jää nahjuiseksi. Tulee vaikutelma, että uuden talouden tavoittelu edellyttäisi "korkeampaa moraalia". Voihan olla, että tämä on vain Coop Newsin toimittajan osaamattomuutta ja moralismia, mutta lisäksi tuo moraali tuntuisi olevan paljolti työmoraalia. Sosialismin aave jää iloisen kommunistin aaveen varjoon. "Mutta emmehän me halua lisätyötä, vaan vapautta. Eikä solidaarisuus ole meille taakka. Me luomme kulttuuria ja teknologiaa elämälle."
Jukka Peltokoski

Connecting the Dots 8: The Commons as the Response to the Structural Crises of the Glob... - 0 views

blog.p2pfoundation.net/...27

Michel Bauwens p2p commons talousteoria jukkap2p avoin ja vapaa tieto vasemmisto

shared by Jukka Peltokoski on 14 Oct 16 - No Cached
  • In our contribution, we want to stress the key importance of what we call a “value regime,” or simply put, the rules that determine what society and the economy consider to be of value. We must first look at the underlying modes of production — i.e. how value is created and distributed — and then construct solutions must that help create these changes in societal values. The emerging answer for a new mode of value creation is the re-emergence of the Commons.
  • In our view, the dominant political economy has three fatal flaws.
  • Pseudo-Abundance
  • ...22 more annotations...
  • We could call this pseudo-abundance,
  • continuous capital accumulation
  • overuse and depletion of natural resources
  • Scarcity Engineering
  • Scarcity engineering is what we call this continuous attempt to undo natural abundance where it occurs.
  • “Intellectual property”
  • the ability of this privatized knowledge to create profits
  • A good recent example of this “patent lag” effect is the extraordinary growth of 3D printing, once the technology lost its patents.
  • Perpetually Increasing Social Injustice
  • more and more wealth into fewer hands through compound interest, rent seeking, purchasing legislation, etc.
  • To what degree does the Commons and peer-to-peer production function as a potential solution for these three interrelated structural crises of capitalism?
  • Digital networks (such as the internet) have recently enabled a new type of Commons where the knowledge required for human action and value creation has been mutualized. This has led to global open design communities, which jointly create open knowledge pools (e.g. Wikipedia), free software (e.g. the Linux Operating System) or open designs to enable physical production
  • Commons-based peer production emerges when technology enables the creation of open, contributory systems that create Commons.
  • The global open design communities engaging in peer production and mutualization of productive knowledge have no such perverse incentives. These communities design to ensure participation and are “naturally” inclined to design sustainable products and services.
  • The privatization and patenting of knowledge and technical solutions hampers the widespread distribution of necessary innovations. No such impediments exist in the open contributory systems of peer production communities, where innovation anywhere in the network is instantly available to the whole.
  • Peer production, independent of the profit motive, invites and facilitates the creation of solidarity-based forms of economic entities. Being generative towards human communities, these entities are more likely based on socially just forms of value sharing.
  • The Revolution Is Already Happening
  • responses take three forms:1. The sustainability and ecological/environmental movements, attempting to find solutions for the planet’s survival;2. The “Open,” “Commons” and “Sharing” movements, stressing the need for shareable knowledge and mutualized physical resources;3. The cooperative and solidarity economy, focusing on fairness.
  • The good news is that Commons-based peer production is the best way to bring these three necessary aspects together into one coherent system. However, for this to happen, the various movements need enabling tools and capacities. An example is the open source circular economy
  • Similarly, open and platform cooperativism — the convergence of socially just forms of production with shareable knowledge — allows all contributing citizens to create fair, generative livelihoods around the shared resources they need and co-create.
  • We’ve seen post-capitalist practices emerging since the late 20th century — for example, the 1983 invention of the universally available browser. Citizens have been empowered to create value through open contributory systems; these create universally available knowledge, which in turn can be used for material production.
  • emerging globally
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