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Beyond Greed and Scarcity by Bernard Lietaer - alternative monetary systems - 0 views

www.yesmagazine.org/...beyond-greed-and-scarcity Bernard Lietaer
shared by Kurt Laitner on 02 Feb 10 - Cached
  • Kurt Laitner on 02 Feb 10
     
    money as a store of value replaced by productive assets as a store of value; interesting take on *net not being a for profit venture, in fact there is no profit, only exchange, with perhaps powernet taking demurage to sustain itself and account for 'rot'
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On Voles and Openings « flow - 2 views

eric.harris-braun.com/...id-225 *ericharris-braun flow *money wealth design
shared by Kurt Laitner on 28 Jan 12 - No Cached
  • “A falling tree makes more noise than a growing forest.”
  • Once I’d stepped through, there was no going back, because suddenly I understood three things: 1) money was a human invention 2) this particular invention is foundational to all human social patterns 3) we can change it, and there-by change our social patterns.
  • Namely that 1) money is information, 2) the pattern of flow of that information in relation to communities should be circular, i.e. issued within the community so it would flow around it, not through it as happens with moneys issued outside of communities.  3) That there must be a rich ecology of currencies appropriate to each communities circumstances.  4) That these currencies must exist in the context of a network that emerges out of an interplay between communities of function (what people do together) and communities of identity (how people see and name themselves).
  • ...12 more annotations...
  • He had realized that money is a tool that focuses on building tradable wealth, but that tradable wealth is just a small subset of measurable wealth, which itself is a subset of acknowledgeable wealth.
  • But it wasn’t until I came to understand Art’s deeper definition of currency, as “current-see” or formal information systems that allows us to see and interact with currents, flows, that the things really came together.  These different levels of wealth, corresponding to the levels of systemic integrity, also needed corresponding currency types, to manage the different types of flow that are taking place at those different systemic levels.
  • wanted to build a generalized “wealth acknowledgement” system.
  • Regenerosity, which used the idea of laying down what amounted to a social network graph to record the changing relationships in a community, which is essentially what monetary transaction are.
  • But what I realized, is that money is still very concrete, and just like pictographic writing. It’s not abstract at all because all moneys so far use the same encoding mechanism they always have for value: relative scarcity (just like all pictograms use the same encoding mechanism for meaning: shape)  And that encoding mechanism is only really appropriate for tradable wealth where scarcity is a true for parts and products of systems.  It’s not appropriate for the wider levels of wealth.  What I saw is that we have no “alphabet” for encoding all the levels of value, and that’s what the open money system I’d been working on could evolve into.
  • It appears that the greatest leaps in “novelty,” i.e. increased possibility that we know of, all arise because of the emergence of new embodied information encoding systems, what I like to call “expressive capacities”.
  • Our current day money is to that new expressive capacity as the coordinating hunting grunts of some proto-hominids is to language.
  •  What we can it evolve toward, is, for the lack of a better term, a language of flow.  
  • Expressive capacities are all built out of fairly simple nested composable units.
  •  The rules for composability at each level are fairly simple, yet the variety of that which is expressible is infinite because of the combinatorial explosion.  
  • a small vocabulary of composable parts, mixable with definite meaningful grammatics.  
  • “Composition requires creation of a negative space, i.e. receptors for an as of yet unknown interaction.”
  • Kurt Laitner on 28 Jan 12
     
    excellent romp through the issues
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